Rich Masterson - rich@masterson.com

Richard (Rich) Masterson is an entrepreneur active in technology, real estate, hospitality, philanthropy and private equity.

Since 1999, Masterson has successfully developed over $150 million of real estate in Florida, Pennsylvania, Canada, Costa Rica and New Jersey. Projects range from land development in Costa Rica and single-family homes at the Jersey shore to luxury condominium projects and a five-star hotel in the four-season resort of Mt Tremblant Canada. His principal role is Chairman and CEO of Masterson Development.

Masterson is Chairman of Groupe Avantage, a Canadian based lifestyle real estate development firm and the principal owner of Chateau Beauvallon (www.chateaubeauvallon.com), a 70 room condo hotel in Mt Tremblant, Quebec Canada. He is also a partner in 333 Sherbrooke (www.333sherbrooke.com) the premier luxury condominium project in downtown Montreal. In the fall of 2006 he launched the largest multiple listing service in Costa Rica (http://www.costa-rica-mls.com/) and announced the creation of Group Costa Rica and Group Costa Rica Law, a real estate and real estate law firm catering to North American investors.

From 1999 to 2004 Masterson served as Chairman of GivingCapital. By partnering with Wall Street clients such as Morgan Stanley, Solomon Smith Barney and others, GivingCapital raised over $400 Million for charity before being acquired by Kintera, a publicly held company focused on philanthropic services.

Rich's private equity interests include being a limited partner in Cross Atlantic Capital Partners (www.xacp.com), a venture capital firm with offices in Pennsylvania, London and Ireland. He is also investing in proprietary Internet marketing technologies and writing a book entitled "Selling the Google Way" (late 2006).

In 1994 Masterson founded US Interactive, an internet professional services firm with clients including Microsoft, IBM, American Express, Disney, Toyota and the US Senate. US Interactive completed its initial public offering in 1999 and Masterson was recognized as one of the pioneers in online marketing. Prior to starting US Interactive Rich was President of The American Lease Exchange, the first business-to-business advertiser on Prodigy Interactive Personal Service, an online videotext joint venture of IBM and Sears.

Masterson is active in philanthropy and is currently developing a magazine dedicated to active donors and philanthropists titled American Benefactor. He has previously served on the board of numerous charitable organizations including The National Philanthropic Trust, The Philadelphia Orchestra, The Wellness Community of Philadelphia. Rich endowed the first full business school scholarship at James Madison University in honor of his father Thomas Masterson. The scholarship requires all graduates of the business school to participate in a case study entitled "Ethics in Business" and one student is selected for the scholarship annually.

Masterson currently serves on the Board of Advisors of Radnor Trust Company (www.radnortrust.com) and was previously a trustee to Emerald Mutual Family of Funds.

He is a graduate of James Madison University and the Executive Program of Harvard Business School and was named the first "Entrepreneur in Residence" of the Wharton School at the University of Pennsylvania. He lives with his wife and two children in Lower Gwynedd, Pennsylvania.