MANAGEMENT

MANAGEMENT EXPERIENCE

Dr. Irving Weinberg

(Director, Chairman of the Board, Chief Scientific Officer and Medical Advisory Board Member)

Dr. Irving Weinberg has worked in the Positron Emission Tomography field for over 20 years. His early career began as an experimental plasma physicist at the University of California at Irvine, working then as a postdoctoral scholar with PET pioneers Drs. Michael Phelps and Ed Hoffman. Dr. Weinberg eventually decided to cross over to the clinical field where he took his medical degree at University of Miami. He completed a radiology and nuclear medicine residency at the Johns Hopkins Hospital, working with pre-eminent nuclear physician Dr. Henry Wagner. Dr. Weinberg subsequently enrolled as a fellow in the fledgling Imaging Oncology program run jointly by Johns Hopkins and the U.S. National Institutes of Health. While at the NIH, Dr. Weinberg performed the first clinical studies using a PET scanner dedicated to breast imaging, and initiated other projects in breast-specific gamma cameras. He formed a company called Naviscan PET Systems, Inc. of Rockville, Maryland, to commercialize this technology (“Positron Emission Mammography”, or “PEM”), which was recently financed by venture capitalists. As a partner with IMAGIN Diagnostic Centres, IPT acquired the exclusive rights for PEM devices in Canada in 2005, along with non-exclusive worldwide distribution rights. Dr. Weinberg joined QMT, an IPT affilate, in order to promote molecular imaging on a global scale, and to assist IPT in its goal of improving affordable access to PET technology for Canadian citizens and abroad.

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David J. Olinoski

(Director, President and CEO)

David J. Olinoski brings to IPT more than 30 years of sales and management experience and has held various senior management and sales positions with high-tech companies in both Canada and Europe. Mr. Olinoski has extensive experience with business development and has been successful launching new products and services into competitive markets.

Mr. Olinoski joined CareImaging, Ontario’s first private PET Scan Clinic and a IPT affiliate, in 2003 as Director of Marketing and was instrumental in implementing an effective patient acquisition and MD referral strategy, which helped to grow the business from start up to profitability. As President of CareImaging, Mr. Olinoski directed the development of numerous ground-breaking projects in Canada such as Mobile PET, PEM (Positron Emission Mammography), and Tissue Assay services as well as developing an expansion plan for PET clinics into various other Canadian markets.

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Yuri Perevalov

(Vice-President)

Yuri Perevalov brings to IPT extensive experience in strategic and financial analysis and planning. He joined IPT in April 2006, after two years with one of the affiliated companies of IMAGIN where he served as the director of analysis and planning. From 2000 to 2004, Yuri Perevalov was the financial analyst and subsequently, senior financial analyst in a group of telemarketing companies. During 25 years prior to that, Yuri Perevalov worked for a Russian economic think-tank, the Institute of Economics of the Russian Academy of Sciences (Ural Branch), holding positions from a junior economist to the deputy director of economic research and providing consultant services in strategy and finance to federal and provincial governments and public companies. Mr. Perevalov holds a Bachelor of Science Degree from the Ural State Technical University and both a Master of Economics degree and a Doctorate degree in Economics from the Russian Academy of Sciences.

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Dr. Anthony C. Nicholls

(Director and Medical Advisory Board Member)

Dr. Anthony (Tony) C. Nicholls is an independent consultant with over 30 yrs experience in medical devices and diagnostics research. He has lectured in 45 countries of the world on subjects varying from the rapid diagnosis of Sepsis, Tuberculosis and Aids to vaccine production, environmental responsibility and entrepreneurship. He co-founded FAS Medical Ltd., and as CEO, raised CDN$6m, achieved a listing on CDNX and established sales of the company’s products in 21 countries. Previously he was CEO of Trinity Biotech PLC and oversaw a successful IPO on NASDAQ. Earlier, Tony held senior management posts with Cambridge Biotech Corp. (Exec. VP), Biotech Research Labs Inc. (President & COO), Fisher Scientific (Senior VP. & Gen. Manager), Ciba Corning Medical (Director, New Technology Development) and Flow General (International Scientific Director). Tony’s academic career included seven years as Head of Microbiology and Immunology at the Midhurst Medical Research Institute in Sussex, England, from where he published numerous papers on tuberculosis, pneumonia and sepsis.

