Proposed Executive Officers and Directors After the Acquisition
Name Age Position
---- --- --------
Dwight L. Pierce 54 President, Chief Executive Officer and
Director
David C. Annin 33 Vice President, Secretary and Director
Gilbert F. Amelio 57 Director and Chairman of the Board
Bob L. McGiboney 58 Director
Paul A. Nussbaum 56 Director and Vice Chairman of the Board
Mr. Dwight L. Pierce became President, CEO and a Director of the company in April 1999. Prior to his association with
Sterling Mr. Pierce served as President of Remington University, a six campus technical college institution from 1993 thru
1998. He is currently a Principal, since 1996 in SunLase, Inc., a company that secures high-tech patents and brings them to
the marketplace. The company currently owns the rights to a patented laser-based de-icing product for aircraft and a
patented long-range rapid-recharging battery for electric vehicles. Mr. Pierce's background includes industrial
distribution, manufacturing, health care, educational and technical training organizations, and emerging
technologies. Mr. Pierce holds the Juris Doctors Degree from the University of Arkansas at Little Rock. Mr. David C. Annin
became Vice President, Secretary and a Director of the company in April 1999. Prior to his association with Sterling
Mr. Annin was involved, at the executive level, in the development of a large master planned residential community in
Southern California as well as several other medium sized real estate development projects throughout California and
Texas. From 1989 to 1998 he was the principal of a mid-sized sales and distribution organization based in Los Angeles,
California. He has a background in strategic planning, operations and business administration. Dr. Gilbert F. Amelio became
a Director of the company in October of 1999. Dr. Amelio served as chairman and CEO of Apple Computer from February 1996 to
July 1997. Prior to that, he was chairman, president and CEO of National Semiconductor, and before that, president of
Rockwell Communications Systems. Dr. Amelio began his career with Bell Laboratories in 1968. Since then he has accumulated
over 30 years of high technology experience and has managed businesses in semiconductors, telecommunications and
computers. He holds 16 patents alone or jointly. Dr. Amelio is an IEEE Fellow. He served as a director of the Semiconductor
Industry Association and as its chairman for two years. He also served on the board of governors of the Electronics
Industries Association and as a member of the executive committee of the Business and Higher Education Forum. Dr. Amelio is
a director of SBC, Inc. and a director of 6 other private company boards. He is a principal in a private venture capital
fund. Dr. Amelio earned bachelors, masters and doctorate degrees in Physics from the Georgia Institute of
Technology. Mr. Bob L. McGiboney became a Director of the company in June of 2000 and has been a member of the Advisory
Board of Directors since August of 1999. Mr. McGiboney has been President and CEO of Lucre Funding Group, Inc. since 1991, a
private investment banking firm. He has also served as Managing Director of Capital Markets for First London Securities and
Managing Director of Corporate Finance for MG Securities Corporation. In 1971 Mr. McGiboney began with Prudential Bache
Securities as an Account Executive, served as Senior Vice President from 1977, and was appointed to serve on the Chairman's
Council. He was consistently a top producer and managed client portfolios exceeding $100 million. From 1968 to 1971 he
served as Quality Control Manager at Texas Instruments in Dallas, Texas. He has worked as a laboratory engineer and manager
specializing in Laser and Fiber Optic Research and Standards, and Environmental Testing with two large aerospace and defense
contractors. Mr. McGiboney has a Bachelors of Science degree in Physics and a degree in Systems Management at Florida
Institute of Technology. Mr. Paul A. Nussbaum has been a private investor and chairman Emeritus for Wyndham International,
Inc., (NYSE: WYN), successor by merger to Patriot American Hospitality, Inc. From 1991-1999 he has served as the Founder,
Chairman and Chief Executive Officer of Patriot American Hospitality, Inc., a paired share real estate investment trust (and
its predecessor Patriot American Group) which owned the Wyndham, Grand Bay, Malmaison, Summerfield and Clubhouse Inn
proprietary brands. Mr. Nussbaum took the company from owning one hotel in 1992 to the fourth largest U.S. hospitality
company with approximately $7 billion in total capitalization and more than 100,000 hotel and resort rooms. Additionally,
from 1991 to 1994, the group acquired over $900 million of property for its own account or on behalf of institutional
investors it counseled. Its office portfolios totaling 9 million square feet were successfully sold to two publicly traded
real estate investment trusts. From 1979 to 1991, Mr. Nussbaum served as Chairman of the real estate practice group of
Shuite Roth and Zabel, a law firm with offices in New York, New York and Palm Beach, Florida. From 1971 to 1979, he was an
associate and later a partner for Dreyer and Traub law firm in New York City. Mr. Nussbaum has a B.A. from the State
University of New York at Buffalo and a J.D. from Georgetown University Law Center. His numerous current major civic and
philanthropic activities including Trustee of Colby College in Waterville, Maine and Zale Lipshy University Hospital in
Dallas, Texas; Board of Visitors for the Georgetown University Law Center, Board of Advisors for Wharton Real Estate Center
of the University of Pennsylvania, Governor of the Dallas Symphony Orchestra, Life Fellow American Bar Association, Member
of Urban Land Institute, American College of Real Estate Lawyers and the Dallas Citizens Council; Pacesetter for the
UJA/Federation of Jewish Philanthropies. Through out his successful years, he has managed to earn many awards and honorary
degrees such as: recipient of the Humanitarian Award by the National Jewish Hospital and recipient of the Ellis Island Medal
of Honor in 1997. Mr. Nussbaum has received and Honorary M.A. from Colby College and an Honorary Ph.D. from Johnson and
Wales University. Additionally, Mr. Nussbaum has been a guest speaker, member and director of numerous other organizations
over the course of his career
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