PD-LD, Inc. Board of Directors consists of 5 members. In addition to those listed below, Dr. Vladimr S. Ban also serves as a member of our Board.

Dr. Morton Collins, Chairman

Dr. Morton Collins is a General Partner of Battelle Ventures and Innovations Valley Partners. He earned his Bachelor of Science Degree in Engineering from the University of Delaware and his Master of Arts and Doctorate Degrees in Engineering from Princeton University. During the period from April 1966 to July 1968, he was the founder and Chief Executive Officer of Scientific Research of Princeton, Inc., an information processing related service Company. From October 1968, to June 1974, he was the Founder and Chief Executive Officer of Data Science Ventures, Inc. (DSV I). He was a Founder of DSV Associates (DSV II); DSV Partners III (DSV III); DSV Partners IV (DSV IV) and has been the Managing Partner of each since their formation in 1974, 1981 and 1985 respectively. These organizations provide venture capital and management assistance to early-stage high-technology companies. In July of 1997 Mort became a Special Limited Partner of Cardinal Partners, the successor to the DSV series of partnerships. In August of 2003 Mort became the Managing Partner of Battelle Ventures which he founded. Battelle Ventures is an early-stage high-technology venture firm focused on technologies developed at Battelle Memorial Institute and the National Laboratories managed by Battelle for the Department of Energy.

Dr. Collins serves as a Director of Kopin Corporation (NASDAQ); Strategic Diagnostics, Inc. (NASDAQ); Ventaira, Inc.(Chairman); Pharos LLC; PD-LD Inc.(Chairman); Viral Genomics Inc.; Advanced Cerametrics, Inc. and is a member of the Advisory Board of Early Stage Enterprises, LP and the Executive Committee of Battelle Memorial Institute. Mort is Chairman of the Advisory Council to the Chemical Engineering Department at the University of Delaware; Chairman of the School of Engineering Advisory Council at Rutgers University; Chairman of the Graduate School Advisory Council at Princeton University; a member of the Leadership Council of the School of Engineering and Applied Sciences at Princeton University and a member of the Systems Biology Advisory Council at the Institute for Advanced Study, Princeton, N.J.

Dr. Collins served on the New Jersey Governor's Commission on Science and Technology; the New Jersey Governor’s Superconductivity Roundtable and is a Member of the Research Roundtable of the National Academy of Sciences. He chaired President Reagan’s Task Force on Innovation and Entrepreneurship and served as a technology policy advisor to President George H. W. Bush. He is a former President, Director and Chairman of the National Venture Capital Association. Mort was the recipient of the 1989 University of Delaware Medal of Distinction; the recipient of the 1990 New York Venture Forum Award and he received the Delaware Valley Venture Group Award in 1992.

Dr. Stephen R. Forrest

Dr. Forrest has served as one of our Directors since 1995. Dr. Forrest has been a professor of electrical engineering at Princeton University since 1992 and has served as Chairman of Princeton's Department of Electrical Engineering from 1997 to 2001. From 1992 to 1997, Dr. Forrest served as the Director of the Center for Photonics and Optoelectronic Materials at Princeton University, and from 1989 to 1992, he served as the Director of the National Center for Integrated Photonic Technology. From 1985 to 1992, Dr. Forrest was professor of electrical engineering at the University of Southern California. Dr. Forrest is the author of approximately 300 papers published in professional journals and holds approximately 70 patents in the areas of organic thin film materials and devices and semiconductor photonic materials and devices. Dr. Forrest received his Masters and Doctoral degrees in physics from the University of Michigan.

Mr. David Rynne

Mr. Rynne has served as one of our Directors since 2001. Mr. Rynne began his business career in 1964 as a financial analyst for Burroughs Corporation. In 1977, Mr. Rynne was appointed CFO of Burroughs International Group. In 1983, Mr. Rynne became the CFO for Tandem Computers. Mr. Rynne joined Bay Networks as Executive VP and CFO in 1997. He then led the strategy, transaction, and integration activity successfully merging Bay Networks into Nortel Networks. Mr. Rynne received his BS and MBA from the University of Buffalo.

Mr. Tom Unterberg

Mr. Unterberg formed C.E. Unterberg, Towbin in 1990. From 1987 to 1990, Mr. Unterberg was Head of Technology Banking and a Partner of Lehman Brothers. From 1977 through 1986, Mr. Unterberg was a General Partner/Managing Director and Chairman of L.F. Rothschild, Unterberg, Towbin Holding, Inc. From 1960 through 1977, he was a partner in C. E. Unterberg, Towbin. He has been in investment banking since 1956. He currently serves on the Board of the AES Corporation Club One, Electronics fro Imaging, Inc and Systems and Computer Technology Inc. Mr. Unterberg is a graduate of Princeton University and received his MBA from Wharton School of Business.