Joseph J.

Rita Professional Experience: Telesto Group, LLC Princeton, NJ 2008-2010

Finance Director. Responsible for all business, finance and accounting functions for a firm provi ding ERP Consulting Services to major Department of Defense Agencies, under mult i-million dollar long-term contracts through the General Services Administration (GSA) Federal Supply Schedule Programs, in Particular MOBIS and IT Group 70 Sch edules. Specific areas of responsibility include Finance and Accounting (Deltek Government Financial Accounting System including Payroll Processing Module), Hu man Resources, Federal Government Proposal and Contracting and Subcontracting Ac tivities, Government Audits, Risk Management (Business and Special Purpose Insur ance Programs), Banking and Treasury Functions, Budget Planning and Analysis, C orporate Policy Formulation and General Services Administration - Administrative Contracting Officer (ACO) - Defense Contract Audit Agency (DCAA) Corporate Liai son Officer. Reports directly to the Managing Partner. Digital Systems Group, Inc. Warminster, PA 1999-2008 Corporate Controller. Responsible for all business, finance and accounting functions for a firm provi ding complex, large-scale Financial Accounting Software Systems to major Departm ent of Defense and Civilian Federal Government Agencies, under multi-million dol lar long-term contracts through the General Services Administration (GSA) Federa l Supply Schedule Programs. Specific areas of responsibility include Finance an d Accounting (Deltek Government Financial Accounting System including Payroll Pr ocessing Module), Human Resources, Federal Government Proposal and Contracting a nd Subcontracting Activities, Government Audits, Risk Management (Business and S pecial Purpose Insurance Programs), Banking and Treasury Functions, Budget Plan ning and Analysis, Corporate Policy Formulation and General Services Administrat ion - Office of the Inspector General (OIG) - Administrative Contracting Officer (ACO) - Defense Contract Audit Agency (DCAA) Corporate Liaison Officer. Reports directly to the Chief Financial Officer.

Joseph J. Rita Page 2

American Competitiveness Institute Philadelphia, PA 995-1999

Director of Finance and Contracts. First employee hired by the founder to establish all business, finance and acco unting operations for a start-up not-for-profit entity, which provides research and development services under Grants and Cooperative Agreements with the Federa l Government. Responsible for the establishment of all business processes and F ederal Government Reporting Systems including required state business and tax re

gistrations and filings; installation of Deltek Government Financial Accounting System including Payroll Processing Module, Human Resource Benefit and Manageme nt Programs, Corporate Risk Management Programs (Business and Special Purpose In surance Programs), Banking Relationship and Lines of Credit, New Business Market ing Programs including Federal Government Solicitation Response Systems, Budget and Planning Systems, Facility Leasing, ACO and DCAA Corporate Liaison Officer, Development of Corporate Subcontract and Consulting Agreements and Establishment of Formal Business Policies and Practices. Continued role as companys Senior F inancial Officer supporting all aspects of business operations. Reports directly to the President and Chief Executive Officer.

RMS Technologies, Inc - Marlton, N. J. 1979-1995 Corporate Vice President of Finance. 1987-1995 Coordination of all financial activities of this Computer and Engineering Servi ces Company with revenues in excess of $100 million primarily through contracts with the Federal Government. Specific areas include Cash Management, Banking, Investments, Finance and Accou nting, Corporate Tax Planning and Filings, External Audit Interface (Government and Private), Consolidated Budgets and Forecasts, MIS Development, Real Estate C onstruction, Acquisition, and Disposal, Leasing, DCAA Financial Reporting, Finan cial Policy Development and Administrative Contracting Officer Liaison. Reports directly to the President and Chief Executive Officer.

Joseph J. Rita Page 3

Corporate Controller. 1984-1987 Provided the coordination of all Corporate financial activities for this parent company and subsidiaries. Specific areas include Financial Statement Preparation, Coordination and Consol idation of Budgets, SBA 8(a) and DCAA Financial Disclosure and Cost Reporting, G overnment Proposal Pricing Support, Cost Benefit Studies, Cash Management and DCAA Liaiso n Officer. Knowledge and Understanding of GAAP, FASB, CAS and FAR. Reports directly to the Vice President of Finance. Division Controller. Systems Division 3/84-12/84 Coordinated all financial activities for this business unit. Specific areas include Control and Management of General and Cost Accounting, P rogram Cost Control, Proposal Pricing, Human Resource Management, Division Finan cial and Administrative Procedure Development, DCAA Liaison Officer, MIS Coordin

ation and Development. Reports directly to the Division Vice President. Division Accounting Manager. Systems Division 1982-1984 Management and Control of all General and Cost Accounting Functional Areas. Specific areas include General Ledger, Payroll, Accounts Receivable, Accounts P ayable, Cash Management, Program Cost Control, Profit and Loss, Budgets and DCAA Liaison Officer. Reports directly to the Division Controller. Senior Program Operations Representative 1979-1982 Computer Sciences Corporation- Moorestown, N. J. 1977-1979 Cost Accountant. Talstar Computer Systems- Princeton, N. J. 1976-1977 Accounting Specialist. Estate of Mary Rita- Trenton, N. J. 1974-1975 Executor.

Joseph J. Rita Page 4

Education: Southern Illinois University Master of Business Administration- 1985 Villanova University Bachelor of Science-Accounting- 1974 Professional: OrganizationsFinancial Executives Institute - Chairman of the Philadelphia Chapters Professional Development Program 1999 - 2001 Institute of Management Accountants National Contract Management Association Specialized TrainingIntroduction to Grants and Cooperative Agreements, Manag ement Concepts. Government Contract Audits, TMSA- FAR and DCAA Procedures. Legal and Accounting Aspects of Government Contracting,

Coopers & Lybrand. Recovering Indirect Costs, Center for Public Management. Accounting for Federal Contracts (CAS Review),Center for Public Management. Mergers & Acquisitions, J.T.Greve. Accomplishments: Consistent Exceptional (Top Honor) GSA Schedule Administration Compliance Audit Ratings. Negotiation of Manufacturers Exemption with the Commonwealth of Pennsylvania to avoid State Sales and Use Tax obligations for Digital Systems, Group, Inc. resu lting in sales and use tax savings of approximately $50,000 per year. Sole responsibility for successful start-up of American Competitiveness Institu te and establishment of the companys business, finance and accounting operations to insure security of continued operations. Sale of 64,000 square foot office building saving the company over $500,000 per year.

Joseph J. Rita Page 5 Responsible for the following: - Handled all negotiations with buyer, own ers and brokers. - Financial analysis and determination of target price requirements. - Preparation of all document requirements . - Closed deal. (also found alternate 10,000 square foot office site for administrat ive personnel, negotiated and finalized lease). Secured relationship with Treasury Listed Bonding Surety providing the company with class "A" bonding capability and saving the company in excess of $200,000 p er year in bonding fees. Leased 15,000 square foot block of space at headquarters to three tenants gener ating an additional rental income of $210,000 per year for the company. Respons ible for all aspects (cradle to grave). Moved the companys insurance portfolio from a small local agency to the largest and most respected agency in the nation providing greater market access to prem ium carriers and expanding the companys capability for receiving full and comple te insurance coverage. Also saved the company about $50,000 through bundling of certain coverages. Sale of company investment property. Coordinated all aspects saving the compan y over $35,000 per year.

Established a second banking relationship to give the company an adequate capit al platform to support future business growth. New partnership also stimulated competition between the banks resulting in more competitive pricing (and better service). Various cost containment actions.