Chairman

* Steve Vivian

Prism Capital

Chicago, IL 

Chairman-Elect

* Hollis A. Huels

Capital For Business, Inc.

St. Louis, MO 

Vice Chairman

* Michael McQueeney

Summer Street Capital Partners, LLC

Buffalo, NY 

Secretary

* Thomas A. Hiatt

Centerfield Capital Partners, L.P.

Indianapolis, IN   

Treasurer

* Robert M. Stewart

Spring Capital Partners

Baltimore, MD   

President

Lee W. Mercer

NASBIC

Washington, DC

BOARD OF GOVERNORS

The Officers and:

Robert Anders

Plexus Capital, LLC

Charlotte, NC

Nathan W. Bell

Pacific Mezzanine Fund, L.P.

Orinda, CA

Michael Blackburn

Petra Capital Partners

Nashville, TN

* David Buttolph

Brookside Capital Partners

Greenwich, CT

Lynn Carpenter

ACP-I, L.P.

Cleveland, OH

Robert N. Cowin

Audubon Capital SBIC, L.P.

Covington, LA

Clare Fairfield

Concerto Venture Partners

Iowa City, IA

Ned N. Fleming, III

SunTx Capital Partners, L.P.

Dallas, TX

* Kirk Griswold

Argosy Investment Partners

Wayne, PA

Allen F. (Pete) Grum, Jr.

Rand Capital Corporation

Buffalo, NY

* Stephen V. King

Prairie Capital

Chicago, IL

Thies O. Kolln

AAVIN Venture Capital

Cedar Rapids, IA

John Mason

Convergent Capital LLC

Minneapolis, MN

Charles McCusker

Patriot Capital, L.P.

Baltimore, MD

Joseph McInerney

Cardinal Growth Corp.

Chicago, IL

L. Ray Moncrief

Mountain Ventures, Inc.

London, KY

John Morris

GKM Venture Partners

Los Angeles, CA

Marshall D. Parker

Kansas Venture Capital, Inc.

Leawood, KS

Jeffrey Peterson

Capital Southwest Venture Corporation

Dallas, TX

Marc A. Reich

Ironwood Capital Advisors

Avon, CT

Michael Revord

Aldine Capital Partners

Chicago, IL

Lloyd Sams

BIA Digital Partners

Chantilly, VA

Molly Simmons

Gemini Investors

Minneapolis, MN

John D. (J.D.) White

Founders Equity SBIC I, L.P.

New York, NY

*Executive Committee