Dan Penberthy

Director

Mr. Daniel P. Penberthy, also known as Dan, has been the Chief Financial Officer at Rand Capital Corporation since 1997, its Treasurer since August 1997 and also serves as its Executive Vice President. Mr. Penberthy is responsible for sourcing deals and administration of Rand Capital’s investments and oversees its financial operations. He served as a Senior Vice President of Rand Capital Corporation since January 2002.

He has been employed with Rand Capital Corporation since 1997. He serves as Vice-President and Member of Executive Board of Upstate Venture Association of New York, Inc. He serves as Treasurer at Rand Capital SBIC, L.P. Prior to 1990, he was employed at KPMG. From 1993 to 1997, he served as Chief Financial Officer at the Greater Buffalo Partnership and the Greater Buffalo Convention and Visitors Bureau. Prior thereto, from 1990 to 1993, he served as a Senior Associate with the Greater Buffalo Development Foundation. He serves as Director of SciAps, Inc., Upstate Venture Association of New York, Inc. and Empire Genomics, LLC. He serves as a Board Member of Block Club Cards, Inc. He served as a Director of Synacor, Inc. Mr. Penberthy received an M.B.A., cum laude, from the State University of New York at Buffalo in May 2000 and a B.Sc. degree from the St. Bonaventure University.