Mr. Salerno is a member of the boards of Akamai Technologies, AVNET, Inc., Bear Stearns Company, Inc., Consolidated Edison, Inc., Dun & Bradstreet, Manhattan College, Popular, Inc., and Viacom, Inc.

Mr. Salerno currently serves as Chairman of Lynch Interactive (Amex:LIC), a position he assumed in December 2002. Prior to joining Lynch, Mr. Salerno was Vice Chairman and Chief Financial Officer of Verizon Communications, Inc.

Mr. Salerno joined New York Telephone in 1965 and was elected Vice President in 1983, when he directed the divestiture of the firm from the Bell System. In 1987, he became President and CEO of New York Telephone. In the course of his career, Mr. Salerno served as a lead negotiator for three of the most significant mergers in business history: the 1997 merger of Bell Atlantic and NYNEX, Bell Atlantic's merger with GTE, and the combination of the U.S. wireless assets of Bell Atlantic and Vodafone into the country's largest wireless provider, Verizon Wireless.

Prior to the Bell Atlantic/GTE merger, Mr. Salerno was Senior Executive Vice President and Chief Financial Officer of Bell Atlantic. He was a member of the Office of the Chairman, responsible for the company's planning efforts, business development and finance.

An active participant in support of community and education issues, Mr. Salerno in 1988 was named by former governor Mario Cuomo chairman of New York's Temporary State Commission on the Distribution of State Aid to Local School Districts. In 1990, Cuomo appointed him chairman of the board of trustees of the State University of New York, a position Mr. Salerno held until February 1996.

GGCP is a private investment firm dedicated to acquiring privately held companies in partnership with management. We believe a tremendous opportunity exists to help small to mid-sized companies expand their businesses, create jobs, and compete globally. To take advantage of this opportunity, we have assembled a team of experienced executives and investment professionals to deploy our assets in private equity.

Mr. Salerno is an icon in the telecommunications industry and we are delighted to have him join our organization. His 38 years of experience will add tremendous value as we build our private equity portfolio.