William M. Mooney, Jr.

William M. Mooney, Jr. has been a member of our board of directors since April 2003 and our Chairman since April 1, 2014. Mr. Mooney is currently CEO of The Westchester County Association. Mr. Mooney has been involved in the banking sector in an executive capacity for more than 30 years. Prior to joining Independence Community Bank, he served for four years as an Executive Vice President and member of the management committee of Union State Bank, responsible for retail banking, branch banking and all marketing activity. Mr. Mooney also spent 23 years at Chemical Bank and, following its merger with Chase Manhattan Bank, he was a Senior Vice President with responsibilities including oversight of all retail businesses. He also held the position of Chairman for the Westchester County Association, past Chairman of the United Way Westchester and Chairman of St. Thomas Aquinas College. He has served on the board of trustees for New York Medical College, St. Agnes Hospital, the Board of Dominican Sisters and the Hispanic Chamber of Commerce. Mr. Mooney received a B.A. degree in business administration from Manhattan College. He also attended the Harvard Management Program and the Darden Graduate School at the University of Virginia. Mr. Mooney's background in banking and finance qualifies him to be a director.

Bruce E. Bellmare

Bruce E. Bellmare has been our Chief Executive Officer, acting Financial Officer, and Director since May 2016. Mr. Bellmare is a seasoned senior executive experienced in the successful development and marketing of technology products, as well as serving in previous financial management roles including Chief Financial Officer. Prior to assuming the CEO position, Mr. Bellmare served as Chief Operation Officer and an independent consultant to Debt Resolve helping develop the current financial and corporate strategies. Prior to this, during a 40 year career in technology and finance, he has managed profitable and disruptive change in large and small companies, from IBM to one of the first U.S. digital start-ups. Mr. Bellmare's background in executive management, finance, and technology, qualifies him to be a director.

James G. Brakke

James G. Brakke has been a member of our board of directors since October 2009. Mr. Brakke was our chairman and Chief Executive Officer from April 2010 through June 2012 and remained as Chairman through March 31, 2014. Mr. Brakke is a Vice Chairman of the Ronald Reagan Presidential Foundation Advisory Council, Director at First Foundation Bank, First Foundation Advisors, Mission Hospital Foundation and Maury Microwave Corp. and Chairman of Life Vessel and Advanced Wellness. Mr. Brakke was Founder and President until 2009 of Brakke-Schafnitz Insurance Brokers, a multi-line commercial brokerage and consulting firm he co-founded in 1971 managing in excess of $250 million of insurance premiums with both domestic and international insurers. He is a former member of the board of advisors for Pepperdine University's Graziadio School of Business, Orange County Sheriffs and the Orange County YMCA and he has served as director on the boards of Denticare, Pacific National Bank, Commercial Capital Bank, The Busch Firm, National Health Care Services and E-Funds. Mr. Brakke is a graduate of Colorado State University with a B.S. degree in Business and Finance. Mr. Brakke's background in insurance and corporate governance qualifies him to be a director.

Raymond A. Conta

Raymond A. Conta has been a member of our board of directors since 2014. Mr. Conta is an entrepreneur in Westchester County, NY. He owns Advanced Billing Services, Inc., a business that he started in 1999. He also owns other affiliated businesses. Mr. Conta serves on the board of The Children's Hospital Research Foundation located in Westchester County. Mr. Conta has a B.A. degree from Hamilton College in 1992 and a J.D. from Pace University in 1995. Mr. Conta's experience in the debt buying and debt collection industries qualifies him to be a director.

Stanley E. Freimuth

Stanley Freimuth retired in May 2016, after serving as our Chief Executive Officer since March 2014. Mr. Freimuth has a long and successful track record of growing and transforming both B2B and B2C companies. Mr. Freimuth was Chairman, President and CEO of Presstek, Inc., a publically traded digital printing equipment manufacturer, bringing the company back to financial stability and negotiating its sale to a private equity buyer. Before Presstek, Mr. Freimuth was Chairman and Executive Director of Tracer Imaging, a specialty B2B and B2C lenticular and 3D printing company where he helped launch an innovative consumer-facing product. Until 2007, Mr. Freimuth was the senior U.S. executive at Fujifilm USA, Inc., which he led to record revenues through a period of major technological transition in most of its core businesses. Mr. Freimuth's background in executive management qualifies him to be a director.

Sean Q. Lucero

On August 31, 2015, the Company announced that Sean Q. Lucero has joined the Board of Directors effective August 25, 2015. Mr. Lucero is a partner in LSH, LLC, and a partner in the Company's majority owned joint venture, Progress Advocates LLC. In connection with joining the Board, Mr. Lucero was granted 250,000 seven-year options with a closing price as of the end of trading on August 20, 2015, the effective date. Mr. Lucero joins the current Board members William Mooney Jr., James Brakke, Raymond A. Conta, Stanley E. Freimuth, and Gary T. Martin. At a young age, Mr. Lucero bought his first McDonalds franchise and has since expanded this business to include nine McDonalds' franchises in Southern California. In addition, Mr. Lucero is an active investor and partner in several startups. The Company will greatly benefit from his keen entrepreneurial insight as it executes its new business strategy, as described in our recent public filings.

Gary T. Martin

Gary T. Martin has been a member of our board of directors since June 2012. Mr. Martin has been the Chief Executive Officer of Encore Supply Strategies since 2010. Encore provides consulting services to customers of Procter & Gamble who license Procter & Gamble's proprietary supply chain intellectual property. Mr. Martin is also President of Adventure Leisure Properties Ltd., a Florida-based company operating a recreational investment property in New Zealand since 2002. Mr. Martin is also President of a small startup company, LYNX Technology Limited, located in Ontario, Canada, which has been developing proprietary exploratory mining equipment since 2010. Previously, Mr. Martin was an executive with Procter & Gamble for 33 years. Mr. Martin was President of Procter & Gamble's worldwide family care business from 1999 until his retirement in 2001. Previously, from 1991 to 1999, he was a Senior Vice President of the company's supply system with responsibility for worldwide purchasing, engineering, manufacturing and customer service/distribution. In this capacity, Mr. Martin was responsible for managing the company's capital spending, the production of all its products and 65,000 employees. Additionally, for a time, he was also the Chief Information Officer of the company. Mr. Martin's executive experience qualifies him to be a director.