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Eutecus, Inc. Strengthens Senior Management and Board of Directors with New Appointments

June 10, 2008

Berkeley, California, June 11, 2009. Eutecus, Inc. announces several new appointments in its Senior Management and Board of Directors.

Paul J. Koskey, retired from federal service in 2008, will now serve on Eutecus’ Board of Directors. Koskey’s Military and Civil Service (CS) career spanned more than 40 years. He held a number of positions within DOD, first as a USAF Intelligence Officer, and then as a CS employee in various roles within DOD. His experience includes working for the USAF as an Intelligence Operations Specialist, a Foreign Military Sales Negotiator, Program Manager and Contracts Officer. He worked on the Joint Staff as a politico-military expert on Security Assistance serving as Policy Planner and advisor to the Director J-5, Director of the Joint Staff and the Chairman of the Joint Chiefs of Staff. Over the past 18 years he worked in the Missile Defense Agency as an International Program Manager and Integrator, led the MDA Technology Transfer program, and in his last assignment served as the Innovation Team Leader where he was responsible for locating, cultivating and seeking applications for innovative technology. Paul has extensive experience in encouraging and transitioning new technology into key applications.

There are also several changes in structure among Eutecus’ current senior management:

Stephen D. Hester, previously President and Chief Executive Officer, will now serve as Chairman and CEO.

Dr. Csaba Rekeczky, previously Vice President and Chief Technology Officer, will now serve as President and CTO.

Outgoing Board Chairman Laszlo “Les” Belady, who has helped guide Eutecus since its foundation in 2002, steps aside after a long career in multiple industries, and has been named Chairman Emeritus of the Company.

Newly appointed Chairman and CEO Stephen D. Hester says, “This restructuring strengthen Eutecus’ strategic capability to serve both the defense and commercial video analytics markets with cutting-edge embedded image processing technology.”

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