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Vela's Board Of Directors

Tim Curran
Tim Curran most recently served as CEO of Eleven Technology, the leader in next generation handheld software applications for the Consumer Goods industry. During Tim's 3-year tenure as CEO of Eleven, revenues grew 80% annually, customer count grew from 2 to 16 and employees grew from 10 to 40. Tim also expanded Eleven internationally, landing three customers outside the US and opening an engineering and customer support center outside of Shanghai, China. Eleven Technology was acquired by Trimble Navigation in April 2006. Tim is currently General Manager of Trimble's Mobile Solution's international business.

Prior to Eleven, Tim spent five years as the #2 executive of I-many, Inc., an enterprise contract management software company that grew from $6MM to $60MM in sales during his tenure. Tim's roles at I-many included EVP Sales and Marketing, EVP Corporate Development, and General Manager of their CPG business. Prior to I-many, Tim spent 8 years with Accenture and a year with EMC Corporation.

Tim holds a BS in Chemical Engineering from Case Western Reserve University and an MBA from the University of Chicago.

Josh Kanner, Co-founder
Josh Kanner has focused his career on the development and marketing of innovative technologies. He graduated with honors from Brown University, then worked as a consultant to various heavy industries, helping to market cost and environmentally-preferable process technologies. After a year in Madrid on a Rotary Foundation scholarship to study Total Quality Management at one of Spain's largest construction firms, he then pursued an MBA from the Sloan School at MIT. Upon graduation Josh was hired as the first Marketing employee at Emptoris, Inc., a web based software provider, and assumed responsibility for product management. After assisting with early sales at Motorola and elsewhere, Josh was promoted to develop and manage Emptoris' entire product strategy. During his tenure, Emptoris grew from one to twelve products, from 20 to 200 employees and from 1 to 100 customers, including Heinz, GlaxoSmithKline, and Vodafone; became the only privately-held company in its segment to be annually placed in the 'visionary' quadrant by Gartner Research; and was selected by IBM and Accenture as their global strategic sourcing platforms over industry “heavyweights” Oracle and SAP. Josh was a 2004 recipient of the prestigious Franz Edelman Award for technology innovation.

John Macomber
John Macomber is a Chairman of the George B. H. Macomber Company, a Boston-based General Contractor with clients including Cisco, EMC, Fidelity, Dartmouth College, Children's Hospital, and others. He is particularly interested in reducing the first cost of building design and construction, including using innovative insurance and contracting methods and adopting e-commerce and Internet technologies from other industries. He has been an Internet entrepreneur and investor, and for 15 years has taught Strategy and E-Commerce in Real Estate and Construction at MIT and Harvard University Graduate School of Design. He is a graduate of the Harvard Business School.

Ryan R. Moore
Ryan co-founded GrandBanks Capital in 2000 with Charley Lax and focuses on investments in each area of focus in the GrandBanks Capital portfolio. Ryan currently serves on the Board of Directors for uLocate Communications, GlassHouse Technologies, First Coverage, and Vivox Inc., and works closely with GrandBanks Capital's investments in Enpocket. Ryan served as the lead investor in the series A funding of uLocate Communications, Vivox and First Coverage. Prior to co-founding GrandBanks Capital, Ryan had worked with Charley Lax since 1999 at SOFTBANK Venture Capital (Mobius Venture Capital), and SOFTBANK Capital Partners, a strategic late-stage investment fund. Previously, he was a Senior Associate focusing on Technology Investment Banking with Robertson Stephens in San Francisco, California. During his tenure at Robertson Stephens, Ryan worked with a number of technology companies on strategic and financial transactions including E*Trade Group, eBay, Internet Security Systems and WebMD. Ryan earned his AB in Economics from Princeton University in 1996, where he played linebacker on the Tigers' 1995 Ivy League Champion varsity football team. Ryan's interests include history, playing basketball and traveling.

