Adexa's board of directors is composed of seasoned executives whose business acumen, knowledge of the e-business marketplace, and proven experience in guiding high-growth companies have been key factors in our success. In their advisory and oversight role, Adexa's board members have helped our management team craft a compelling vision for e-business, advance our strategic initiatives and build strong infrastructure to ensure long-term growth.

K. Cyrus Hadavi, Ph.D. has served as President and Chief Executive Officer of Adexa since its inception. Prior to founding Adexa, Dr. Hadavi was one of the original team members at i2 Technologies, Inc., a supply chain management software company, from 1992 to 1994. Dr. Hadavi holds a B.S. in electrical engineering and a M.S. in industrial management from the University of Birmingham, UK, a M.S. in computer engineering from the University of Southampton, UK, and a Ph.D. in computer science from the University of Michigan.

Sam H. Lee has served as a Director of Adexa since June 1998. Since July 1999, Mr. Lee has been a co-founder and Managing Director of Infinity Capital, a venture capital firm. Since 1995, Mr. Lee has been a co-founder and General Partner of Information Technology Ventures, a venture capital firm. Prior to founding Information Technology Ventures, from 1990 to 1994 he served as Vice President of Philadelphia Ventures, a venture capital firm. Mr. Lee serves on the board of directors of E.Piphany, a software solutions company, and several privately held companies. Mr. Lee holds a B.S. in electrical engineering from Mississippi State University, an M.E. in electrical engineering from Texas A&M University and an M.B.A. from the Wharton School of the University of Pennsylvania.

Marc A. Singer has served as a Director of Adexa since August 2002. Mr. Singer co-founded BEV in 1997. Prior to BEV, Marc worked for four years as a Senior Associate at Consumer Venture Partners. Previously, he served in the Investment Banking Group at Donaldson, Lufkin & Jenrette. Mr. Singer is a graduate of the Wharton School of the University of Pennsylvania.

William H. Younger, Jr. has served as a Director of Adexa since January 1998. Mr. Younger is a Managing Director of the general partner of Sutter Hill Ventures, a venture capital management firm, which he joined in 1981. Mr. Younger also sits on the board of directors of Vitria, an e-Business platform provider company, Virage, Inc., a software company, and several privately held companies. Mr. Younger holds a B.S., summa cum laude, in electrical engineering from the University of Michigan and an M.B.A. from Stanford University.

W. Townsend Ziebold, Jr. has served as a Director of Adexa since August 2002. Mr. Ziebold played a leading role in several of Wasserstein & Co.'s investments, including Digital River, Loudeye, Venetec, Firekey, PlanSoft, eMotion (aka Cinebase Software), Pulse and Salon.com, for many of which he sits on the board of directors. Mr. Ziebold is also a director and Non-executive Chairman of Imax Corporation, a leading large-screen film projection company, and a former director of Collins & Aikman Corporation, a $2 billion sales diversified manufacturing company, and Maybelline, Inc., a leading mass market cosmetics manufacturer. Mr. Ziebold holds a B.S. in Economics from Trinity College, and an M.B.A. from the Stanford School of Business. Mr. Ziebold currently serves as a member of the Board of Fellows of Trinity College and as President of the Board of Trustees at West Side Montessori School in New York City.