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AUTHOR BIOGRAPHIES

Dr. Rama Rao is the President and CEO of RR Capital Management (RRCM), an investment management company that he founded in 1997. Dr. Rao is of the belief that for preserving and growing wealth, there is no better way than investing, and to create wealth, there is no better way than being an entrepreneur. Before founding RRCM, Dr. Rao was Chairman and CEO of Excel Technology, Inc., a highly profitable and successful technology based company that he started in his garage like many other high tech US companies. From 1991 to 1996, Excel grew from one employee to 300 employees, from 1,000 sq. ft of space to 100,000 sq. ft., from one location in Long Island to five locations with a worldwide presence, and from less than $100,000 in annual revenue to more than $50 million. The Company was honored by INC. magazine as one of the top 10 fastest growing small companies in U.S. both in 1994 and 1995. Prior to founding this company, he worked in various capacities at Weck Surgical Systems, Unitron Instruments and Biotronics Associates. Dr. Rao received his Master of Science and Ph.D. degrees in Physics from the University of Illinois at Chicago (UICC). He also earned a Bachelor of Science degree with Honors from St. Xavier’s College of Ranchi University in India.

Mr. Jerry J. Szilagyi

Mr. Szilagyi is a member of KPMG Peat Marwick LLP’s Investment Management Services consulting practice. He has extensive experience advising on business strategy and mergers and acquisitions, analyzing financial performance and developing profit improvement strategies for asset management and other financial services institutions. Before joining KPMG, Mr. Szilagyi was a senior manager in the Financial Services Consulting practice at Price Waterhouse. Prior to that, he was a Director of Business Planning and Financial Analysis at American Express, an internal consultant at National Westminster Bank, USA and a registered representative for First Investor Corporation. Mr. Szilagyi received a Master of Business Administration degree in Finance from New York University. He earned a Bachelor of Science degree in Industrial and Management Engineering from Rensselaer Polytechnic Institute. Mr. Szilagyi is a member of the Association for Investment Management and Research and the New York Society of Securities Analysts. He is also a regular speaker and author on topics related to merger and acquisitions in the investment management industry and performance improvement in financial institutions.