Peter Tolnai

  

Peter Tolnai is founder and President of Orchard Capital Group Inc., an angel venture capital fund.  Mr. Tolnai established Orchard in June 1997 to invest in technology companies which can benefit from the managerial assistance provided by Mr. Tolnai as well as relationships with Orchard's angel investors, all of whom are or have been CEO's of major companies.

From January 1995 until he founded Orchard, Mr. Tolnai was a Vice-President of Citibank Venture Capital based in Toronto.  From 1990 to 1995, Mr. Tolnai was Managing Director of Clairvest Group Inc., a publicly-traded merchant bank which managed $200 million in assets.  From 1982 until 1990, Mr. Tolnai was Vice-President and Partner in Helix Investments Limited, a $200 million venture capital fund with investments in software, telecommunications and medical technology companies.  Prior thereto, Mr. Tolnai was a principal in a software applications company.

Mr. Tolnai is a director and non-executive Chairman of Cimtek,  Inc.(www.cimtek.com) in Burlington, ON, and a director of EquipNet LLC (www.equipnet.com) in Canton, MA.

Mr. Tolnai earned a Master in Business Administration from Harvard Business School and a Bachelor of Arts from Queen's University.

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