Ms. Margaret S.C. Johns, Founder, Managing Director

Ms. Johns, Founder and Managing Director of BlueLake Partners, has over 20 years of experience in finance. From 1986 until 2000, Ms. Johns was a Managing Director at Needham & Company, an emerging growth investment bank, where she was co-head of the Boston Office and created and ran the Private Placement practice. While at Needham, Ms. Johns' clients included: Ambit Design Systems, Photronics, Solectron, StorageTek, Verisity and Western Digital. Prior to Needham & Company, Ms. Johns was with Harrison Capital, a venture capital firm and wholly owned subsidiary of Texaco, and Sandia National Laboratories, where she was a Member of the Technical Staff.

Ms. Johns holds an MBA from Harvard Business School, an MS in Applied Mechanics from Stanford University and a BS in Material Sciences from the Columbia University School of Applied Science and Engineering.

Mr. R. Stephen Cheheyl

Mr. Cheheyl is a seasoned executive with over 25 years of experience in the computer and data communications industries. His career includes companies ranging in size from start-ups with no product or sales to multi-national corporations with over $6 billion in revenue. Mr. Cheheyl was the financial officer responsible for three separate initial public offerings including Applicon, Alliant and Wellfleet's, follow-on offerings, numerous private financings and a series of mergers and acquisitions. Mr. Cheheyl served as Senior Vice President of Finance and Administration at Wellfleet Communications. While he was with the company, it grew from $10 million in revenue to over $500 million in just four years.

Since retiring as Executive Vice President of Business Operations at Bay Networks, a $2 billion data networking company formed through the merger of Wellfleet and Synoptics Communications, he has become a private investor and consultant. Steve is currently a member of the board of directors for 2 privately held and 2 publicly held technology companies. Mr. Cheheyl earned his undergraduate degree from Dartmouth College and his M.B.A. from Northwestern University.

Mr. Harris Ravine

With more than 20 years of business experience in a wide range of markets, Mr. Ravine has established a track record for serving as a catalyst for successful growth. He has held a number of senior positions with Storage Technology, BMC Industries and Andataco. At Storage Technology Mr. Ravine served as Chief Financial Officer, General Counsel and Executive Vice President. During his tenure he led the restructuring of the company when it emerged from Chapter 11, in the process raising over $500 million in equity and equity related instruments.

In addition, he has acted as an advisor, either as a member of the Board or counsel with Control Data, Honeywell and MCC. Currently, Mr. Ravine serves as Chairman to several private venture-backed companies and serves as an adviser to Telecom Partners. He holds both a BA and JD from the University of Minnesota.