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Cynthia Jordan

(Director, Treasurer and Secretary)

Ms. Jordan is the current President and CEO of IMAGIN Diagnostic Centres, Inc. For the past six years Ms. Jordan has been a venture capital investor and managing director of an international merchant bank, Euroland Bancorp (LTD) headquartered in the Netherlands. Ms. Jordan is an investor in IMAGIN and is assisting them in the development of the concept to introduce private-pay PET, CT and MRI imaging into the Canadian market.

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Corey Conn

(Director and Chairman of the Finance Committee)

Mr. Conn is the Chief Financial Officer of Positron Corporation, a developer and manufacturer of PET scanners and of Imagin Molecular Corporation, a holding company in nuclear medical PET manufacture and imaging centers companies. Mr. Conn also serves on the Board of Directors on Imagin Molecular Corporation. Mr. Conn has served as Managing Director of Virtual Partnerships, LLC, a business development and business strategy consulting firm. Previously, Mr. Conn was Vice President of Business Development at iXL, an e-business and e-transformation services provider from June 1996 to June 1999. Prior to joining the above companies focusing on nuclear medicine, Mr. Conn was on the Board of Directors of Uniloc, Inc., from April 2000 through 2002, a developer of security systems for web-based media content.

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MEDICAL ADVISORY BOARD

Dr. David Webster

(Chairman of the Medical Advisory Board and Board Director)

For a 10 year-term ending in 2003, Dr. Webster was the Director of Diagnostic Nuclear Medicine and Nuclear Cardiology at Sudbury Regional Hospital and from 2001 to April 2005 he was the President of the Ontario Nuclear Medicine Association. Presently, Dr. Webster is on the Board of Directors for the Canadian Society of Nuclear Medicine (CSNM), International Society of Clinical Densitometry (ISCD) and The National Cancer Survivors Registry.
Dr. Webster has completed positron emission tomography (PET) training with numerous well-renowned Nuclear Medicine specialists across North America and has given 14 lectures on PET over the past two years. Starting in 2002, Dr. Webster has been the Chief Clinical Investigator for Ontario’s only private PET Centre, CareImaging, in Mississauga, Ontario.

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Dr. Kevin Tracey

(Medical Advisory Board Member)

Dr. Kevin Tracey for the past 15 years has been Chief of Nuclear Medicine at Hotel Dieu-Grace Hospital in Windsor, Ontario. Dr. Tracey is the past President of the Hotel Dieu-Grace Hospital representing the medical staff. Dr. Tracey is currently the Secretary-Treasurer of the Ontario Association of Nuclear Medicine and an Adjunct Professor on the faculty of the University of Western Ontario Medical School. Dr. Tracey was an active member of the PET Steering Committee sponsored by the Ontario Ministry of Health. Dr. Tracey is extensively published on PET and radiopharmaceutical procedures.

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Dr. Ronn Goldberg

(Medical Advisory Board Member)

Dr. Ronn Goldberg is a board certified diagnostic radiologist with specific expertise in Cancer Imaging, 3-D Imaging and CT technology and was most recently the Chief of Radiology at North York General Hospital. Dr. Goldberg is a graduate of the Rotman MBA, School of Business, University of Toronto with medical training in Cleveland, Ohio and Toronto, Ontario.

Dr. Goldberg has had extensive experience in medical marketing, medical capital acquisition and organizational dynamics and has consulted in medical technology, biotechnology, and e-medicine. Co-founder of Imaging Complete, a medical services technology firm with global aspirations. Dr. Goldberg maintains a focus on new medical technologies and safe and effective patient care.