As Executive Chairman of Transactis, Mr. Walsh has a day-to-day role with the company working with the executive management team on issues of strategy, business development and fundraising. Prior to Transactis, Mr. Walsh was the CEO and Chairman of VerticalNet, Inc., (NASDAQ: VERT) overseeing the company’s IPO. Previously, Mr. Walsh was a senior VP and corporate officer at AOL, where he founded and ran AOL Enterprise, the company's business-to-business division. Prior to AOL, Mr. Walsh was the president of GEnie, the online service owned by General Electric. He also was the president of Information Kinetics, Inc., a venture capital-backed interactive information company focusing on the recruitment and classified advertising market. Mr. Walsh was the VP and GM of the interactive services division of CUC International, a leader in online commerce. Before joining CUC, he worked in the cable television business, spending four years at HBO in New York. Mr. Walsh is the past chairman of the Interactive Services Association, a 300-member company trade association focusing on the consumer interactive service marketplace. He served on the board of the Information Industry Association (IIA), and currently serves on the board of the Software and Information Industry Association (SIIA). Mr. Walsh is a past winner of the IIA Industry Leader Award. He serves on the President's Advisory Group of the U.S. Chamber of Commerce, and is also a member of the Standard for Internet Commerce. Mr. Walsh received his MBA from Harvard Business School and his BA from Union College in Schenectady NY.

A co-founder of Transactis, Mr. Kohn became CEO of Transactis in April 2002. In late 2003, he focused the company’s unique solution on the creation of an e-billing product that would attract the mass market to e-billing: email billing. Mr. Kohn oversees the company's strategy and staff and, along with Executive Chairman Mark Walsh, is responsible for the company's fundraising efforts. Before Transactis, Mr. Kohn was the CEO and first employee of the Maryland-based online auction company, Bid4Assets, where he helped raise $9 million of institutional funding and put the company on track to break even. Mr. Kohn was a vice president at Gannett Co., where he created a $20 million revenue stream by launching USAToday.com's e-commerce business. He was an early member of the offline browsing company, Freeloader, which was sold in 1997 for $38 million to Individual, Inc. He was an original member of the AOL Greenhouse, the company's first in-house venture capital arm, helping to write the division's business plan and work on investments in and partnerships with start-ups such as The Motley Fool and iVillage. Mr. Kohn spent several years with Ogilvy & Mather Advertising/New York, where he produced campaigns for American Express, AT&T and Kraft General Foods, among others. Mr. Kohn has a B.A. from Stanford University and an MBA from Harvard University.

Mr. Greenberg has founded several companies focusing on direct marketing and customer service infrastructure solutions. Most recently, Mr. Greenberg founded eStara, a well-positioned, venture-backed company that is the leader in the voice IP (VoIP) space for e-commerce. The product gives Internet users the ability to talk to a live customer service representative from the convenience of their computer screen. Mr. Greenberg was co-founder of Electronic Direct Marketing and he co-launched the Internet Catalogue/Opt-in E-mail Marketing Company's call center. Mr. Greenberg is a licensed investment banker with nine years of experience in the financial markets. He graduated from The University of Maryland Business School.

Bringing his years of consumer online expertise and an extensive background in new product development, consumer research and packaged goods, Mr. McIntosh leads Transactis’ business development and marketing groups. Prior to Transactis, he oversaw the launch of the AOL Bill Pay Service and its companion product, AOL Certified Mail. Also at AOL, he worked across several core business groups, including AOL Personal Finance, AIM Instant Messaging, Netscape and AOL's local service, Digital City. For Digital City, Mr. McIntosh was the Director of Marketing, developing the brand and leading marketing efforts across the Digital City network. At AOL’s division of Netscape, he led the sales, account service and reporting analysis teams for ICQ and the AIM instant messaging service. Prior to AOL, he led the development and launch of WashingtonPost.com. Mr. McIntosh began his career Warner Lambert, where he was a Brand Manager on such household brands as Dentyne and Rolaids and led new product development for the company’s confectionary business. A native of Canada, Mr. McIntosh is a graduate of Queens University in Kingston, Canada and Harvard Business School.

Mr. Smith has served in senior management roles in several startups and Fortune 500 companies. His consulting experience includes project management, product strategy and business process improvement projects for services companies and early-stage ventures. Mr. Smith spent nine years with three startups, three years as Chief Technology Officer for Inacom Corp., and fourteen years at Automatic Data Processing (ADP). He has held positions at these companies including Senior Vice President, General Manager, and VP-level responsibility for Product Management, Sales, Marketing, and Customer Service. Mr. Smith is certified as a Project Management Professional (PMP) by the Project Management Institute. Mr. Smith has an AB from Dartmouth College, and an MBA from The Tuck School at Dartmouth.

