Xcelerator Capital Limited

Andy Semple - Managing Director and Chairman

Andy is the founder and Managing Director of ANDIKA Pty Limited (www.andika.com.au), an investment advisory company and Australian Financial Services Licensee (No 297069). Andy has more than 13 years experience in the Australian securities and derivatives industry.

Prior to founding ANDIKA Pty Limited, he founded and remains the Managing Director of ANDIKA Trading Pty Limited, an investment education company whose clients have included the ASX and private investors. Andy Semple holds a Bachelor of Commerce from Bond University and Bachelor of Science from the University of Southern Queensland. He is a Master member (Stockbroking) of the Securities & Derivatives Institute of Australia (MSDIA).

He is an awarded financial markets presenter and is the author of the book, Options Made Easy (Published by Zeus Publications 2002. ISBN 1 920699 201). Andy was the Lecturer of Corporate Financial Risk Management, School of Accounting and Finance, Griffith University Gold Coast, (tenure July 2003 - November 2003) and Lecturer of Investment Analysis, School of Accounting and Finance, Griffith University Gold Coast, (tenure February 2002 - June 2002).

He has held qualifications as a Registered Representative of Ord Minnett, a Licensed Securities Dealer and Level 1 and 2 Derivatives accreditation status with the Australian Stock Exchange. Andy is a former adviser at JB Were & Son and adviser at PJW Stock & Share Brokers Pty Limited.

Andy Semple is also chairman of the Investment Committee.

Lachlan Semple - Director and Secretary

Lachlan Semple holds a Bachelor of Commerce (University of Queensland), Graduate Diploma of Education (University of Queensland), Diploma of Financial Planning (Deakin) and Graduate Diploma of Compliance (Charles Sturt). Lachlan has over 10 years of experience in the financial services industry, including roles as a financial planner, compliance manager and technical manager. He has authored the 'planning to retire' chapter of the CCH Master Financial Planning guide for 3 years and is an industry speaker at conferences and seminars on financial planning concepts.

Lachlan Semple is also a member of the Investment Committee.

Tony Porter - Director

Tony Porter has a high level of expertise managing discrete portfolios, trading in financial markets and analysis. His expertise covers an extensive range of investment management areas, including large and small capitalisation companies and derivatives, and relates specifically to the integration of investment processes and disciplines involving fundamental analysis, technical analysis, and behavioural finance.

With more than 10 years investment management experience in financial markets, Tony has a strong background in advising and management of risk adjusted returns within investment portfolios.

While trading in 1995, he took up a position as a stockbroker with Pembroke Josephson Wright. Six years later, he moved to Salomon Smith Barney, the equity markets division of Citigroup, where he worked until 2004. Tony Porter is a founder and Director of Porter Capital Management Pty Limited (www.portercapital.com.au).

Tony Porter is also a member of the Investment Committee.

Andre Marschke - Non-Executive Director

Andre was previously a Stockbroker with Smith Barney Citigroup, Hartleys and Pembroke Josephson and Wright. Over the course of his career, Andre was involved in a wide range of investment management areas including derivatives, short-selling, protected equity, and small cap stocks. He was a Level 2 Accredited derivatives adviser and holder of an ASX SEATS licence. Andre has significant experience in all aspects of financial markets trading and analysis gained through ten years trading experience.

He holds a Bachelor of Economics degree from the University of Queensland and a Graduate Diploma in Applied Finance and Graduate Diploma in Technical Analysis from the Securities Institute of Australia. Andre Marschke is a founder and Director of Scintilla Capital Pty Limited (www.scintillacapital.com.au).

Andre Marschke is also a member of the Investment Committee.

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