Jay H. Golding

Mr. Golding has more than 30 years of international business experience. In 1974, Mr. Golding founded and became President of Products Industries Corporation (“PIC”). PIC was an international trading company with offices in eleven Southeast Asian countries, distributing chemicals and synthetic resins for major American manufacturers.

Through an affiliated company, he engaged in the custom packaging of dry chemicals, synthetic resins and plastics under contract to major American and European chemical companies. In 1981 these companies merged into Hi-Port Industries, Inc., a contract manufacturer of liquid, chemical-based, consumer products. Hi-Port was a NASDAQ listed company, and Mr. Golding served as its President until January 1985 when he was elected by the Board of Directors to Chairman of the Board and Chief Executive Officer. Hi-Port became the largest contract manufacturer of chemical-based aerosol, solid stick, and liquid consumer products in North America. Hi-Port’s largest customers were Proctor & Gamble, Gillette, Exxon, BASF and Unilever.Mr. Golding also co-invested with Falcon Seaboard Oil Company and developed gas-fired electrical power plants built under supply contracts with major American utilities. Falcon built approximately $700 million in electrical power plants prior to its sale. Mr. Golding's background also includes real estate holdings and venture capital investing.