WILLIAM L. SCHRADER Chairman and Chief Executive Officer, PSINet Inc. William L. Schrader is chairman of the board of directors, chief executive officer, and founder of PSINet, one of the world's largest and most experienced commercial Internet service providers. Publicly traded on the NASDAQ market as PSIX, PSINet operates in 12 countries, serves over 50,000 companies, and offers a broad suite of advanced Internet and Web service products. Mr. Schrader has authored numerous position statements, spoken in industry events, and appeared on Capitol Hill to present industry and corporate position on such issues as Internet encryption, the domain name system, and the Communications Decency Act. In addition, he has participated in panel discussions of industry trends and issues on mainstream electronic media such as CNBC, MSNBC, FNN, First Business, and TechnoPolitics. As PSINet CEO, Schrader has been instrumental in the formation of such industry groups as the Commercial Internet Exchange (CIX), the Internet Society (ISOC), and the Internet Operators Group (IOPS.ORG). He is also the driving force behind PSINet's innovative peering initiative for U.S. Internet service providers. Prior to forming PSINet in 1989, Mr. Schrader was founder, president, and chief executive officer of NYSERNet, a corporation that created the first regional Internet network, providing networking services to university, corporate, and government communities in New York state. Earlier, Mr. Schrader was director and founder of the Northeast Parallel Architectures Center at Syracuse University, a research organization for advanced parallel supercomputing technology. Previously, Mr. Schrader was executive director and co-founder of the Cornell Theory Center, where he helped plan and build the $100 million supercomputer center that supports basic research in computational science and engineering. At the Theory Center, he led the development of the NSFNET Backbone Network to connect the national supercomputer centers, which became the basis for the NSFNET system. Mr. Schrader earned a bachelor of science degree in biology from Cornell University, as well as completing graduate work in business and finance.