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Leadership Team

PATRICK WHITE
Chief Executive Officer and Director
Mr. White was named to his current positions in August 2002. A former financial services and printing industry executive, he had previously spent 23 years at Rochester Community Savings Bank, which was later acquired by Charter One Bank. During his tenure, the bank grew from an $800 million private thrift to a $2 billion publicly held institution. Since 1989, Mr. White operated four printing companies, updating his original traditional offset printing companies to a state-of-the-art digital imaging operation. Since 1990, he worked in the research and development of various document security technologies and began marketing security print products in 1994. He holds both a Bachelor of Science degree, in Accounting, and an MBA from Rochester Institute of Technology.

MICHAEL T. HUGHES
Senior Vice President and General Counsel
With a diverse background including securities law, merger and acquisitions, corporate governance and general corporate law, Michael Hughes brings significant legal experience to Document Security Systems. As Senior Vice President of Business Development and General Counsel of DSS, Mr. Hughes oversees all legal affairs of the company and is responsible for developing and fostering new strategic relationships with large corporations worldwide.

Prior to joining DSS, Mr. Hughes was in private legal practice with clients that included Document Security Systems, IDT Corporation as well as assorted hedge funds. Before private legal practice, he worked at the law firms of McDermott, Will & Emery LLP in New York City, and Lowenstein Sandler in New Jersey.

He holds a Bachelor of Science in Computer Information Systems, cum laude, from University of Scranton and holds a Juris Doctor from Rutgers Law School in Newark.

TERRY CARLISANO
Vice President of Sales
Terry Carlisano serves as Vice President of Sales for Document Security Systems. He has over 20 years of progressive experience in sales, marketing, and operations, and has been recognized for his exceptional organization building skills as well as his ability to motivate others.

As Vice President of Sales, Mr. Calisano is responsible for revenue growth, new and existing business development, implementing strategic sales programs, finding new sales channels and opportunities across multiple industries, and managing the company's national direct sales force.

Prior to joining Document Security Systems, Mr. Carlisano was Manager, Global Accounts at Cisco Systems. He grew revenue directly or through channel partners for numerous accounts, and consistently surpassed his annual quotas. In addition to his background with large organizations, Mr. Carlisano has spearheaded two start-up companies.

DAVID WICKER
Vice President, Operations and Technology
In his current position, Mr. Wicker is responsible for product awareness and developing business solutions for clients' documents and brand packaging. From 1991 to 1998, as a member of the Wicker Group, he was involved in security printing licensing and implementation of newly patented technology to 104 forms printers in 6 countries. His work included development of trade techniques designed to provide easy use of secure technologies, which were implemented through on-site technical training for web press operators around the country. In October 1995, Mr. Wicker was awarded U.S. patent # 5,454,598 for perforations designed to thwart fraud.

In 1995 Mr. Wicker created Document Security Consultants, Inc. (DSC) to sell and design security documents containing Wicker technologies. From 1995 to 2001, Mr. Wicker was involved in a number of document security initiatives. These included the development of Wicker2000 technology to combat the newer color copier threat, and a "safety paper" concept containing Wicker2000 technologies. Mr. Wicker successfully introduced "safety paper" to over 400 paper distributors worldwide. In 2002, Mr. Wicker sold DSC to Document Security Systems, Inc.

In addition to his innovative contributions to the development of document security technologies, Mr. Wicker brings over 24 years experience in the commercial printing industry.

MICHAEL CATON
Chief Technology Officer, Research and Development / Emerging Technologies
In his current position, Mr. Caton is responsible for implementing and servicing the technical needs of the DSSI patented anti-counterfeiting system with licensees. Joining Document Security Systems in 2004, he worked closely with Thomas Wicker and the late Ralph Wicker in the development of some of the most sophisticated anti-counterfeiting technology in the world for documents such as currency, car titles, and travelers checks. His work also included new product development and the further refinement of existing patents.

Mr. Caton has over 24 years experience in the pre-press and printing industry of which 20 has been in the security field. Prior to officially joining DSSI, he was a part owner of Document Security Consultants. In this capacity he consulted for the Wicker Group and Thomas Wicker Enterprises while continuing his work for a variety of large printers and pre-press houses.

PHILIP JONES
Vice President of Finance and Treasurer
Mr. Jones is a CPA and holds an MBA from Rochester Institute of Technology. He has 13 years experience in both the public and private accounting and finance sectors, including positions at Arthur Anderson and PricewaterhouseCoopers, American Fiber Systems (Controller), and Zapata (NYSE:ZAP)(Accounting Manager and Director of Finance). Prior to his role at Document Security Systems, Mr. Jones was Controller at American Fiber Systems, Inc. (AFS), a rapidly growing telecommunications company based in Rochester, NY. At AFS, he was responsible for all facets of financial and accounting management with anticipation of an Initial Public Offering. At Zapata, Mr. Jones was responsible for all SEC reporting requirements, which included the successful spin-off and IPO of the company's Internet subsidiary.

At Document Security Systems, Mr. Jones combines his technical SEC reporting experience with his hands-on operational skills required for a rapidly growing company, including directing systems and process implementations and general financial controls critical to a high growth company.