Procera Networks

Tom Williams has served as a member of our Board of Directors since the October 2003 merger. He served as a Director of PNI from May 2002 to October 2003. Mr. Williams has 20 years' experience as CFO and General Counsel in start-up and medium- sized venture capital-backed technology companies. Mr. Williams' early years were spent with IBM and Shell Oil Company in engineering and legal positions. In 1971, Mr. Williams joined the management team of Measurex Corp., a process control start-up, responsible for engineering project budgeting and patent matters as the company grew from $4 million to $50 million in revenues. In 1976, Mr. Williams and two partners took over management of Altus Corporation, guided the company through bankruptcy and raised venture capital. From 1984 though 1993, Mr. Williams was CFO and General Counsel for Greyhawk Systems, an innovator in high-resolution electronic imaging, which was sold in 1993. From 1993 to 1997, Mr. Williams was in the private practice of law. In 1997 he was appointed as CFO of IC WORKS, Inc., a venture capital-backed semiconductor company, on an interim basis to guide a financial turnaround. Within six months, the company was brought from near bankruptcy to a cash positive position, which allowed the company to be sold in 1998 for more than $100 million. Since 1999, Mr. Williams has been CFO at Bandwidth9, a company developing tunable lasers for the fiber optics industry. Mr. Williams holds a B.S. degree in electrical engineering, and a law degree from the University of Minnesota and an M.B.A. from the University of California at Berkeley. He is a member of the California, New York (inactive), Federal and Patent bars.

Scott McClendon has served as a member of our Board of Directors since March 1, 2004. Mr. McClendon is currently Chairman of the Board of Overland Storage Inc., a position he has held since March 2001. He became Chairman after serving as President and Chief Executive Officer from October 1991 to March 2001. Prior to joining Overland Storage, Mr. McClendon was employed by Hewlett Packard for over 32 years in various positions of engineering, manufacturing, sales, marketing and general management. As a General Manager Mr. McClendon ran the worldwide color printer and drafting plotter businesses of Hewlett Packard. Mr. McClendon serves on the boards of several public and private high technology companies. Mr. McClendon holds B.S. and M.S. degrees in electrical engineering from Stanford University.

Tom Saponas has served as a member of our Board of Directors since April 1, 2004 . Mr. Saponas was, until his retirement in 2003, the Senior Vice President and Chief Technology Officer for Agilent Technologies, the $8B spin-off of Hewlett Packard Company in 1999.  Mr. Saponas was responsible for establishing Agilent’s long-term technology strategy and directly supervised its central research lab.  Prior to this, he was Vice President and General Manager of the Electronic Instruments Group at Hewlett Packard where he led eight divisions and 5 operations in the U.S., China, Korea, Germany, France and Canada . In addition, during his time at HP he held various positions in R&D, Marketing and General Management.  He was the General Manager of the Colorado Springs Division and also the Lakes Stevens Division.  In these roles he was responsible for HP’s world-wide R&D, marketing and manufacturing of oscilloscopes, logic analyzers and data acquisition systems and vector signal analyzers, as well as having manufacturing responsibility for HP’s thin and thick film microcircuits.  In 1986 he took a one-year leave from HP when awarded a White House Fellowship.  He served as a Special Assistant to the Secretary of the Navy and was awarded the Superior Civil Servant for a major cost-saving initiative.  He currently serves on the Visiting Committee for Advanced Technology which reports to the Secretary of Commerce.  Mr. Saponas has a B.S. degree in Computer Science and Electrical Engineering and an M.S. degree in Electrical Engineering from the University of Colorado .

Staffan E.S. Hillberg has served as a member of our Board of Directors since January 24, 2007. Mr. Hillberg is currently the CEO of Scandinavian Financial Management AB, a private equity group based in Sweden. Earlier he held the position of Managing Partner at the MVI Group, one of the largest and oldest business angel networks in Europe with over 175 million Euro invested in 75 companies internationally. While at MVI he oversaw a number of successful exits, among them two IPOs in 2006 on the AIM exchange in London as well as an IPO on the Swiss Stock Exchange. Prior to MVI he ran a local venture capital company as well as co-founded and was the CEO of the computer security company AppGate with operations in Europe and the USA, raising US$20M from ABN Amro, Deutsche Telecom and GE Equity. Before this he was responsible for the online activities of the Bonnier Group, the largest media group in Scandinavia, spearheading their internet activities and heading up their sponsorship of MIT Media Lab. Earlier he was the QuickTime Product Manager at Apple in Cupertino and before this Multimedia Evangelist with Apple Computer Europe in Paris, France. He has extensive experience as an investor and business angel, having been involved in the listing of two companies in Sweden, Mirror Image and Digital Illusions, where the latter was acquire by Electronic Arts. Mr. Hillberg attended the M.Sc. program at Chalmers University of Technology in Sweden and has an MBA from INSEAD in France

Mary M. Losty has served as a member of our Board of Directors since March, 2007. Ms. Losty is currently the General Partner at Cornwall Asset Management, LLC, a portfolio management firm located in Baltimore, Maryland, where she is responsible for the firm's investment in numerous companies. Ms. Losty's prior experience includes working as a portfolio manager at Duggan & Associates and as an equity research analyst at M. Kimelman & Company. Prior to that she worked as an investment banker at Morgan Stanley and Co., and for several years prior to that she was the top aide to James R. Schlesinger, a five-time U.S. cabinet secretary. Ms. Losty received both her B.S. and Juris Doctorate degrees from Georgetown University, the latter with magna cum laude distinction. She is a member of the American Bar Association and a commissioner for Cambridge, Maryland's Planning and Zoning Commission. Ms. Losty also sits on the board of directors of the American Board of the United Nations University for Peace, an institution which enjoys the exclusive status of being sanctioned by all 192 member states of the United Nations.