THE INVESTORS

The investors in Orchard are a unique group.  All the investors currently are, or have recently been, Presidents of companies with revenues between $10-250 million.  All the investors are very active in various businesses and are in the prime period of their careers. All have been investors in many other private equity deals.  The backgrounds of the investors is provided below:

George Butterfield
George Butterfield is founder and CEO of Butterfield & Robinson, an active travel company which operates luxury biking and walking tours on six continents.  Mr. Butterfield is also Chairman of Butterfield & Vallis, a food distribution company in Bermuda and a past President of The Canadian Club. 

James Butterfield
James Butterfield is President & COO of Butterfield & Vallis, the largest food distribution company in Bermuda, and the Hamilton Warehouse Company.  Mr. Butterfield is a director of several other Bermuda companies including Bermuda Electric Company, the electrical utility.  Mr. Butterfield represented Bermuda in rowing in the 1972 Olympics in Munich.

Michael de Pencier
Micheal de Pencier is Chairman & CEO of Key Publishers Company which has ownership in several magazines including Toronto Life, Where Magazines, International and Canadian Geographic, as well as the book publishers Owl Books and Key Porter Books.

Bryan Kerdman
Bryan Kerdman is a Managing Partner of Edgestone Venture Partners, which manages $1.2 billion in private equity and venture capital. From 1980 through 1995, Mr. Kerdman was President and founder of Bryker Data Systems which provided transaction processing services to large financial, government and commercial clients.

Ken Priestman
Ken Priestman is President of AutoClaimco, a firm which provides outsourced services to insurance companies. During 2001-2003, Mr. Priestman was the worldwide President of the Young Entrepreneurs Association.

Derek Riley
Derek Riley is a consultant with Y2 Marketing, a company offering a new approach to marketing and advertising services.  Previously, Mr. Riley was Vice-President of BDP, which provides outsourced transaction processing services to Fortune 500 companies.

Greg Wolfond
Greg Wolfond was Chairman and CEO of 724 Solutions Inc. (TSE: SVN & NASDAQ: SVNX) which operates in the wireless transactions processing space.  724 Solutions had one of Canada's most successful IPO's in 2000, raising over $179 million, and soon thereafter achieving a market capitalization of over $11 billion.  Previously, Mr. Wolfond was founder and CEO of Footprint Software, a banking applications software firm which was acquired by IBM in 1995.

Henry Wolfond
Henry Wolfond is Chairman & Co-Founder of Bayshore Capital Technologies, an investment company focused on the application of information technology in financial services. Bayshore Capital has been an investor in and operator of several very successful companies including 724 Solutions, Footprint Software and iMoney.

Bill Young
Bill Young is President of Social Capital Partners, a philanthropic organization which makes investments in not-for-profit community organizations which can achieve tangible and financially quantifiable targets.  Previously, Mr. Young was President and CEO of The Hamilton Group Limited, a TSE-listed computer services firm with operations in Canada, China and the USA.