Mr. Patchin leads the project/account management team at Transactis. He has over 10 years of experience in Internet product management, product marketing, online publishing and high-tech investing. Immediately prior to Transactis, Mr. Patchin worked with Andojo, a $20 million technology venture fund in Napa, CA and Winetasting.com, where he oversaw the management of their direct-to-consumer email campaign management, e-commerce strategy and web design. In San Francisco, in August 1998, Mr. Patchin joined Xoom.com, prior to their merger with NBC and Snap.com and subsequent IPO. He became the vice president and general manager of the NBC's Internet/XOOM division, with an emphasis on creating opportunities for e-commerce and advertising through membership generation via distribution of free viral web products and services. Before Xoom, Mr. Patchin worked with Internet start-ups such as Spark Online, Alexa Internet (bought by Amazon.com in early 1999) and Freeloader of Washington, DC, the first push technology software/service (bought by Individual Inc. in 1997 for $38 million). Mr. Patchin spent six years with The Washington Post Company, both as a research assistant and as part of the launch team for Post's first online endeavor, Digital Ink. He holds a BA degree from Ohio Wesleyan University.

Dr. Kovilakath currently leads Transactis’ software research and development programs. Dr. Kovilakath has provided various software and hardware solutions for several corporations including DecisionOne Inc., Best Software Inc., Inacom Corp., and Planning Research Corp. Dr. Kovilakath has worked in several capacities including Vice President of Product Development, CTO, Director of System Architecture and Senior Member of Technical Staff. Dr. Kovilakath has a BS in Physics from California Polytechnic State University at SLO and a PhD in Computer Science from the school of Engineering and Applied Science at George Washington University.

Mr. Oberdorfer has over 20 years of business and financial management experience in start-up, privately held and Fortune 500 companies, where he developed expertise in business planning and forecasting, business case evaluation, financial analysis, performance management and expense control and reduction. Mr. Oberdorfer is the principal of Rock Creek Consulting, LLC, formed in 2001 to work with emerging technology companies to develop coherent, fundable business plans and financial projections and to provide financial management oversight. Mr. Oberdorfer's firm has clients in several technology industry segments including wireless, application software, enterprise software, E-Commerce and systems integration. Previously, Mr. Oberdorfer held various senior financial positions at both Nextel Communications and Oncor Communications with particular emphasis on business planning, forecasting, deal support and business case evaluation. Mr. Oberdorfer holds an MBA in Finance from The George Washington University and a BA in Government from St. Lawrence University.

Mr. Klein is the Managing Partner of Legend Venture Management, a venture capital firm he founded in 2004.  For the prior 10 years, he was a venture capitalist with Kinetic Ventures, where he as a partner in five venture capital funds focused on communications, information technology and energy.  While at Kinetic, he led investments in Placeware (acquired by Microsoft), Ramp Networks (IPO, acquired by Nokia) and Grande Communications.  Previously, he held corporate finance positions with Salomon Brothers and Chemical Bank.  He has been a frequent spokesperson regarding venture capital, including the Venture Capital Journal, the Boston Globe, and the Associated Press.  He has also been a featured guest on CNNfn.  Mr. Klein is a member of Young Presidents’ Organization.  He holds a BBA from the University of Texas at Austin and an MBA from Harvard University.

Mr. McConnell is the CEO and President of Financial Management Services (FMS). He has over 35 years of business and financial management experience, particularly in accounts receivable and the real estate business. From 1970-1975, Mr. McConnell was at Hughes Computer Systems where he was a Principal and systems analyst/manager, creating accounts receivable systems for apartment building tenants. In 1975, Hughes was sold to ADP for $70 million and Mr. McConnell stayed with ADP until 1980. From 1980-1990, Mr. McConnell was at Dreyfuss Brothers, Inc., the largest property management company in the U.S. There, he designed, programmed and installed mini-computer systems to process apartment tenant receivables and vendor accounts payables at over 300 sites nationally. From 1990 to the present, Mr. McConnell has been the CEO and President of FMS, where he has overseen a portfolio of approximately 50,000 bad debts with an estimated value of $60 million, directed the design of a computer system to track and report the status of these accounts and directed a staff of 50 that has managed $300 million of cash assets, Among other responsibilities, Mr. McConnell has also formulated investment strategies for real estate properties having excess cash assets.

Mr. S. Tien Wong is Chief Executive Officer of Opus8, Inc., a private investment firm in McLean, Virginia. The firm currently has interests in New World Publishing (publisher of the Budapest Business Journal, Warsaw Business Journal, and Prague Business Journal); Lincoln Healthcare Events (event management company for CEOs of long-term care and home care conferences); Allpoint Network (national ATM network), and Better World Telecommunications. In 1991, Mr. Wong co-founded and served as CEO of CyberRep, Inc. until its acquisition by Affiliated Computer Services (NYSE: ACS) in January 2003. At the time of its acquisition, CyberRep was the third largest privately held Customer Relationship Management (CRM) company in North America, operating six Customer Interaction Centers (CIC) nationwide, with over 2,100 employees, and a revenue run-rate of $75 million. Services include outsourced telephone, e-mail and web-based customer contact, technical support and CRM solutions. CyberRep was ranked in Inc. magazine's 1997, 1998, 1999 and 2000's "Inc. 500" as the 51st, 53rd, 72nd and 408th fastest growing private company in the nation, respectively. Mr. Wong was the recipient of the 2001 Ernst & Young Entrepreneur of the Year award for the Greater Washington region. Prior to co-founding CyberRep, Mr. Wong worked for ten years in commercial real estate finance and investments. Mr. Wong also volunteers as a business advisor in the Mentor Program at the Georgetown University School of Business in Washington, DC. He is a graduate of Dartmouth College.

