Board of Directors

Anthony Traub – Chairman

Mr. Traub has been Secretary and a director of the Company since July 14, 2005. He is the founder, Chairman and Chief Executive Officer of I.C.T.C. Holdings Corporation. Prior thereto, he was a Director and the Founding Partner of a fund manager with $3.5 billion under management, primarily in the income trust sector trading on the TSX. Mr. Traub is a Chartered Accountant and prior to 1979 was involved in public practice.

Steve Balmer – Director

Mr. Balmer has been President and a director of the Company since July 14, 2005. Mr. Balmer is also President and Chief Operating Officer of I.C.T.C. Holdings Corporation, which operates its business under the banner name of the HERO Products Group, a 40 year old Vancouver-based producer and distributor of equipment for the paint and retail markets of the coatings industry. Mr. Balmer formerly held the position of President and Director of an international company selling equipment and chemicals to the global coatings industry. Prior thereto, Mr. Balmer held the position of Executive Vice President of the HERO Industries ("HERO Industries") division of Middlefield Bancorp Limited, a Toronto-based merchant bank trading on the TSX, for 12 years.

Marc Mercier – Director

Mr. Mercier was appointed as a director of the Company on July 14, 2005. He is a Partner in the Financial Services Group at the law firm of Cassels Brock & Blackwell LLP in Toronto, Ontario and has practiced law with Cassels Brock since June 2003. Prior to joining Cassels Brock in 2003, Mr. Mercier was a Partner with the law firm of Fraser Milner Casgrain LLP, where he had been since May 1991. Mr. Mercier’s practice has a particular emphasis on treasury management and financial derivatives-related matters, secured, unsecured and merger and acquisition financing, including infrastructure, public sector and healthcare financing, and reorganizational workouts and restructurings. He also handles extensive financing work in the subordinated/convertible debt, venture capital and private equity areas. Mr. Mercier acts as lead counsel for a number of U.S., European and Canadian-based public clients that have been involved in mergers, corporate reorganizations, cross-border financings and corporate governance matters.