ABOUT ITL ------------------------------------------ Who We Are       Board of Directors     History of ITL     Dedication to our Customers       ITL is a medical imaging and information management company in the healthcare IT market. The company has developed a single database, Radiology Information System/Picture Archive and Communication System, known as RIS/PACS, for use in the management of patient information and medical images by hospitals and diagnostic imaging centers.   ITL's WarpSpeed RIS/PACS system is a single database HIPAA compliant business solution for the practice of radiology. Through its unique architecture, the company has combined a picture archiving and communications system (PACS) and radiology information system (RIS) into a single product that encompasses all facets of the business of radiology. The solution has unlimited scalability. At the heart of the system is the workflow manager that assigns and routes units of work across the enterprise. The workflow manager has the ability to link hospitals and multiple freestanding centers that have a business relationship to form one large cooperative radiology practice.   Our Mission: To provide state-of-the-art imaging technology to our diagnostic partners, thereby managing a fluid data exchange and improving patient care To maintain an industry-high product up-time and similarly comprehensive disaster recovery program, ensuring a seamless medical management process [   top of page  ]     Who We Are: ------------------------------------------   Mr. Lewis Edwards, Chairman, Vice President of Research and Development, Chief Technology Officer              Mr. Edwards is a founder and principal stockholder of Image Technology Laboratories, Inc. and a co-developer of WarpSpeed. He was appointed to the Board of Directors and elected by the Board to serve as the company's Vice President of Research and Development and Chief Technology Officer in December 1997.  Mr. Edwards was promoted to Executive Vice President of Research and Development and Chairman of the Board of Directors in December 2004.  He has served as a Senior Technical Staff Member at IBM since 1993, having joined IBM as a junior engineer in 1976.   Mr. Edwards was an architect and lead software designer for IBM's RS/6000 SP, a massive parallel processor. From 1982 to 1993, he served as the head of engineering for Graphic Systems Labs, a CAD/CAM Independent Business Unit start-up company within IBM. He is a member of the IEEE and ACM professional societies.  He has provided computer and network consulting services to Boeing, General Motors, Chrysler, Ford and the Federal government's FAA and ATC teams. Mr. Edwards holds a Bachelor of Science in Electrical Engineering magna cum laude from Princeton University and a Master of Science in Computer Engineering from Syracuse University.       Mr. Gregory Laib, Chief Software Architect Mr. Laib joined ITL in 2003.  Previously, he was employed by IBM in various positions and departments for over 20 years, from 1981 to 2003.  Mr. Laib started at IBM in the IBM Intelligent Workstation Group where he focused on control program and kernel design and implementation.  In 1981, he moved to the IBM Graphics Systems Department where he remained until 1993.  While in this department, Mr. Laib designed and developed high performance graphics systems and supporting software for use in mainframe and workstations.    He was promoted to the position of Senior Technical Staff Member in 1990, and moved to the IBM Thinkpad Development Group where he provided technical assistance and advice to the Vice President of Development.  Mr. Laib joined the IBM Power Parallel Systems Group in 1994, where he designed software for parallel computing and infrastructure (RSCT).  He was also responsible for leading a large group of developers, defining architecture and strategy for various products, and producing large amounts of quality software.  Mr. Laib graduated from Purdue University with both a BS and an MS in Mechanical Engineering, specializing in computed aided design and computer graphics.                    Ms. Dara Edwards, Director of Finance and Marketing As Director of Finance and Marketing, Ms. Edwards is charged with all facets of fiscal and business development, including general financial oversight, overall strategy, new market identification and penetration, and continued management and growth within the existing client base.  Image Technology Laboratories, Inc. plans to leverage Ms. Edwards years of experience in the areas of financial management and business development strategy.  Prior to joining Image Technology Laboratories, Inc., Ms. Edwards was an Assistant Vice President with Bank of America where she worked as a GMIS Finance Global Controller in Derivatives Operations.    Prior to this most recent role at Bank of America, Ms. Edwards worked within the firm as both an Equity and Fixed Income Analyst for the Institutional Advisory Division, a sales group targeted at middle market institutional clients.  Ms. Edwards earned her MBA from the Lally School of Management and Technology at Rensselaer Polytechnic Institute in 2006 with a concentration in Finance, and her BA from Princeton University in 2003.  During the summers, Ms. Edwards interned at Image Technology Laboratories, Inc., as well as Kingston Hospital in the Radiology Department.   Ms. Darlene Neal, Accounting Ms. Neal has primary responsibility as well as oversight for general accounting and bookkeeping functions at ITL.  She has an extensive accounting background, and has worked with several other companies in a similar capacity.  [   top of page  ]     Board of Directors: ------------------------------------------   Richard V. Norell Mr. Norell was appointed to our Board of Directors in April 2002.  