Executive Members

Gary McCone / Karim Teja / Randy Coates / Ian Graham

Board Members

Shawn Abbott / Ted Redmond / Earl Everall / Nate Glubish

Gary McCone

President and CEO

Mr. McCone has served as Founder, Owner, President, Senior Vice President and Senior Executive Consultant and has enjoyed success in the business process at every stage. From 1987-1992 he was co founder and Senior Executive Consultant for PML INC. Satisfied clients include Bell Canada, Royal Bank, Northern Telecom, Banque Nationale and Canadian Liquid Air. From 1992-1998 he was co founder and President of Posicom Inc, one of Canada s largest switchless resellers of long distance services. In 1998 Posicom Inc. was sold to Calgary based Metronet Communications which subsequently acquired controlling interest in AT&T Canada where Mr. McCone assumed the position of President-Marketing, Carrier and Consumer Services until July 2000. From 2000-2007 he was appointed President and CEO of Ceres Inc. where he acquired invaluable experience in the manufacturing and retail sectors. Over his career Mr. McCone has been directly responsible for the inception of new business as well as operating existing firms effectively and ultimately selling a number of companies.

Since October 2007 Mr. McCone has and continues to occupy the position of President and CEO of Preo Software Inc.

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Karim Teja

Chief Financial Officer

Mr. Teja joined Preo on June 2, 2008. Since September 2007, Mr. Teja has been a consultant advising pre-commercial and early commercial technology companies on financial, operational and strategic matters. From June 1999 to September 2007, Mr. Teja served as an officer of Imaging Dynamics Company Ltd., a TSX listed company. From June 1999 to June 2006 Mr. Teja was the Chief Financial Officer and from June 2006 to September 2007 he was the Chief Operating Officer. Mr. Teja was instrumental in transitioning the Company from a strictly R&D organization to a high growth company with revenues in excess of $30 Million and product installations and distribution partners in over 35 countries. Prior to Imaging Dynamics, Mr. Teja was the Chief Financial Officer and Chief Operating Officer of Erasoft Technologies Inc., a private software company where he helped negotiate a successful acquisition by Viasoft Inc., a NASDAQ listed company.

Mr. Teja holds a Bachelors degree in Business Administration with honors from Simon Fraser University and an honors certificate from the Canadian Securities Institute. He received the designation of Certified General Accountant (CGA) in 1992.

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Randy Coates

Vice-President, Operations

As Vice-President, Operations at Preo, Mr. Coates is responsible for coordinating, administering and controlling Preo's overall operations. He is also responsible for human resources and some marketing functions in the firm. Randy has held this position since February 2005.

Prior to joining Preo, Mr. Coates was founder, Director, and Vice-President for a TSX listed technology company, Burntsand Inc. Randy co-founded Burntsand in April 1995 and continued working there until he returned to graduate school in September 2001.

Mr. Coates holds both a Bachelors of Commerce (1986) and a MBA (2001) from the University of Calgary.

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Ian Graham

Chief Technology Officer

As Chief Technology Officer, Mr. Graham is responsible for developing and delivering the product strategy for Preo. In this role, he oversees the software development and engineering of products within Preo.

Mr. Graham has over 15 years of senior management and software development experience within the software and energy sectors. Prior to joining Preo, he was Senior Manager of Engineering with Symantec Corporation (Nasdaq: SYMC), the world leader in security software. While at Symantec he led teams responsible for delivering two of Symantec's commercial products.

As Chief Technology Officer, Mr. Graham is responsible for developing and delivering the product strategy for Preo. Mr. Graham joined Preo April 2006.

Prior to joining Preo, Mr. Graham served as Senior Manager of Engineering (2004 – 2006) for Symantec Corporation (Nasdaq: SYMC), the world leader in security software. While at Symantec he led teams responsible for delivering two of Symantec's commercial products.

Prior to joining Symantec, Mr. Graham held several positions with EnCana Corporation (TSX/NYSE:ECA) (1995 – 2003), formally PanCanadian Energy. During his time at EnCana, Mr. Graham held increasingly progressive roles including: Team Lead for the IT Pipeline division (2002 – 2003), e-Business Architect (2001 – 2002), Team Lead Finance for CP Ships systems redevelopment (seconded from PanCanadian)(2000) and Senior Developer (1995 – 1999).

Mr. Graham holds a Bachelors of Science (1990) from the University of Calgary.

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Board Members

Shawn Abbott

Chairman of the Board

As a technologist, entrepreneur, executive, venture capitalist and educator, Mr. Abbott has over twenty years experience in the information technology business. He is a Partner with iNovia Capital, a venture capital fund focused on seed and early stage technology companies, and was a founding Partner with SpringBank TechVentures (2000-present).

Mr. Abbott served as the Chief Scientist (1994-1997), Chief Technology Officer (1997-2000) and then as the President (2001-2004) of Rainbow Technologies, Inc. (Nasdaq:RNBO), leading the company to a merger transaction with SafeNet Inc. (Nasdaq:SFNT) at a value of nearly US$500 million.

Mr. Abbott established and built the AND group (1988-1994), which pioneered the encryption-based CD-ROM software distribution system used on several million discs. Under his leadership, AND was consistently profitable, grew to twenty staff and ultimately sold to Rainbow Technologies, Inc. Mr. Abbott was the founder and President of MacVONK Canada Inc., a small Canadian software re-publisher (1991-1993).

