ABOUT US

Board of Directors

Chairman: Mr Lindsay Yelland:

Lindsay is a senior executive with extensive experience in the management, sales and marketing of technology-based companies in Australia, Asia Pacific and North America. His professional roles have included seven years at Telstra Corp. where he was Group Managing Director responsible for Corporate sales and service and prior to that the Group Managing Director for Products and Marketing. He was Chairman of On Australia (Big Pond) and Telstra Saturn (NZ) and on the Board of Telstra Multi-Media Pty Ltd. In addition to being a director of Yambay, Mr. Yelland is a current board member of PaperlinX Pty Ltd, Ideas International Inc, Legion Interactive Pty Ltd and a member of the Advisory Board of Fujitsu Australia. He is a member of the Australian Institute of Company Directors and The Australian Computer Society.

Mr Stephen Simpson:

Stephen Simpson was founder, Director and CFO of Radiata from March 1998 until its sale to CISCO in February 2001.

Radiata was formed in early 1998 to design, produce, develop and market integrated circuit chips sets, software, antennas and reference designs based on its core competency in broadband wireless. Radiata was the world leader in high-speed wireless LAN technology and was the first company in the world to successfully produce working chip sets conforming to the IEEE Standard. At Radiata, Stephen's responsibilities and activities included:

- Responsibility for the financial management of the Group
- Secured the initial Australian Government Start Grant of $750,000 in May 1998
- Established the Silicon Valley offices, including all financial, employment, legal and tax requirements
- Flipped the Australian Group up to a USA Delaware Corporation and established the Staff Share Option Plan
- Raised the Series A round of US$10 million in September 1999
- Single handedly closed the Series A round within 4 weeks of signed term sheet with Cisco Systems and Broadcom Corporation
- Secured a second Australian Government Start Grant of $5.3 million in August 2000
- Negotiated the sale of Radiata to Cisco Systems for an Australian record price of $596 million in November 2000
- Managed the due diligence and closure of the sale to Cisco Systems involving all the shareholder, employee, legal and taxation aspects of the deal.

- Prior to his time with Radiata, Stephen worked with a number of companies including:
BORAL Limited - Divisional General Manager/Managing Director
TMG International Limited - Director London Operations and Finance
National Grid Company Plc - General Manager Strategic Planning & Asset Management
Heron Motor Group - General Manager Corporate Development
Stinoc Limited - Managing Director
Extrusion Machine Company Pty Ltd - Founder, Director Business Development, CFO
Price Waterhouse & Co. - Senior Auditor
Stephen Simpson is a CPA and Fellow of the Institute of Chartered Accountants

Mr David Bell:

David Bell is a director and advisor to a number of Australian and Asian based companies specializing in the technology and financial markets sectors. His background is in the management and development of businesses in the technology sector with special emphasis on those companies looking to serve the Financial Markets space, being an area where David Bell has over 20 years direct business experience.

David Bell is Chairman of "Four Bells Consulting Services". Based in Sydney, he has brought together a group of highly qualified associates working together to achieve excellence in the areas of business strategy, change management, project analysis and risk mitigation, architecture and enterprise applications integration.

David Bell's previous experience covers management roles in the information, technology, telecom and banking sectors throughout Australia, Asia and the US.

CEO: Mr Bruce Lyman Company Co-Founder:

Bruce served in the Royal Australian Air Force for twenty years, retiring as an intelligence officer. As a specialist officer seconded to the Department of Foreign Affairs and Trade (DFAT), exposure to and involvement in government trade negotiations sparked business interest. A graduate of James Cook University (BA, South East Asian Studies) and the University of New South Wales (MA, Defence Studies) he has extensive project management and corporate leadership experience in and out of government service. A member of the Australian Institute of Company Directors.