TeraRecon, INC.
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Management

Motoaki Saito, M.D., Ph.D.
Founder, Chief Executive Officer, Chairman of the Board

Dr. Saito founded TeraRecon in April 1997 and serves as president and CEO. Dr. Saito is a radiologist, entrepreneur, and visionary. His academic research work and clinical training at Tokyo University Hospital provided him with valuable experience with all medical imaging modalities and information systems. Other than strategic planning of entire company operations, he's responsible both for the solution/application ground designs and the core technology designs including system/processor level architecture. He served as President of Meditechs Co. Ltd. in 1994, JAM System, Inc. and AMT, Inc. in Tokyo, Japan in 1995. In 1996, Dr. Saito became chairman of the board of Amdarc B.V., a shareholding company of the semiconductor companies Arcobel Graphics BV and Arcobel ASIC Design Center BV in the Netherlands.

Kazuo Takahashi, M.Sc.
Director

Mr. Takahashi joined Arcobel Graphics Japan, Inc. in 1996 as the principal technologist, and later assumed the post of chief technology officer for TeraRecon in 1997. He has a master's degree in electrical engineering from Nihon University, Japan, for research on large digital archives for satellite images and weather simulation and forecasting with supercomputers. His particular expertise is in the field of analog/digital signal processing, real-time reconstruction, advanced volume rendering algorithms, and DSP/processor architecture. He's responsible for the continuous development of TeraRecon's XTrillion processor, other ASICs and parallel processing system design. Mr. Takahashi's engineering research achievements comprise a large portion of the company's intellectual property.

Robert Taylor, Ph.D.
President, Chief Operating Officer

Dr. Taylor has over 12 years of experience with advanced software and technology commercialization in a broad range of settings, from advanced clinical applications to distributed healthcare systems. He received both his B.Sc. (1990) and his Ph.D. (1996) in physics from Imperial College of Science, Technology and Medicine, London, England. From 1999 to 2001 Dr. Taylor served as chief executive officer and director of AccuImage Diagnostics Corp. (OTCBB:AIDP), where he established market share for the company's 3D workstation and wide area networking solutions while reporting the company's first profitable fiscal year results and delivering a three-fold increase in revenues.

Lakshmi Lakshminarayan, M.B.A.
Senior Vice President, Chief Financial Officer

Mr. Lakshminarayan's career encompasses over 20 years of experience leading both field and headquarters financial operations, including multi-national Fortune 50 companies, medium-sized companies, and start-ups. Prior to joining TeraRecon, Lakshmi was the Director of Finance and Business Administration, in the Ultrasound Division of Siemens Medical Solutions, Inc. He was part of the management team that successfully introduced several new technologies and innovative products that gained significant market share and growth in the ultrasound imaging sector. His extensive operational experience includes financial oversight and operational support of Sales, Service, Product Management, Business Development, and Manufacturing areas. Mr. Lakshminarayan has previously held a number of senior management positions within Siemens Communications, Cadence Design, ROLM Systems, and Tel Plus Communications. Mr. Lakshminarayan holds a Bachelor of Engineering Degree with honors, with a double major in Electrical Engineering and Electronics Engineering from Birla Institute of Technology and Science, Pilani, India. He also holds an M.B.A. in Finance from the University of New York.

Toshiaki Sakaguchi, Ph.D.
Senior Vice President of Operations

Dr. Sakaguchi is responsible for all of the company's operational activities. Prior to his current position, he was an EVP at Information Technology Center of America (ITA) and at Mitsubishi Electric's Research Laboratories in the U.S. Previously, he led R&D projects at Mitsubishi Electric Industrial Electronics and Systems Lab and also at the Central Research Lab in Japan. He worked as the project manager as well as the manager of strategic planning and administration for the first real-time digital power system simulator. Dr. Sakaguchi received his Ph.D. from Kyoto University in 1982.

Koichi Kanayama, M.B.A., C.P.A.
Senior Vice President, Japan Branch Manager

With experience in both technology and finance areas, Mr. Kanayama joined TeraRecon in June 2004. He received a BS degree from the University of Tokyo and MBA from University of Washington. His career includes two venture companies with successful IPO's in Japan. Mr. Kanayama lead a start-up airline, Skymark Airlines Co., Ltd., as CFO and Corporate Planning officer, and a browser software company, Access Co., Ltd. to expand international operations and business development as GM of Corporate Planning.

Jeffrey Sorenson, M.B.A., B.S.E.E.
Vice President of Aquarius Sales, US and Canada

Mr. Sorenson is a seasoned medical imaging professional with over 15 years of industry experience, holding a variety of positions including sales, marketing, and service management, including 9 years of experience in advanced CT applications. Jeff is responsible for managing sales activities for TeraRecon's Aquarius products in the USA and Canada. Prior to TeraRecon, Jeff served as the Director of Marketing for Imatron, Inc. from 1999 - 2002, where he helped drive significant increases in revenue prior to the sale of the company to GE Medical Systems where Jeff subsequently served as Strategic Sales Manager, Cardiovascular CT. Prior to GE and Imatron, Jeff held positions in service management and service engineering with Philips Medical Systems. Mr. Sorenson holds an Executive M.B.A. degree from Cardinal Stritch University, Edina, MN, and a B.S. in Electrical Engineering with emphases in digital design and controls from the University of Wisconsin, Platteville.

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