Senior Management

	Richard Pierce President & CEO Dick Pierce is a technology start-up company executive with experience in growing companies from early stage to significant revenue with multiple successful exits. He has direct experience in software, Internet search, enterprise, mobile, networking, infrastructure and semiconductor companies. Pierce comes to Raydiance after most recently serving as CEO of Orbital Data Corporation which offers solutions to speed the delivery of software applications over wide area networks (WANs). Prior to heading up Orbital, Pierce was Executive Vice President and COO of Inktomi Corporation, a search and software infrastructure provider. During Pierce’s tenure, Inktomi’s revenues grew to over $250 million in five years, culminating in a public offering in 1998. Pierce began his career at Intel, where he spent 15 years in a variety of executive roles for microprocessors, microcontrollers and software.
	William R. Beyer COO/CFO William (Bill) Beyer serves as the company’s chief operating officer and chief financial officer. In the latter capacity, he leads the company’s financial initiatives to ensure growth and fiscal stability. Bill brings to Raydiance more than 20 years of blue-chip, professional experience with a deep history in fund raising, mergers and acquisitions, business development and operations. He has served as CFO of multiple emerging technology companies. Mr. Beyer has closed more than $265 million in private equity financings and has conducted commerce in over 20 countries worldwide. Recently, Bill served as CFO and treasurer of Bitfone Corporation driving the company to profitability and to a successful acquisition by Hewlett-Packard. In addition to his tenure with Bitfone, he has served as CFO of Vollee, Inc. and Mahi Networks. Prior to his roles as CFO, he served as Regional Vice President of International Business Development and Finance of Advanced Fibre Communications, Inc. (NASDAQ: AFCI, now TLAB). He joined AFC before the Company’s Initial Public Offering and actively participated in the offering process. Mr. Beyer is a C.P.A., formerly with Arthur Andersen LLP. He holds a Bachelor of Science in Commerce degree in Accounting from Santa Clara University.
	Michael M. Mielke Chief Scientist Dr. Mielke is Chief Scientist at Raydiance.  He has more than ten years experience in the field of ultrashort pulse (USP) lasers spanning fundamental research through commercial product development and applications.  He joined Raydiance in its infancy and helped lead the company from incubator stage to market leader in cutting-edge USP lasers.  Dr. Mielke earned the Bachelor of Science degree in Physics from the University of Florida and the Doctor of Philosophy degree in Optics from CREOL at the University of Central Florida, where he garnered numerous research and leadership accolades including the Grand Prize in the Optical Society of America/New Focus Award competition.
	Philippe Brak Senior Vice President, Sales Philippe Brak comes to Raydiance from GSI Group, where he was vice president and general manager of the laser group. Brak has over 20 years of senior executive experience in the optical and microelectronics manufacturing industries. Prior to his work at GSI, Brak served as President and CEO of NP Photonics. He played an instrumental role in transforming NP Photonics from a technology-driven organization into a customer/market-oriented organization. Under his tenure, the company became cash flow positive. Brak was previously Vice President of Sales and Marketing at Gigabit Optics, an integrated photonics company, where he brought customer focus to the forefront, resulting in over 40 customers and more than 20 design wins. Earlier in his career, Brak served as Vice President and General Manager of the OEM Business Unit of Spectra-Physics, Inc. During the course of his 16-year tenure there, he excelled in numerous roles, including Director of Sales & Service for North America, OEM Sales Manager Europe, Sales & Service Manager Benelux, and Sales Engineer. Brak brings strong international expertise to Raydiance and is fluent in four languages. He has a proven track record of growing profitable businesses in a wide variety of markets.