| Jürgen Zinsstag, an Electronic 
                    and Mechanical Engineering graduate, has over 30 years of 
                    technical management, sales and marketing experience in thin 
                    film and vacuum technology. This includes including 20 years 
                    with Ferrotec in both Europe and the US. He joined the company 
                    n 1981 and was responsible for building the Ferrofluidics 
                    sales and service organization in Europe. In 1986 he set up 
                    the development and manufacturing group for the electron beam 
                    product range at the Germany facility. In 2000 he became the 
                    president and CEO of the Nashua operation in the US. | 
               
                | Mr. Cesati brings to Ferrotec 
                    Corporation over 30 years of financial management experience. 
                    Formerly a CPA with Arthur Andersen & Company, he has 
                    maintained a relationship since 1980 with Ferrotec Corporation,serving 
                    as President of its U.S. subsidiary, International Thermoelectric 
                    Inc, and as an advisor to the Chairman concerning Ferrotec 
                    Corporation's U.S. holdings. In 1999, he returned to become 
                    President of Ferrotec Acquisition, Inc. formed for the acquisition 
                    of Ferrofluidics Corporation now Ferrotec (USA) Corporation 
                    and currently serves as its CFO. |