Anna M. Chagnon
President and
Chief Executive Officer

Anna Chagnon has served as Chief Executive Officer of the Company since October 2003 and as President since August 2000. She has previously served in various positions at the company including Executive Vice President, Chief Operating Officer, Chief Financial Officer, and General Counsel.

Prior to joining the company, she served as Counsel to Progress Software Corporation, a developer and worldwide supplier of solutions to build, deploy, and manage applications across Internet, client/server, and host/terminal computing environments. She has also practiced law at the Boston firms of Peabody & Arnold and Warner & Stackpole, where she specialized in fields of corporate, securities, finance, and intellectual property law.

Ms. Chagnon holds an MBA, summa cum laude, from Babson College. She also holds a BS, summa cum laude, from Northeastern University, and a JD from Boalt Hall School of Law at the University of California at Berkeley.

Costas Kitsos has headed up Pageflex's Research & Development arm since its inception. He also serves as VP of Engineering for Bitstream.

Mr. Kitsos is a veteran software developer with over fifteen years' experience in type and publishing application development.

Before joining Bitstream in 1996, Mr. Kitsos headed IconWorks, where he developed award-winning type applications and offered consulting services on end-user programs and graphical user interfaces.

He holds a Masters degree from the University of California, Los Angeles.

Jim Dore was named a Vice President and the Company's Chief Financial Officer in March 2003 and has been the Company's Corporate Controller since June 1999.

Mr. Dore has over twenty years of service in various senior financial positions. From January 1997 to June 1999, Mr. Dore served as Corporate Controller at Celerity Solutions Inc. (bulletin board- CLTY), a developer and marketer of supply chain and warehouse management business software, he also served as Celerity's Chief Financial Officer and Treasurer from April 1999 to June of 1999.

Mr. Dore holds a C.P.A. certificate and a B.S. degree, with distinction, from Clarkson University.

Key Development Directors

Jeffrey Caruso has worked for Pageflex and its predecessors since August 1998. He is assigned to the team developing the NuDoc composition engine and is the Company's representative to the XSL Working Group.

From 1996 to 1998, Mr. Caruso taught courses and performed research in pure and applied mathematics at Cambridge University in England. From 1991 to 1996, he was Chief Scientist of Information International, Inc., continuing in that role at Autologic Information International. From 1987 to 1991, Mr. Caruso was a key member of the development team at Archetype, Inc., during which time it developed the original technology that evolved into today's NuDoc engine.

From 1985 to 1987, he was Software Manager of Drane Associations in Nashua, New Hampshire, and from 1983 to 1985 he was a Senior Computer Scientist for Carlisle Systems, Inc. Prior to Carlisle Systems, he was a founding employee and principal developer at Atex Media Solutions, Inc., where he developed the original editing and operating system software of the Atex publishing system.

Mr. Caruso holds a Ph.D. in Mathematics from the University of Chicago and a BS in Mathematics from MIT.

Stephanie Houde has been the lead designer of Pageflex products since their first release in 1998.

Before joining Pageflex, she spent six years as a member of the research staff in the Advanced Technology Group of Apple Computer, Inc. There, she lead projects aimed at developing new authoring tools and user interfaces for multimedia and 3D graphics applications. She published multiple papers on interaction design topics, and she frequently spoke at industry conferences.

Ms. Houde studied architecture at Wellesley College as an undergraduate and earned a master's degree in graphic design from The Massachusetts College of Art.

Rick Mohr has served as architect of the NuDoc engine and Director of NuDoc Development for Pageflex and its predecessors since 1993. He coordinates NuDoc design and development, enabling both Pageflex and its customers to create state-of-the-art publishing applications.

Mr. Mohr has published many articles in computer science journals and frequently speaks at industry conferences.

He received his Ph.D. in Computer Science from Yale in 1991.