Board Of Directors

Elad Yoran
Chairman

CEO
Security Growth Partners

Elad Yoran is founder and managing partner of Security Growth Partners, a lead investor in KoolSpan.

Elad is a recognized expert on information security and technology trends and speaks at numerous business conferences. He has provided testimony for a variety of media, including CNN, BBC, The New York Times, The Wall Street Journal, Forbes, BusinessWeek, InformationWeek, UPSIDE and others.

Elad’s background includes founding and leading Riptech, a pioneering Internet security firm; serving as a Vice President and lead industry analyst with Broadview, an investment bank that specializes in M&A for information technology companies; and serving as an officer in the U.S. Army. Elad is a combat veteran of Operation Restore Hope in Somalia and serves on community and not-for-profit boards. He holds an MBA degree from the Wharton School of the University of Pennsylvania and a BS degree with honors from the United States Military Academy at West Point.

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John N. Stewart

Vice President and Chief Security Officer
Cisco Systems

Mr. Stewart provides leadership and direction to multiple corporate security teams throughout Cisco, strategically aligning with business units and the IT organization to generate leading corporate security practices, policies, and processes. The Corporate Security Programs Organization focuses on global information security consulting and services, security evaluation, critical infrastructure assurance, eDiscovery, source code security, identification management, as well as special programs that promote Cisco, Internet, and national security. Additionally, he is responsible for overseeing the security for Cisco Connection Online, the infrastructure supporting Cisco’s more than $28.5 billion business.

Mr. Stewart’s longstanding career in information security encompasses numerous roles. He was the Chief Security Officer responsible for operational and strategic direction for corporate and customer security at Digital Island. Mr. Stewart has served as a research scientist responsible for investigating emerging technologies in the Office of the CTO at Cable & Wireless America. He has professional experience in software development, systems and network administration, and is a software specialist, author, and instructor. Mr. Stewart has given numerous tutorials and presentations at various security forums, including SANS, USENIX, RSA, and Cisco Networkers.

Throughout his career, he has been an active member of the security industry community. He served on advisory boards for Akonix, Finjan, Cloudshield, Riverhead, and TripWire, Inc. Currently, Mr. Stewart sits on technical advisory boards for Ingrian Networks, Panorama Venture Capital (formerly JPMorganPartners Venture) , RedSeal, and Signacert, Inc.

Mr. Stewart holds a Master of Science Degree in Computer and Information Science from Syracuse University, Syracuse, New York

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David S. Rose

Managing Principal
Rose Tech Ventures

David S. Rose, Chairman of the board of New York Angels, is an entrepreneurial executive and investor with extensive experience in high technology and wireless technology. He was named by Inc. magazine to the 1998 Inc. 500 list and lectures frequently on issues relating to the development of the international information infrastructure. During the course of his career, he has supervised the creation of an intellectual property portfolio of issued patents appraised at over $100 million. He was a founding member of the New York New Media Association, is a frequent guest speaker at graduate business schools including Harvard, Yale, Columbia and NYU, and currently serves on the boards of directors of companies including Aereon Solutions, SignStorey, and ISoldMyStuff.com.

David has a B.A. from Yale University and an MBA in Finance from Columbia University Business School.

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Thomas W. Jones

Founder and Senior Partner
TWJ Capital

Thomas W. Jones is former Chairman and Chief Executive Officer of Global Investment Management at Citigroup, and former Chairman and Chief Executive Officer of Citigroup Asset Management with approximately $500 billion assets under management. Thomas was appointed Chairman and Chief Executive Officer of Citigroup Global Investment Management in August 1999 and continued in that capacity until October 2004. This business sector included Citigroup Asset Management, Citigroup Alternative Investments, Citigroup Private Bank, and Traveler's Life & Annuity.

Thomas joined Travelers Group as Vice Chairman and Director in 1997, and served as Chairman and Chief Executive Officer of Salomon Smith Barney Asset Management. Prior to joining Travelers Group, Thomas was Vice Chairman and Director of TIAA-CREF since 1995, and President and Chief Operating Officer from 1993-1997. From 1989-1993, he served as Executive Vice President of Finance and Planning and Chief Financial Officer of TIAA-CREF. From 1982-1989, Thomas was Senior Vice President and Treasurer and other positions with John Hancock Mutual Life Insurance Company, and spent the previous 11 years in public accounting and management consulting, primarily with Arthur Young & Company.

Thomas is a Director of Altria Group and Trustee of the Economic Club of New York. Past board positions include Cornell University, Federal Reserve Bank of New York, Freddie Mac, Fox Entertainment Group, Travelers Group, Pepsi Bottling Group, TIAA-CREF, Eastern Enterprises, Thomas & Betts Corporation and Investment Company Institute.

A graduate of Cornell University, Thomas also holds an MS degree from Cornell and an MBA administration degree from Boston University, and is a Certified Public Accountant. He has been awarded honorary doctoral degrees by Howard University, Pepperdine University and the College of New Rochelle.

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Tony Fascenda

CEO
KoolSpan

In 28 years of developing wireless technologies, Tony Fascenda has been awarded ten individual patents and has taken three separate wireless companies from startup to acquisition. Tony's first foray into wireless began in the late 70s with the development of a first-of-its-kind wireless timing and scoring system for Formula One and Indy 500 auto racing.

Tony built his first company, DataSpeed, around the wireless timing system, and adapted the technology to create the QuoTrek, the first handheld, wireless device for real-time tracking of stock quotes. Tony took DataSpeed public in 1982, and it was then acquired by Lotus in 1985. The QuoTrek devices are still in use today under the Signal brand. Tony then formed NewsPager Corporation of America, which developed and marketed the NewsPager device for tracking real-time financial information. NewsPager devices were licensed in 18 countries and licensed for manufacture to Uniden, Motorola, Philips, and Oi Electric. NewsPager was acquired by Motorola in 1997. In the late 1990's Tony worked with Bethesda-based Mobeo to develop a real time foreign currency rate reporting system. Mobeo was acquired by Aether Systems in 1999 and subsequently went public.

A professional interest in RF and WiFi technology led Tony to form KoolSpan with two former colleagues. With KoolSpan, Tony saw an opportunity to solve the problem of gaps in WiFi security with an elegant, inexpensive security product based on pre-existing and highly secure smart cards already widely used in GSM wireless phones. This led to the creation of an entirely new authentication and security technology that doesn't use certificates — one that works independently of wired/wireless and local/remote connections. Tony has filed eleven patents covering the KoolSpan solution both broadly and specifically.

Tony holds a BS in Electrical Engineering from Drexel University. At Penn State, Tony developed a master's thesis on Formula One racing that eventually led to the creation of his first company and his work in wireless.

Multi-patent awardee Tony has been awarded patent protection over a four-decade span. His patent history is about to be eclipsed by the filings in KoolSpan. KoolSpan currently has seven patent applications on file with seven more in final stages of preparation.

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Elad Yoran
CEO
SG Partners

John N. Stewart
CSO
Cisco Systems

David S. Rose
Managing Principal
Rose Tech Ventures

Thomas W. Jones
Founder, Sr. Partner
TWJ Capital

Tony Fascenda
CEO
KoolSpan