At ProfitLine, our Board of Directors and Client Advisory Board play a crucial role in ensuring that we are poised to meet the current and future demands of an ever evolving marketplace.

• Board of Directors
  A powerful blend of top-tier venture capital and executive experience in the telecom and software sectors, with a proven track record in achieving profitable growth, both organically and through acquisition.


• Client Advisory Board
  IT and telecom executives representing our prestigious clients who provide practical feedback to improve systems and processes, add valuable functionality and enhance our comprehensive range of services.

Board of Directors

RICK VALENCIA
Chairman
Rick founded ProfitLine in 1992, and has been the chairman of ProfitLine since its first round of funding in 2001. With the goal of helping clients navigate the complicated world of telecom expense management, he has grown the company into a multi-million dollar enterprise with dozens of large enterprise and government clients. Prior to founding ProfitLine, Rick was a partner and owner of ACI Investments, a commercial real estate brokerage and investment firm. Before that, Rick founded InterLink, a database matching service for buyers and sellers of real estate. He was one of the early pioneers of the telecom expense management industry and is a nationally recognized speaker on the topic.

Rick earned his B.S. in business administration/finance from California State University, Northridge.

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ANDREAS SCHENCK
Chief Executive Officer of ProfitLine, Inc.
Formerly serving as ProfitLine’s COO and Executive Vice President of Business and Client Development, Andreas has since been promoted to Chief Executive Officer where he will continue to challenge ProfitLine to deliver even more value and strategic insights to its clients. Prior to joining ProfitLine, Mr. Schenck served as chief divisional officer at VoIP carrier Nobel LLC, where he was responsible for leading the sales growth of its global business units. Prior to that, he was the general manager of the Americas for Digiquant/Intec, an Internet services and VoIP billing company, where he was responsible for starting and leading the Americas business unit.

He is a member of UCSD's Connect program as an Entrepreneur-in-Residence and coaches young companies on growth and funding strategies.

Andreas earned his B.S. in mechanical engineering at Southern Methodist University in Dallas, TX.

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DOUGLAS C. CARLISLE
Managing Director, Menlo Ventures
Doug joined Menlo Ventures in 1982. At Menlo, Doug focuses primarily on early-stage communications and software companies. His recent investments and board seats include: ProfitLine, BrightLink Networks, Cyras Systems, GoDigital Networks, Lantern Communications, LuxN, RC Networks, Appshop, Open Solutions, and printCafe. His prior investments and board seats include: Hotmail Corporation; Carrier Access Corporation (CACS); Efficient Networks (EFNT); Pyxis Corporation, and Kalpana. Prior to Menlo Ventures, Doug worked as a design engineer at ROLM Corporation.

Doug earned his B.S. in electrical engineering from the University of California, Berkeley, his M.B.A. from Stanford University School of Business, and his J.D. from Stanford University Law School.

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ERIC S. BYUNN
Principal, FTVentures
Eric joined FTVentures in 2002 and currently has investment responsibilities in software. Prior to joining FTVentures, Eric was Director of Online Services at myCFO, a startup wealth management firm. He joined myCFO from America Online, where he held several roles including management of Netscape's Personal Finance Channel. Prior to the acquisition of Netscape by AOL, Eric led product management for the Netscape Navigator browser. He has also worked at Microsoft and at McKinsey & Company, where he primarily worked with telecommunications clients. Eric currently serves on the boards of Cloudmark and Global Market Insite.

Eric received an AB summa cum laude from Harvard University, where he focused on economics and computer science, and an MBA from the Stanford Graduate School of Business, where he was an Arjay Miller Scholar.

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ROBERT L. NORTH
Former President, Chief Executive Officer and Director of HNC Software Inc.
Bob brings his expertise in providing strategic guidance for B2B enterprise software companies to ProfitLine's board. As CEO, president and director of HNC Software from 1987 to 1999, he grew the company from start-up to successful IPO. Bob has served as a director on a number of boards for growing companies, including Digital Insight, Peerless Systems Corporation, a publicly held software-based imbedded imaging systems company, and Abacus Direct Corporation, a publicly held company that provides information and research to the direct marketing industry, which was acquired by DoubleClick in 1999. For 21 years, Bob was employed by TRW, most recently as vice president and general manager of the Electronics Systems Group. Prior to that time, he was a member of the technical staff for the Satellite Central Office of Aerospace Corporation.

Bob earned his B.S. and M.S. in electrical engineering from Stanford University. He has also completed executive management programs at the University of California at Los Angeles and Stanford University.

Client Advisory Board

ProfitLine's first priority is the satisfaction of our clients. The Client Advisory Board is a critical element in ensuring that we are listening to our clients' needs, understanding their challenges and pain-points, and using their feedback to improve our systems and processes, add valuable functionality and enhance our comprehensive range of services. The CAB meets regularly with senior members of ProfitLine's executive team to share best practices and perspectives in a practical and constructive roundtable debate.

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