INOVIUM POPS-On Demand Procure-To Pay System

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FEATURES AND BENEFITS

Our mission is to enable our customers to simplify, automate and accelerate their labor-intensive business processes, and gain real efficiencies and cost savings.

The development of the Inovium financial platform commenced in 2005 in response to continuous demand from companies who required reliable, user-friendly, and cost-effective means of automating their paper-intensive businesses processes such as accounts payable and accounts receivable, and later procurement workflows.

We have also created a corporate structure that combines industry experience and technical expertise, and a client-focused culture that delivers robust “CPA-Quality” Software-as-a-Service (also known as On Demand) solutions tailored to the individual business objectives of our clients. This is what helps Inovium continually meet and exceed client expectations.

Our Management Team:

Jules Kaplan

Chairman / Founder, has thirteen years of industry experience, including Founder / President of ChekFaxx
Development Co. Mr. Kaplan was also the Founder and President of M/D Systems, an Accounts Receivable
insurance preparation management company for the Medical Profession, which was successfully acquired by
Bristol Meyers in 1970. Mr. Kaplan was involved in several manufacturing companies as a CEO, was a field
Auditor for Internal Revenue Service and is a retired CPA. He has been actively involved in software
development since 1958. Mr. Kaplan developed the initial application for Inovium Corporation and is
responsible for the long-term vision of the company. Mr. Kaplan earned a B.Sc from the University of Southern
California in Business and Accounting.

Joseph Meshi

President/CEO, is a business management professional, specializing in technology companies. In the past 40
years Mr. Meshi has formed or managed more than a dozen diverse start-up and rapid-growth companies,
most with leading-edge technologies. He also turned around two failing companies These ventures ranged
from raw startups such as Conographic, to business units or divisions of Fortune 500 companies such as
Hughes Aircraft and AM International, to public companies such as Micro General. Mr. Meshi earned a B.Sc. in
Aerospace Engineering and a M.Sc. in Mechanical Engineering from the Polytechnic University, a M.Sc. in
Systems Management from the University of Southern California and an M.B.A. in Finance from the San Diego
State University.

Todd French

Chief Operating Officer, Executive Director of Marketing- recognized as an innovative and successful
entrepreneur, Mr. French has successfully launched a number of businesses with a concentration in unique
online marketing strategies and innovative business models. Mr. French is the founder and President of
StringWorks, one of the world’s leading violin-family stringed instrument retailers, and DaCapo Stringed
Instruments a musical instrument wholesaler. Prior to founding StringWorks and DaCapo, Mr. French served
as Director and Expert-in-charge of the Fine Musical Instrument department at Butterfields auction house
where he directed all efforts for appraisals, cataloguing as well as the auctioning of fine instruments.
Mr. French earned a B.M. in Cello Performance from Illinois Wesleyan University and an M.M. in Cello
Performance from the University of Southern California. He also currently serves as a professional cellist with
the Los Angeles Opera.

Sabin Posea

Director of Software Development, is a system engineering professional with awards won for programming
(e.g., UPB Award for Linux Programming). His area of expertise also covers automatic controls for both
software and hardware systems. Mr. Posea has earned his B.S. in Computer Science, Automatic Control
Systems (Genetic Algorithms Used for Route Optimization), at the University "Politehnica" in Bucharest,
Romania. Mr. Posea has been involved in the development of Inovium systems since the company's inception.

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