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Board of Directors

WILLIAM (BILL) BOYD

Mr. Boyd joined Muzak , the world's leading provider of music and on-hold messaging and a fixture of the American soundscape over 30 years ago as a sales representative. Soon thereafter, Mr. Boyd became a vice president of the Muzak operations owned by the parent company and then purchased his own Muzak franchise, building it into the largest in the world achieving market domination in the background music industry.

In 1997, after selling his business, Mr. Boyd became CEO of Muzak, LLC. During his four-year tenure, Muzak grew from $80 million in revenue to $250 million. In 2001, Mr. Boyd was named the Ernst and Young Regional Entrepreneur of the Year. Harvard Business School is currently in the process of developing a case study on Muzak and the rebuilding of its brand during Boyd's tenure as CEO.

Currently, Boyd is an executive in residence at Queens University of Charlotte and is a part of the Leaders in Action speaker series. In addition, he is affiliated with the following organizations and companies:

  • Agility Recovery Solutions, Chairman of the Board
  • iVerify, Chairman of the Board
  • ScentAir, Board of Directors
  • Ironwood Equity Partners, Board of Advisors
  • Muzak Focus Four, Owner & Board of Directors


R.PHIL ZOBRIST

Mr. Zobrist a longtime leader in the food/beverage and property management business was President of Las Vegas Ice and Cold Storage (MR. ICE) from 1970 thru 1999. As President, he took the company from 160K in sales in 1970 to 8 Million in 1999. In 1999 the company was sold to Reddy Ice for 6 Million in stock. Retained ownership of the 125,000 square foot facility and leased the plant and building to Reddy Ice 1200 Formaster, Inc.

In 1980 purchased Valley Food Distributors of Las Vegas, Nevada, through leveraged buyout from family of our previous generations (father and uncles) and took sales from 13 million in 1980 to 135 million in 1996. Mr. Zobrist negotiated the sale of the facility to Marcor Development (Rio Hotel) through a 1031 Exchange and then worked with the City of Las Vegas to re-develop the 22 acre site for a new 150,000 square foot distribution facility. Served as Project Coordinator for all construction phases and then in 1996 negotiated the sale of the company for 76 million (including buildings and property to U.S. Foodservice.

In addition, Mr. Zobrist is affiliated with the following companies:

  • 1980-2003 - Country Inn Restaurants, served as Corporate Director and with the Operations partners, liquated the properties and negotiated the sale of two buildings to CVS Drug Stores and the Memphis Championship BBQ for a total sales of 12 Million.
  • 1997 - Tenaya Center LLC was formed to build and construct a shopping center (Wild Oats Marketplace) and in 2007 sold for $18,500,000.
  • 2000 - CEO of Fruit-A-Freeze, Inc. (national fruit bar sales and manufacturing company) where Mr. Zobrist took company from 15 Million in sales to 25 Million and sold in 2003 to Cool Brands International.
  • 2005 - Purchased 14 acres and developed and built an 85,000 square foot facility that was sold to Good Will Superstores for $8,250,000 (presently the 80,000 square retail center is 75% leased).
  • 2007 - became an Angel Investor in Greffex, Inc. developing a Bio-Tech application for Organ Transplantation that does not require the need for anti-rejection medication. In 2008 was nominated to serve as a member of the Board of Directors.
  • Currently worked with Nigro Development to develop 44 acre shopping center in Cedar City, Utah and developing three strips centers in the Arizona area.


MARK SPAGNOLO

A veteran of the communications industry, Mark Spagnolo has held senior and executive management positions for startups and Fortune 500 companies, including president of the Infotainment strategic business unit of Electronic Data Systems (EDS), and CEO and president of UUNET. At UUNET, Spagnolo significantly increased revenues and profitability, while increasing margins and expanding operations in 29 countries.

Following UUNET, Spagnolo was the CEO and chairman of SiteSmith, a managed services company that delivered outsourced Internet services to the Global 1000 until it was acquired by Metromedia Fiber Networks (MFN) in 2001. Spagnolo was subsequently named president and CEO of MFN. He restructured MFN from three separate entities into a unified company resulting in substantial cost reductions, enhanced customer satisfaction and increased revenue.

In 2002 he founded the Spagnolo Group, LP, a management consulting firm, under whose auspices he served as interim CEO for Flag Telecom, assisting with the company's restructuring upon its emergence from bankruptcy. Spagnolo also evaluated the acquisition of Broadwing Communications from Cincinnati Bell and was named CEO upon the close of the transaction. There, he built an industry-leading executive team, restructured operations to achieve significant improvement in gross margins, and improved annualized revenues through increased sales productivity and the successful acquisition and integration of Focal Communications.

Mr. Spagnolo received a Bachelor of Science degree in industrial engineering from Newark College of Engineering.