BOARD OF DIRECTORS

The Board of Directors and the Strategic Advisory Board of Crelogix is comprised of thought leaders, senior executives, and industry experienced professionals. The leadership team works closely with board members to develop strategies and enhance the company's value proposition for its business partners. The Board provides important insight about key trends and challenges both in this sector and in the general business market. The Board also provides input and feedback about the company's strategy and corporate development.

K. Wayne Cook, Chairman of the Board of Directors

Mr. Cook is Vice President, Credit for Servus Credit Union, Alberta's first province-wide credit union which was created through the merger of Common Wealth, Community and Servus Credit Unions. 2,000 employees serve 400,000 members in 64 communities through its 94 locations. Combined assets exceed $9 billion, making Servus the third largest credit union in Canada.

Wayne has over 30 years of banking experience, the majority of which has been within the Credit Union system where he has been, and is active on a National and Provincial level including the Board of Directors for CUETS, the National Lender's Advisory Board and as Chairman of the SME Partnership / Regulatory & Legislative Sub-committee. Mr. Cook is responsible for a diverse loan portfolio of $2.3 billion consisting of Commercial/Agriculture, Residential Mortgages and Consumer Loans.

Jim Case, Director

Mr. Case is responsible for all operational aspects of Travelers Financial Group, guiding strategic and tactical initiatives for the company. He began his career in finance with Citibank Canada. In 1984 he founded Benndorf Verster Leasing, a captive office equipment leasing company, and went on to found the Travelers Financial Group in 1986. Travelers Financial Group includes Travelers Financial Corporation, Travelers Structured Finance and Inovatec Systems Corporation. Mr. Case is board member of the National Automotive Finance Association, past board member of the Canadian Finance and Leasing Association and is an Ernst & Young Entrepreneur Of The Year ® 2006 Pacific Award recipient. Mr. Case and his team successfully completed the sale of Travelers Automotive Finance, Canada’s second largest special finance lender, to Scotiabank where he served as President and CEO of Scotia Dealer Advantage from 2007 to 2010.

Karl Sigerist, Director, President and Chief Executive Officer

Mr. Sigerist is directly responsible for setting the strategy and vision, developing the culture, building the team and allocating the capital resources of the company. Karl has a track record of managing growth and transforming traditional businesses within the information technology and financial service industries.

From 2004 to his current appointment, Karl was the Senior Vice President and Chief Operating Officer of the company and has been directly responsible for all operating activities of the company since that time. He became a Shareholder in the company in 2005. Karl's past leadership roles where at Credit Acceptance Corporation in the United Kingdom. eSupplies.com, CIT Group, Danka Business Systems PLC and Ikon Office Solutions.

Karl is an active on committees and volunteers at various trade and industry associations and currently serves on the Board of the Canadian Resort Developers Association.