Corporate Governance

Mark W. Blodgett has been a member of the Board of Directors and an executive officer of the company since 1989 and maintains overall responsibility for daily operations and strategic planning. Prior to joining StockerYale, Mr. Blodgett was president of August Capital Corporation a private merchant bank (1988-89), was corporate vice president at Drexel Burnham Lambert, Inc. in New York (1980-88) and was an associate in the area of mergers and acquisitions for the European American Bank from 1979 to 1980.

Mr. Blodgett is actively involved in the Young President's Organization (former New England Chapter Chairman) and serves on Board of Directors of various not-for-profit organizations. Mr. Blodgett holds an MA Honors in Economics from the University of St. Andrews in Scotland.

Timothy P. Losik was appointed COO/CFO on January 7, 2008 with responsibility for all day-to-day operations across the Company's worldwide operating units and to head its financial organization. Mr. Losik, is a veteran of the technology sector with nearly 14 years of executive-level experience in financial and operations management and served as the Chief Financial Officer at Bluesocket, Inc., a privately held provider of enterprise mobility solutions provider prior to coming to StockerYale, Inc.

In his most recent role at Bluesocket, Inc., Mr. Losik was responsible for the company's financial management, acquisition evaluation and had supply chain and operations management responsibilities, where he achieved major improvements in product costs and product time-to-market. Prior to Bluesocket, he was Vice President of Operations and Chief Financial Officer of Globalware Solutions, Inc., a privately held supply chain management company. From 2002 to 2004, Mr. Losik was Chief Operating Officer and Chief Financial Officer of Omtool, LTD., Nasdaq-listed software company, where he was instrumental in leading a turnaround and restructuring program. From 1986 to 2000, Mr. Losik served in various positions at Hadco Corporation, a NYSE-listed advanced printed circuit manufacturer, including Senior Vice President of manufacturing and Senior Vice President and Chief Financial Officer and ultimately as the Senior Vice President of global printed circuit board (PCB) operations at Sanmina-SCI upon Hadco's acquisition by Sanmina-SCI in December 2000.

Raymond J. Oglethorpe is currently President of Oglethorpe Holdings, LLC, a private investment company, and has served on the Board of Trustees of The George Washington University since 1999. Mr. Oglethorpe served as President of America Online, Inc. from 1992 until his retirement in 2002. Prior to that time, Mr. Oglethorpe was responsible for directing the domestic and international sales, marketing and client service organization of Redgate Communications, a subsidiary of America Online, Inc. Mr. Oglethorpe has been a member of the Board of Directors of the Company since 2000. Mr. Oglethorpe has been designated by the independent members of the Board of Directors as Lead Director of the Company.

Dietmar Klenner is a co-founder and, since March 2004, Managing Partner of Argus Wealth Management AG. From July 2002 until February 2006, Mr. Klenner was Managing Partner of Meridian Global Advisors, which he also co-founded. From December 1989 until June 2002, Mr. Klenner worked for KS Securities Asset Management, which he co-founded and where he served as Chief Executive Officer and Managing Partner. Mr. Klenner has been a member of the Board of Directors of the Company since 2003.

Mr. Byatt has been an investment professional for twenty five years, starting his career at Ivory & Sime, Edinburgh in 1984. He has spent time living in Japan, Europe and Africa. From 1991 to early 1998 he managed the Gartmore US Small Company funds from London. These were among the largest and most successful investment funds of their type at the time. He was a Principal of Gartmore Investment Management Limited. In late 1998 he founded Eagle & Dominion Asset Management, and launched two new investment funds, principally to invest in growth companies in the US and Europe. In late 2006 he was appointed Senior Managing Director Bear Stearns Asset Management, London, and headed the Global Growth Equity Team there until early 2008. The Eagle & Dominion funds were restructured in May 2007 to be able to invest in global growth companies. He continues to be a Director of these funds. During 2009 he undertook the planning and launch of The Foundation of Prince William and Prince Harry, and is currently its Chief Executive.