In line with our goals for aggressive growth I am happy to announce that Hugh Bolton joined Shim Enterprise last month as President, reporting to myself. Mr. Bolton is responsible for all operations of the company, as well as leading our growth strategy for the future. Mr. Bolton brings a wealth of knowledge and experience to Shim including active participation in two initial public offerings, multiple acquisitions, and building and leading Air Force and Intelligence Community business practices in excess of $100 million.

Before joining SHIM, Mr. Bolton was Senior Vice President and General Manager at NCI information Systems where he led their Air Force and National Security Programs Group. Prior to NCI, Mr. Bolton held executive positions with The Sytex Group, Inc. (TSGI) and MTC Technologies.

Before entering the corporate world, Mr. Bolton served as an Air Force officer managing the acquisition, deployment, and operation of highly sensitive Intelligence, Surveillance, and Reconnaissance systems. During his tenure, Mr. Bolton worked a number of Air Force and National level systems in various positions including serving as the Program Manager for Advanced Technology Sensors and as Director of Software Engineering for the Joint Services Imagery Processing System (JSIPS).

Mr. Bolton received his Bachelor of Science degree from the United States Air Force Academy and holds a Master of Science from The Air Force Institute of Technology. He resides with his wife, Bonnie, and their two children in Dayton, OH.

Please join me in welcoming Hugh to our team.

Thank you,

Errol Shim

Chairman/CEO Shim Enterprise