SMAART - Key Persons

Job Titles:

• Chief Financial Officer
• Member of the SMAART Management Team

David Donahue has over 25 years of experience in manufacturing, software, telecommunications and retail industries. Prior to joining SMAART, Mr. Donahue served as CFO and shareholder for Budget Prepay. During his tenure he developed and managed the operating budgets, financial models, year-end audits, tax reporting, and compliance issues for Budget Prepay. David represents and testifies for Budget Prepay on all ETC (Eligible Telecommunications Carrier) state and federal applications. VCFO, a regional consulting firm where he used his wealth of knowledge and expertise in accounting, finance, operations, audit, human resource management and software implementations for companies such as: Holly Corporation, Capps Car Rentals, HealthVision, Viscern, Skywire Software and more. Prior to joining VCFO, Mr. Donahue served as the CFO for Axtive Corporation, a publicity-traded integrated technology solution provider for middle market companies. Prior to Axtive Corporation, Mr. Donahue served as Controller of Philips Speech Processing North and South America, a division of Philips Electronics, a provider of speech technology for telecom applications. Mr. Donahue received his BS in Accounting from Louisiana Tech University and received his CPA in 1990.

Job Titles:

• Chief Technical Officer
• Member of the SMAART Management Team

John M. Turner brings more than 12 years' experience in network operations and software development ranging from small start-ups to large public companies. Mr. Turner received his degrees in Computer Science Engineering and Mathematics from the University of Texas at Arlington. Prior to SMAART, Mr. Turner founded Abound Software, a software development company providing software solutions to government bodies like The United States Marine Corps, United States Justice Department as well as software solutions to other countries.

Job Titles:

• Chief Executive Officer
• Member of the SMAART Management Team
• President

Peter J. Foster has over 35 years' experience successfully managing companies in technology markets. His extensive general management experience involves both large and small companies and all phases of startup and high growth businesses. He has managed companies through acquisitions, mergers, sales, strategic alliances, private equity financings and IPOs. Mr. Foster has a technical background with an engineering degree from Stevens Institute of Technology and holds 17 patents in technology applications. He has spoken at numerous technical conferences and written a book on speech recognition technology.