Derek Dunaway has been our director since June 16, 2011 and our President and Chief Executive Officer since December 19, 2008. He was a consultant to us from May 2007 until he became the President and Chief Executive Officer of CTI in February 2008. Mr. Dunaway came to us from WNL Associates, where he was a digital media industry consultant involved in due diligence, strategic consulting and fund raising, from 2006 to 2008. Prior to that, from 2000 to 2006, he was the CEO and President of Techonline, a provider of online education and online media services to the electronics industry. Mr. Dunaway holds an M.B.A. from the Wharton School of Business of the University of Pennsylvania and received his B.A. from Southern Methodist University.

Michael Bielonko has been Chief Financial Officer and Secretary of Cyalume since December 19, 2008 and Chief Financial Officer and Secretary of CTI since January 23, 2006. From 2005 until he joined CTI, he was employed as the Chief Financial Officer of CTM Group, Inc., a New Hampshire based company servicing equipment in malls and at tourist sites. From September 1999 until December 2004, Mr. Bielonko served as the Chief Financial Officer of Omni Facility Services, a New York City based provider of facility maintenance services. Mr. Bielonko served as a Director of Omni Facility Services Canada, Ltd., a Toronto based facility maintenance company from May 2006 to June 2008. Mr. Bielonko has a B.S. and an M.B.A. from the University of Connecticut.

Edgar (Earl) Cranor has been the Vice President-Technology of CTI since January 23, 2006. Previously, he was employed by CTI in a variety of positions, including serving as the Vice President of Research and Development. Mr. Cranor joined CTI in 1993, with the acquisition of the Chemical Light Division of American Cyanamid, where he had served as Director of Operations. Mr. Cranor has a B.S. in Chemical Engineering from Auburn University. He is responsible for nearly all of CTI's current patents.

Thomas McCarthy has been the Vice President-Government & Military Division of CTI since 1998. Mr. McCarthy joined CTI upon his retirement from the military. Mr. McCarthy is a Lieutenant Colonel (retired) with 20 years distinguished service in the U.S. Army. His last position was as Battalion Commander. Mr. McCarthy has a B.A. in International Relations from Cornell University and an M.S. in Business Administration from Boston University.

Monte Pickens has been our Executive Vice President since August 1, 2010. Mr. Pickens was previously employed by The Allied Defense Group, Inc., from 2002 to 2010, where he served as Executive Vice President and Chief Operating Officer. Prior to The Allied Defense Group, Inc., Mr. Pickens served as a Vice President of T. Marzetti Company, a subsidiary of Lancaster Colony, from 1994 to 2002. Mr. Pickens served twenty-four years with the U.S. Army, retiring as a Colonel in 1992. During his military career, Pickens served as an infantry and military police officer and interfaced with law enforcement organizations on all levels.