Directors

George Cummings
Chairman of the Board, President and Chief Executive Officer
Red Oak Software

As Chairman of the Board, President and Chief Executive Officer, Mr. Cummings has led Red Oak to consistent profitability, in the midst of a challenging macro environment. His successful stewardship is the result of more than two decades of experience in senior sales management and general management, including new market development, in the information technology industry.

Hadar Pedhazar
Founder and Principal
Opticality Ventures

Mr. Pedhazar, founder of Opticality Ventures and prior to that, the founder of Verticality Investment Group, is a venture capitalist focused on investments in private technology companies. He focuses on companies involved in the Internet, finance, e-commerce and business-to-business, and on software companies that concentrate on programming tools, development environments, distributed object systems and programming languages.

Before embarking on Verticality Investment Group, Mr. Pedhazar had an 18-year career encompassing all aspects of technology. From 1991 through 1998 he served as Managing Director and Head of Technology for the Global Equity Derivatives group of the Union Bank of Switzerland (UBS), and on a variety of management committees, where he helped shape the technology direction and platforms for the bank at large.

Prior to UBS, Pedhazar spent eight years at Credit Suisse First Boston where he held numerous positions, culminating with Chief Technology Officer of CSFB (Asia) Pacific. His tenure at CSFB followed experiences with Coopers and Lybrand and with Peat, Marwick, Mitchell and Company.

He was educated at New York University, where he received a degree in psychology and mathematics.

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