Richard Ferrari

Richard Ferrari has served on our board of directors since March 2007. Mr. Ferrari is the Co-Founder and Managing Director of De Novo Ventures, a healthcare investment firm dedicated to medical devices and biotechnology. Mr. Ferrari also serves as a faculty member of the Stanford Biodesign Emerging Entrepreneurs Forum, as well as a board member for the Stanford Coulter Foundation for Translational Medicine. From October 1995 to May 1999, Mr. Ferrari co-founded and served as the Chief Executive Officer of CardioThoracic Systems, Inc. (CTSI), a surgery medical technology and device company. From January 1990 to June 1995, Mr. Ferrari served as the CEO of Cardiovascular Imaging Systems (CVIS), a developer of ultrasound imaging. Mr. Ferrari holds a B.S. from Ashland University and an M.B.A. from the University of South Florida. We believe that Mr. Ferrari is qualified to serve as a member of our board of directors because of his technical knowledge, extensive leadership experience at medical technology companies and the historical knowledge and continuity he brings to our board of directors.