Mr. Kenefick is the founder and CEO of BetterWorld Telecom. He has more than 15 years experience in telecommunications and information technology and has served as founder, principal and advisor to a number of corporations, including Net-tel, which ran and founded in 1996 and which had over $30 million in revenues by 1999. Before Net-tel, in 1990, Mr. Kenefick founded, ran and successfully sold The Keystone Corporation, a company that provided telecommunications services to the hospitality industry. He was also an early investor in Irvine, CA-based Epoch Networks, an Internet service provider. Mr. Kenefick is an active member of Young Presidents' Organization (YPO), Young Entrepreneurs' Organization (YEO), and the Kauffman Foundation's Center for Entrepreneurial Leadership, and Business for Social Responsibility (BSR). Mr. Kenefick has twice been named as a finalist for Ernst & Young's Entrepreneur of the Year. He is a graduate of M.I.T.'s three-year Birthing of Giants Program and is a graduate of Babson College.

Mr. Simons is currently acting COO of Buzztone, Inc, (New York). Buzztone has been re-created by Mr. Simons as a new breed of music industry marketing company to leverage the speed and global scale within the rapidly growing entertainment industry. In 2000, Mr. Simons founded and was CEO of YDC, Ltd, (Maryland), an Internet business solutions and marketing-based firm, providing early stage companies with ability to present realistic business models to angel and first round institutional investors for funding. From 1997-2000 Mr. Simons was the EVP of Global Marketing & Sales for WorldSpace Corporation, (Washington, DC), responsible for establishing a brand architecture to a new digital radio and streaming media company offering L-Band satellite services and 80+ audio channels to emerging global markets. Mr. Simons was the Principal/Founder of The Marketing & Promotion Consultancy (Easton, CT) from 1994-1997, creating their strategic marketing and product development group for clients such as Sony Music (UK/USA) Cablevision (USA), US Tobacco (USA) and ESPN2 (USA). From 1991-1994 Mr. Simons was President/CEO of the Entertainment & Sports Marketing Division of DMB&B/Clarion Marketing & Communications, (Greenwich, CT) overseeing the cross over of traditional and Internet strategic marketing partnerships for the NFL, NHL and NASCAR. From 1980-1991 Mr. Simons was the President & Co-Founder of The Marketing Group/EMCI Ltd., (New York, NY/Stamford, CT), marrying corporate to entertainment personalities, including Pepsi Cola with Michael Jackson. Mr. Simons holds an MBA from UCLA, Los Angeles, CA and a Bachelor of Science from Woodbury University, Los Angeles, CA. Mr. Simons speaks regularly to address critical marketing and development platform issues in the entertainment and technology sectors.

Mr. Kraff is the co-founder of 13 Colonies Software of Austin, TX. Previously, Mr. Kraff was the founder and CEO of eStudentLoan, the comparison marketplace for the online purchase of student loans. Under his direction, eStudentLoan established a leadership position on the web, implementing partnerships with the nation's top financial institutions such as Citibank, American Express and Bank of America, and winning several "Best of the Web" awards. He guided the company to profitability and steered its products through three mergers and acquisitions. From 1991 to 1995, Mr. Kraff was co-founder and CEO of Advanced Network Systems (ANS), an enterprise systems integration company with over 100+ installations. Mr. Kraff was also a partner at Hearthstone Vanguard Group in Washington DC, where he placed and managed venture capital investments in numerous start-up ventures. In addition, he served as the Director of Network Services for the American Bankers Association where he managed the Telecom, Training, and Technical Services teams. Mr. Kraff has a Bachelors of Arts degree from Cornell University and an MBA in Finance from Columbia Business School, where he focused on Managing New Ventures and Transactions.

Mr. Gibbons currently leads eStara's software research and development programs, as their EVP and chief technology officer. An experienced technologist, he held various executive positions at Microsoft before joining eStara. Mr. Gibbons headed Microsoft's global Office 2000 marketing program for enterprises, channel partners and independent software vendors. He served as Microsoft's Chief Information Officer, directing a worldwide staff of 1,300. Mr. Gibbons holds a B.S. in mathematics from Lawrence University and Northwestern University, along with an M.S. in accounting and information systems from Northwestern.