David E. Steel

From 2003 until December of 2008, Mr. Steel was the President and Chief Executive Officer of Pensar Electronic Solutions, a diversified electronics design and manufacturing services company (“PES”). PES was purchased by LaBarge, Inc. (“LaBarge”)(AMEX: LB) in December 2008, and since that time, Mr. Steel has been the General Manager of the LaBarge operation in Appleton, Wisconsin, that was formerly PES.

Prior to becoming the CEO of PES, Mr. Steel was the site General Manager for Surface Mount Technology Centre (SMTC), which acquired Pensar Corporation (“Pensar”) in 2000. Mr. Steel joined Pensar Corporation in 1987 and was appointed Chief Financial Officer in 1994 and held that position until the SMTC acquisition in 2000. Prior to joining Pensar, Mr. Steel held a senior level position with a prestigious regional accounting firm.

He holds a license as a Certified Public Accountant and is a member of the American Institute of Certified Public Accountants and the Wisconsin Institute of Certified Public Accountants. In addition, Mr. Steel has served on a variety of corporate and civic Boards during his tenure with Pensar and SMTC. Mr. Steel received a Bachelor of Science in Accounting from the University of Wisconsin – Eau Claire in 1982.