Joel Kanter

Chairman

Mr. Joel Kanter has served as President of Windy City, Inc., a privately held investment firm, since July 1986. From 1989 to November 1999, Mr. Kanter also served as the Chief Executive Officer of Walnut Financial Services, Inc., a publicly traded company (Nasdaq: WNUT). Walnut Financial’s primary business focus was the provision of different forms of financing to small business, by providing equity financing to start-up and early-stage development companies, providing bridge financing to small and medium-sized companies, and providing later-stage institutional financing to more mature enterprises. The Company was sold to Tower Hill Capital Group in 1999 in a transaction valued at approximately $400 million. Walnut was an early-stage investor in a diverse array of health care companies that have included BioHorizons, which has grown to be one of the largest dental implant companies in the world; Clarisonic, which was sold to L’Oreal for $525 million; Encore Medical, an orthopedic implant company that is now owned by Blackstone; GranCare, which grew to be the third largest long-term care company in the country; HealthCare COMPARE, the first utilization review company in the country and first nationwide PPO; I-Flow, a catheter and pain pump developer that was sold to Kimberly Clark for over $400 million; Prolor, a life sciences company that lengthened the life of protiens and was sold for $350 million; Sonicare Toothbrushes, which was sold to Phillips for $375 million, and some 300+ other companies. Mr. Kanter is a graduate of Tulane University.

Mr. Kanter is also a Trustee Emeritus and past President of the Board of Trustees of The Langley School in McLean, Virginia, a former Trustee at the Georgetown Day School in Washington, D.C., and of the Union Institute & University, the Country’s first Online University. He is also the current Board Chair of the Black Student Fund, the Education Committee Chair of the Kennedy Center’s National Committee on the Performing Arts, and serves as an appointee of the State Legislature to the Gubernatorial Virginia Israel Advisory Board.