Will Hullinger

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Mr. Will Hullinger is a Chief Operating Officer at DeRoy & Devereaux Private Investment Counsel, Inc. Mr. Hullinger was previously employed as an Analyst at UHY Advisors, Inc. and Network Administrator at Arelon International Ltd. Mr. Hullinger received his undergraduate degree from Anderson University in 2002.

Former positions of Will Hullinger

Companies	Position	End
UHY Advisors, Inc. UHY Advisors, Inc. Miscellaneous Commercial ServicesCommercial Services Provides auditing, tax and consulting services	Corporate Officer/Principal	2006-11-30
Arelon International Ltd. Arelon International Ltd. Packaged SoftwareTechnology Services Provides advanced business solutions in the areas of collaborative commerce and knowledge management	Corporate Officer/Principal	2003-01-31
DeRoy & Devereaux Private Investment Counsel, Inc. DeRoy & Devereaux Private Investment Counsel, Inc. Investment ManagersFinance D&D actively manages diversified portfolios of publicly traded equities and debt securities for investors whose objectives are long-term capital appreciation and income growth. The firm employs a value approach to equity and bond investing. It invests in equities across all market cap sizes and in bonds of all investment quality grades, depending on a client’s goals and investment profile. D&D uses fundamental analysis to assess the intrinsic value of a security by examining relevant economic, financial, and other qualitative and quantitative factors that can impact the value of a security. They utilize several valuation methods for comparisons of peer companies to determine whether it believes a security is undervalued.	Chief Operating Officer	-

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Private companies	4
DeRoy & Devereaux Private Investment Counsel, Inc. DeRoy & Devereaux Private Investment Counsel, Inc. Investment ManagersFinance D&D actively manages diversified portfolios of publicly traded equities and debt securities for investors whose objectives are long-term capital appreciation and income growth. The firm employs a value approach to equity and bond investing. It invests in equities across all market cap sizes and in bonds of all investment quality grades, depending on a client’s goals and investment profile. D&D uses fundamental analysis to assess the intrinsic value of a security by examining relevant economic, financial, and other qualitative and quantitative factors that can impact the value of a security. They utilize several valuation methods for comparisons of peer companies to determine whether it believes a security is undervalued.	Finance
Arelon International Ltd. Arelon International Ltd. Packaged SoftwareTechnology Services Provides advanced business solutions in the areas of collaborative commerce and knowledge management	Technology Services
Anderson University Anderson University Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
UHY Advisors, Inc. UHY Advisors, Inc. Miscellaneous Commercial ServicesCommercial Services Provides auditing, tax and consulting services	Commercial Services