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provided to the Debtors, the defaults in repayment, and the predecessor lender's <br /> exercise of its contractual right to remove and replace the directors of the <br /> Debtors. Part VI describes the events and circumstances leading to the filing of <br /> the Debtors' Chapter 11 petitions. Part VII sets forth the relevant facts in <br /> support of the various "first day" motions and applications filed concurrently <br /> herewith. <br /> I. <br /> BACKGROUND AND QUALIFICATIONS <br /> 5. I received a Bachelor's Degree in Economics from the <br /> University of Utah and a Master Degree in Business Administration from the <br /> University of California at Los Angeles (UCLA). I am now an inactive <br /> Certified Public Accountant. <br /> 6. Prior to my retirement as an accountant in June 2007, I was a <br /> Managing Partner with Ernst & Young LLP, an international firm of accountants <br /> and consultants, for over 21 years. My practice focused on public companies, <br /> venture capital, private equity firms, and multi-national firms, including several <br /> S&P 500 companies. The clients of the offices I managed were principally in <br /> California and the Western United States. <br /> 2303895c.docx 3 <br />