Howard Morgan, Ph.D. has been a Director of Idealab since March 2002. Dr. Morgan was President,
Idealab New York from March 2000 to June 2001 and was Vice Chairman until December 2002. He also
served as an Idealab Director from February 1999 to March 2001. Since 1989, Dr. Morgan has served
as President of Arca Group, Inc., a consulting firm specializing in the areas of computers and
communications technologies. Dr. Morgan was a Professor of Decision Sciences at the Wharton School
of the University of Pennsylvania and a Professor of Computer Science at the Moore School of the
University of Pennsylvania from 1972 through 1986. He serves as a director for a number of public
companies, including Franklin Electronic Publishers, Inc., and Segue Software, Inc., as
Vice-Chairman of the New York Angels and as a Director of First Round Capital, a seed stage venture
fund. Dr. Morgan received his Ph.D. in operations research from Cornell University.