Elliot Katzman
Elliot Katzman is a general partner of Commonwealth Capital Ventures. Elliot has more than 25 years of high-technology experience and has been instrumental in building some of New England's most successful software companies. He focuses his investment activity in software, internet-related, and new media companies. Prior to joining Commonwealth Elliot was a general partner at Kodiak Venture Partners where he led investments in companies such as Groove Mobile, Mindreef, Newforma, Pragmatech Software, Spaceclaim and Wis.dm. In addition, he was on the board of Watchfire. Before becoming a venture capitalist, Elliot spent more than twenty years as a senior operating executive. He founded and led Myteam.com, a direct marketing/new media company now part of the Active Network. Prior to Myteam.com, he was Senior VP and CFO at SolidWorks, where he led the merger with Dassault Systemes. As CFO of Atria Software, he led an IPO and a $1 billion merger with Pure Software, the largest software merger of its time. Earlier, Elliot served as CFO of Epoch Systems, where he had senior operational responsibilities and managed the company's merger with EMC. He was also an executive with Prime Computer during its significant growth phase in the mid-1980s. Elliot holds a BSBA summa cum laude from Salem State College. He is also involved in a variety of community activities including the Board of Trustees of St. John's Prep High School and the Board of Fellows for Trinity College.

Jon Hirschtick
Co-founder and Group Executive SolidWorks Corporation/Dassault Systemes. Jon is Group Executive and Board Member for SolidWorks Corporation, a subsidiary of Dassault Systemes. Jon founded SolidWorks in 1993, and served as CEO until 2001. SolidWorks is the leading provider of mainstream 3D Computer Aided Design (3D CAD) software. SolidWorks 3D CAD software is used by over 500,000 people worldwide to design consumer goods, electronics, medical devices, and factory machinery. Previously Jon was at Premise, a CAD company he co-founded in 1987, and Computervision. Jon has Bachelor's and Master's degrees from MIT, where he was a member of the MIT blackjack team popularized in several books and television programs. Jon is a member of the MIT Visiting Committee for the Mechanical Engineering department, and Chairman of the New England region of the American Technion Society. He also is a board member at Liquid Machines and Z Corporation.

Observers

Adam Omansky, Co-founder
Adam H. Omansky earned his Bachelor of Architecture from Cornell University and was awarded the Charles Goodwin Sands Memorial Silver Medal, the highest thesis medal for exceptional merit in architectural design. Subsequent to the Sands Medal, Adam presented his thesis research, analysis, and design in Advanced Theory Seminars at the Harvard University Graduate School of Design. Following Cornell, Adam practiced architecture and urban design in Boston. Adam earned a Master in Design Studies in Project Management with Distinction at the Harvard University Graduate School of Design, with coursework at the Massachusetts Institute of Technology Center for Real Estate and at the Program on Negotiation at Harvard Law School. Adam was also a faculty member at the Boston Architectural Center. From 1999 to 2004, Adam and fellow Cornellians expatriated to Budapest to spearhead the creation and successful operation of Formanyelv Architecture and Urban Design, a direct subsidiary of Gresco Investments Ltd., an international real-estate development and investment group. During his tenure abroad, Adam played a critical role in the design and construction administration of the celebrated Four Seasons Hotel Gresham Palace, 100M plus luxury hotel project in a UNESCO-protected Art Nouveau palace. At Formanyelv, Adam managed a broad scope of work, from conceptual design to construction documentation to systems coordination to information technology. During more than a decade of professional experience, Adam has gained an acute understanding of the challenges and risks that face AEC industry and real estate professionals in all phases of project delivery. Currently, Adam applies his diverse domain knowledge, project management expertise, and creative and analytical talents as an innovator and leader at Vela Systems.

James Geshwiler
James Geshwiler, Managing Director, CommonAngels As Managing Director of CommonAngels, James runs one of the first formal venture capital investing networks and the largest in the Northeast. He joined CommonAngels in 1999 when it was an informal group of private investors, and since that time has grown it into a structured network that has invested $37 million from individual investors supplemented by two $10 million co-investment funds. He has funded 31 companies and worked with them through over 85 rounds of financing totaling over $200 million. Day-to-day, James manages deal flow, due diligence and the investment process. James also was the founding chairman of the Angel Capital Association, the professional alliance of angel groups that has grown from 46 groups as charter members to now over 125, representing over 5,000 investors. He also was the founding chairman of ACA's sister organization, the Angel Capital Education Foundation, in partnership with the Kauffman Foundation. AECF works with angel investors, venture capitalists, academic leaders and entrepreneurs around the country to provide research and educational programs on angel investing. He is a contributing author to Cutting-Edge Practices in American Angel Investing, published in October 2003 by Darden Business Publishing of the University of Virginia, has written papers and various articles on angel investment processes, and regularly speaks on entrepreneurship and private investing. He holds a bachelor's degree with highest honors from the Liberal Arts Honors Program at the University of Texas at Austin, a master's degree in political science from UCLA, and an MBA from MIT's Sloan School of Management. James also is an avid rower and a member of Cambridge Boat Club.