Mr. Abbott has served on the Board of Directors for Valimo Wireless Oy (2002-2007), Idelix Software Inc. (2004-2007), Rainbow KK (2001-2004), Rights Market Inc. (TSX-V:RTS, 2000-2004), Madenta Inc. (1998-1999, later TSX-V:MA), and StoresOnline.com (1997-1998, until sale to Netgateway, Inc. (Nasdaq:NGWY)).

Mr. Abbott is an accomplished public speaker, having presented at more than one hundred conferences on Internet security and business topics, and taught software design courses in several countries. He holds a patent as a principle inventor of the USB Key, has written numerous articles and feature pieces for industry publications, and contributed the chapter on hardware cryptography to McGraw Hill's, "ICSA Guide to Cryptography".

Mr. Abbott is a member of the Venture Capital Association of Alberta executive, and chaired the Banff Venture Forum in 2004 and 2005. He holds a B.Sc. in physics from the University of Alberta and maintains currency as a Canadian commercial helicopter pilot (CPL(H)).

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Ted Redmond

Mr. Redmond is a Vice-President for McCoy Corporation (TSX:MCB), a public company operating in 3 segments, energy products and services, trailer manufacturing and truck and trailer products and services. Mr. Redmond is responsible for the Energy Products and Services Segment, overseeing the operations of Farr Canada, Rebel Metal Fabricators Ltd., Inotec Coatings and Hydraulics Inc., Superior Manufacturing & Hydraulics Inc. and Precision Die Technologies, LLC. Mr. Redmond joined McCoy in 2006 and was appointed as an officer in September 2007. He has more than 25 years of operating, transactional and business advisory experience in high tech and energy sectors.

Mr. Redmond has operating leadership experience as CEO, President and Divisional VP. This includes six years as President of Surface Engineered Products and Westaim Coating Solutions. Mr. Redmond's CEO roles also include having successfully turned around a number of technology companies for their private equity investor owners including Lacent Technologies and Clean Air Power. Clean Air Power was a San Diego based industrial technology company that subsequently went public on the London Stock Exchange (i.e. AIM). Mr. Redmond has management, operations and R&D experience with technology companies including 3Com Corporation (Nasdaq:COMS), Northern Telecom Limited (now Nortel Networks Corporation (TSX:NT)) in Ottawa, and a telecommunications business subsequently purchased by Alcatel-Lucent (NYSE:ADR).

Mr. Redmond has led software, high-tech, and telecommunications companies through successful M&A and Financing transactions both as an advisor and as a CEO. For example, Mr. Redmond was the M&A advisor on the successful sale of Ottawa based Symagery to a strategic buyer in the imaging software/hardware space, Psion Teklogix. He also led Lacent Technologies Inc. through a sale to Lectra, SA of France. He is also on the Board of two non-profit organizations including Alberta Alpine the organization overseeing competitive alpine skiing in Alberta. Mr. Redmond was involved as a company advisor in the venture capital financing of GotaCopy, the predecessor company to Preo Software.

Mr. Redmond has an MBA from Stanford Business School, a M.Sc. in Electrical Engineering from the University of Toronto, and a B.Sc. in Computer Engineering from the University of Alberta.

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Earl Everall

Mr. Everall is currently active as a venture capitalist holding a position of director for the past 13 years with Foundation Equity Corporation, an investor in emerging software and biotechnology companies as well as main stream product and service industries. He also manages a portfolio of investments in private companies within both the Environmental and Road Building industries; Enviro West Inc. and South Rock Ltd. being foremost.

For 25 years Mr. Everall was an Owner, President and CEO of Everall Construction Limited, a leader in Alberta’s road building industry. Everall Construction Limited was eventually sold to E. Construction Ltd in 2000.

Mr. Everall also co-founded Recycle West Inc. an environmental company that successfully pioneered the waste oil recovery business. It was subsequently acquired by Newalta Corporation in 1994.

Mr. Everall is well respected within the Alberta business community having served as a director and a chairman of the Alberta Road Building and Heavy Construction Association from 1987 to 1993. He was also a Finalist for the Entrepreneur of the Year Award in 1999.

Mr. Everall holds a B.A. in Economics from the University of Alberta.

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Nate Glubish

Mr. Glubish is the Manager of Planning and Development for the Energy Products & Services Division with McCoy Corporation (TSX:MCB). His role includes working on mergers and acquisitions, and strategic planning.

Prior to his position with McCoy Corporation, Mr. Glubish worked for four years (May 3, 2004 – April 30, 2008) at Foundation Equity Corporation, where he held positions including Business Analyst and Portfole Manager. Foundation Equity Corporation is a venture capital firm based in St. Albert, Alberta. Mr. Glubish's role at Foundation Equity Corporation included performing due diligence research on potential investments, negotiating investment transactions, and preparing financial proposals. Mr. Glubish also negotiated secured mortgage and lease contracts for certain Foundation Equity Corporation real estate transactions.

In addition to his role with Preo, Mr. Glubish sits as a Director and Corporate Secretary of Tanks-A-Lot Ltd., an Edmonton-based manufacturer of concrete storage tanks.

Mr. Glubish completed his Bachelor of Commerce, Finance at the University of Saskatchewan.

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