Pierre Schwuchow

Vice President Finance, HR & IT (Kaufm. Leiter/Prokurist) - Staff responsibility for 8 employees in Finance, HR & IT - Responsibility for periodic US-GAAP Reporting - Profound Quarterly Variance Analysis Reporting - Responsibility for SOX-404 Compliance - Development and continuous improvement of internal Reporting - Development and monitoring of KPI’s - Preparation of Quarterly Sales, P&L and B/S Forecasts

Finance Manager (Kaufm. Leiter) - Staff responsibility for 8 employees in Finance and Controlling - Areas of concentration: Project Controlling, Accounts Receivables/Cash Management, Key Performance Indicator Development and Tracking, Monthly Reporting IAS

- Responsible for leading the Sales Organization Germany & Austria, responsibility for a total of 15 employees - Stabilization of Sales Revenue and Profit Contribution despite overall market decline - Development of new channels in the market segment of digital passport systems, especially opticians, hairdressers and driving schools. As a result sales in this area were increased by 60% vs. prior year

- Areas of concentration: Budgeting, Forecasting, Cost Center Reporting for Facilities, IT, Logistics, Marketing, HR, Quality Management and General Administration - Achieved 1,0 million USD savings of the Facilities budget - Managed to save 0,5 million USD of the budgeted IT spending - Preparation of presentations for Board Meetings and internal Business Reviews

Investition und Finanzierung / Marketing