Management

Before River Capital, Mr. Hulse was President and Chairman of Hangar One, Inc., a company that he owned and sold to Beech Aircraft in 1983. Mr. Hulse was also the owner of Aviation Supply Company, which he sold to Piedmont Airlines in 1983.

Mr. Hulse was formerly Chairman of American Beechcraft Company, a Director of Fuqua Enterprises, Inc.(NYSE) and numerous privately held companies. In addition, Mr. Hulse has served as Chairman of General Hardware Company and Piedmont Aviation Services, Inc., both of which were River Capital portfolio companies.

Mr. Hulse served on the Board of Managers of the University of Virginia Alumni Association, the Board of the World President's Organization, and the Board of Trustees of Embry-Riddle Aeronautical University. He is a member of several business and civic organizations including the Atlanta Rotary Club, the International Business Fellows and served as International President of the Young President's Organization.

Mr. Hulse received a Bachelor's degree in Economics from the University of Virginia and a Master's degree from the Harvard Business School.

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He worked under different corporate ownership (Premenos, Harbinger and Peregrine) from 1996 to 2002 before settling into the current ownership structure in March 2002. He enjoys working with the diverse team of talented people at Prime Factors.

Through the years, Mr. Walker participated in creating ANSI X12 security standards as eCommerce cryptography was defined, and he has helped define requirements for Prime Factors products to meet ANSI X9 financial security standards.

Mr. Walker moved into data processing after attending the Honeywell Institute in Burlington, MA and had early programming experience at companies such as Aetna Insurance, Citizens Bank, and Exxon. He then held consulting positions at New York Telephone and Winter Park Telephone before holding several management positions over a period of ten years at Pacific Telecom in Vancouver, WA.

Mr. Walker served as an officer in the U.S. Air Force at a laser research lab and was honorably discharged with a rank of Captain. He received a bachelor's degree in Physics from the University of Illinois and attended graduate school for one year at the University of California at San Diego.

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Patrick brings more than twelve years of sales and management experience to Prime Factors in the areas of software, services and channel sales. Most recently, he served as a major account sales manager for Peregrine Systems. While in this role, he was responsible for managing sales and services for the southwest region of the USA.

Prior to Peregrine, Patrick worked for Harbinger Corporation where he developed the sales methodology for the SME market, followed by four successful years as a major account sales manager and channel sales manager. While in these roles he was responsible for managing sales throughout the entire United States.

Patrick attended the University of Texas, at Dallas and is involved with several community organizations in the greater Dallas area.

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During the first 10 years of Gary's career he worked for federal and local government as a programmer where he learned the intricacies of mainframe assembler programming and higher-level languages.

The next 8 years Gary worked for Pacific Bell where he learned and worked with some of the best. Gary learned additional programming languages and designed communications software using finite state techniques.

Since working as a software designer and programmer since 1994 with Prime Factors, Gary has been instrumental in the efficient design philosophy he implemented. This has allowed Prime Factors to develop and maintain three major products that run on multiple computer platforms using the same code base.

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