PEOPLETEC PROMOTES MR. WILLIAM P. ELLIOTT TO VICE PRESIDENT

August 21, 2009

We are pleased to announce the promotion of Mr. William P. (Bill) Elliott to Vice President adding his capabilities to our executive leadership team at PeopleTec. His background includes over twenty five years of engineering and management experience supporting DoD organizations including the US Army's Space and Missile Defense Command (USASMDC) and the PEO Missiles and Space. His experience includes systems engineering, missile systems analysis, weapon systems lethality assessments, sensor systems analysis, tactical high energy lasers testing, and program management.

Mr. Elliott served as a Vice President for MEVATEC (acquired by BAE SYSTEMS) and served as the Deputy Program Manager for the USASMDC SETAC effort and as Director for Technology. His group provided technical and programmatic support to the Army's High Energy Laser programs and the High Energy Laser Test Facility at White Sands Missile Range in New Mexico. Mr. Elliott received a B.S. in Mechanical Engineering from the University of Alabama in Huntsville and a M.S. in Engineering. He also holds BS in C&BA from the University of Alabama with an emphasis in Corporate Finance and Investment Management.