Ativo Capital Management

Ativo Capital consists of the following individuals:

Ricardo Bekin	Chief Investment Officer
James Stuart	Chief Operating Officer
Michael S. Brooks	Director of Client Relations
Adan Galvan	Client Services Representative

At the core of the Ativo investment strategy lies the research of Ativo Research LLC. The employees of Ativo Research work with Mr. Bekin to maintain and improve upon the valuation methodologies that are essential to our investment management process.

Ram Gopal Gandikota	Senior Financial Analyst
Paresh Jain	Financial Analyst
Kiat Tang	Securities Research Programmer

For more information on Ativo Research, please visit http://www.ativoresearch.com..