Mark Fisher is the President of MBF Capital Corporation, Inc. He
founder of Vela Pharmaceuticals, Inc., ExSAR Corporation, and
Kimeragen, Inc., which merged into Valigen, Inc. Prior to the formation of
MBF, Mr. Fisher was a Principal of Alex Brown where he was employed from
1990-1996. Mr. Fisher served as a Senior-Vice President/Investments at
Lehman Brothers where he was employed from 1983-1990. From 1981-1983 Mr.
Fisher was a vice-president of Merrill Lynch Futures. Mr. Fisher serves on
the Board of Directors of Vela Pharmaceuticals, Inc., and is Chairman of
the Board of ExSar Corporation.