agreement with Drawbridge Special Opportunities Advisors LLC, an affiliate of the Fortress Investment Group (NYSE, FIG), and a consulting agreement with Laurus/Valens, an alternative asset manager. Under these agreements, BIG is responsible for the sourcing, due diligence, acquisition, origination, management, servicing, disposition of investments (including debt, equity, and other assets) located in BIG’s network.
Previously, Mr. Bendis served as chairman, president and CEO of True Product ID, Inc., a global publicly traded anticounterfeiting technology company (NASDAQ, TPID) headquartered in Philadelphia, which he relocated to Beijing, China. Mr. Bendis also founded and served as the first president and CEO of Innovation Philadelphia (IP), a public/private partnership dedicated to growing the wealth and workforce of the Greater Philadelphia Region. IP managed an umbrella of programs under four distinct areas: Direct Equity Investment/Financing Assistance; Technology Commercialization; Global and Regional Economic Development; and Market Research and Branding. Mr. Bendis continues to serve on the IP Board.
Previously, Mr. Bendis successfully leveraged a career in the private sector (with Quaker Oats, Polaroid, Texas Instruments, Marion Laboratories and Kimberly Services) and the venture capital industry (RAB Ventures) to build the Kansas Technology Enterprise Corporation (KTEC). As its president and CEO, he developed KTEC into a globally recognized model for technology-based economic development. Mr. Bendis also successfully built an Inc. 500 health care software company, Continental Healthcare Systems, Inc., which he took public on NASDAQ and later sold to an international conglomerate. In addition, Mr. Bendis managed his own venture capital fund, RAB Ventures, which made 15 investments in early-stage technology and healthcare companies.
Mr. Bendis is a frequent, international consultant and speaker to the United Nations, NATO, and the European Commission, national and international technology-based economic development industry organizations and other global enterprises. Mr. Bendis serves on several not-for-profit boards including the National Association of Seed and Venture Funds (NASVF) and the State Science and Technology Institute (SSTI), both of which he was a founding board member. He was a nominee for the 2005 Ernst and Young National Entrepreneur Supporter of the Year Award (EOY) and was the 1996 recipient of the Regional Ernst and Young Entrepreneur of the Year Award; he currently serves as an EOY National Judge. He also serves on the board of FlagshipPDG (NASDAQ, PDGE).
Mr. Daniels is currently the vice president of technology for BP Solar and is accountable for programs that span the development of alternative sources of
* Biographies as of April 2009, distributed at symposium.