Since 1995 he has served as a consultant in securities law compliance matters, after being employed 26 years with the U.S. Securities and Exchange Commission, Washington, D.C. in the Division of Enforcement, from 1972 to 1995.  Mr. Norell acted as the Division's Chief of Market Surveillance overseeing the Division's investigators and financial analysts.  In addition to implementing programs for detecting securities fraud and improper conduct, Mr. Norell advised the Director of the Division concerning policy issues and emerging problems in the securities industry.  Mr. Norell graduated American University, Washington, D.C. with an MBA in Investment Analysis, University of Rochester, Rochester, N.Y. Bachelor of Arts, in Economics. Mr. Norell currently resides in Great Falls, VA.   Robert G. Carpenter Mr. Carpenter was appointed to our Board of Directors in April 2002.  Mr. Carpenter brings extensive business experience from a career spanning over 30 years in a succession of executive management positions overseeing technology, engineering, marketing and business development at Bell Research Labs in NJ, IBM Yorktown Heights Research Center, and IBM Development Labs in Kingston and Poughkeepsie, NY.  Retired from IBM in 1991, Mr. Carpenter currently serves as Chief Engineering Liaison on a $6.7 million water facilities project in the County of Ulster, NY.  Mr. Carpenter resides in Saugerties, NY.   John J. Naccarato Mr. Naccarato was appointed to our Board of Directors in April 2002.  He served for 26 years as District Representative to the late United States Congressman Hamilton Fish, Jr., with oversight responsibility for three District offices, under the direct supervision of Congressman Fish. From 1988 to the present, Mr. Naccarato has held the office of Ulster County Legislator, serving on Mental Health and Ways and Means committees, and chairing the Criminal Justice / Public Safety Committee.  A former President of the Central Businessmen's Association, Mr. Naccarato serves on the Ulster County Community Action Board, United Way Board, City of Kingston Board of Assessment, and the board of the Catskill Regional OTB Corporation.  Mr. Naccarato currently resides in Kingston, NY.   Valerie E. McDowell Ms. McDowell was appointed to the Board of Directors on October 2007 and is a principal stockholder of Image Technology Laboratories, Inc. (ITL). Most recently, Valerie has advised and assisted ITL with additional financing along with providing guidance in the area of financial matters. Ms. McDowell brings over 33 years of experience in all facets of the financial markets to ITL. McDowell was instrumental in structuring the Initial Public Offering for ITL through her expertise and extensive financial contacts. Valerie has been a head/senior trader on several trading desks, and was a Managing Director and partner with the Broker/Dealer, William Allen & Co. Ms. McDowell is an expert witness for Technical Advisory Service for Attorneys (TASA) in the area of short selling on Wall Street. Currently, Valerie resides in Mantoloking, NJ.   Brady E. Crosswell Mr. Crosswell serves as the Founder and Co-Portfolio Manager for The CrossCap Fund of Houston, Texas.  Prior to founding CrossCap Management, Inc. in 2000, Mr. Crosswell served three years as a portfolio manager at Pin Oak Investment Advisors.  From 1992 to 1997, he worked as an analyst at the The Robert C. Wilson Company.  From 1991-1992, he worked as an analyst at American General Investment Corporation.  Mr. Crosswell received a BA in Economics from the University of Texas at Austin in 1991, and is a registered investment advisor.    [   top of page  ]     History of ITL: ------------------------------------------ In 1995, Dr. David Ryon envisioned the conceptual framework of Image Technology Laboratories picture archiving and communications system aimed at electronically integrating the diagnostic images, modalities, and business functions into one seamless system.  When it was discovered that commercial vendors did not offer the products that could provide a single, comprehensive solution, Dr. Ryon joined forces with Mr. Lewis M. Edwards to lead the engineering of a fully-integrated RIS/RIS product.  With over 20 years experience at IBM as a senior software design engineer and image management / network expert, Mr. Edwards was the ideal partner to translate the project into reality.                  The RIS/PACS system was successfully implemented at Kingston Diagnostic Center, the imaging center founded by Dr. Ryon in Kingston, New York.  ITL quickly realized that there was a growing demand for a PACS system that would automate the imaging center while improving the radiologists productivity.  Dr. Ryon and Mr. Edwards designed a system that would not only meet and exceed this need, but revolutionize the digital imaging sector and enormously improve patient care. Out of this effort, Image Technology Laboratories, Inc. was born.  In 2002, ITL launched its product rollout and continues to generate significant interest from the medical community.                   [   top of page  ]   Dedication to Our Customers: ------------------------------------------ St. Anthony's Community Hospital, Warwick, New York We chose ITL because we needed a dedicated, experienced technology partner that would help us meet the demands of our growing patient population, said Leah Cerkvenik, Executive Vice President / Administrator for the hospital.  This cutting-edge technology will improve patient care because it will allow physicians and radiologists, anywhere within the hospital network, to access within seconds high resolution digital images such as X-ray, MRIs, and CT scans.   Orthopedic Associates, Binghamton, New York Orthopedic Associates is pleased to partner with ITL to bring together traditional radiology services and advanced imaging technology to facilitate communications among providers to help better serve our patients, said practice manager Carolyn Schuster.     [   top of page  ]