Laurence Levy - Regency Affiliates Chairman, CEO and Pres

Mr. Laurence S. Levy is Chairman of the Board of Directors, President, Chief Executive Officer of Regency Affiliates Inc. Mr. Levy founded the predecessor to Hyde Park Holdings, LLC in July 1986 and has since served as its Chairman. Hyde Park Holdings, LLC is an investor in middle market businesses. Mr. Levy serves as an officer or director of many companies in which Hyde Park Holdings, LLC or its affiliates invests. Presently, these companies include OzburnHessey Logistics LLC, a national logistics services company, of which Mr. Levy is a director Derby Industries LLC, a subassembly business to the appliance, food and transportation industries, of which Mr. Levy is chairman PFI Resource Management LP, an investor in the Private Funding Initiative program in the United Kingdom, of which Mr. Levy is general partner and Warehouse Associates L.P., a provider of warehouse and logistics services, of which Mr. Levy is Chairman. During the past five years, Mr. Levy has served on the Board of Directors of two public companies Rand Logistics, Inc. Rand Logistics, Inc., a NASDAQ listed company which provides bulk freight shipping services throughout the Great Lakes region, of which Mr. Levy is chairman of the board and chief executive officer, and Essex Rental Corporationration, a NASDAQ listed company and one of North Americas providers of latticeboom crawler crane and attachment rental services, of which he is chairman of the board. Mr. Levy is a director of Sunbelt Holdings, Inc., a distributor of wine and spirits. Mr. Levy received a Bachelor of Commerce degree and a Bachelor of Accountancy degree from the University of Witwatersrand in Johannesburg, South Africa. He is qualified as a Chartered Accountant since 2002.