Douglas E. Steiner

DOUGLAS E. STEINER is Chairman and Chief Executive Officer of Versus
Technologies, Inc. Mr. Steiner began his career in Retail Sales at
Dominion Securities in 1980 and his responsibilities included equity
research and retail marketing until 1982. Upon completion of his
Master’s Degree, he returned to the firm in 1985 as a professional
trader to do hedge trading for the firm’s book using personally
developed software. Mr. Steiner became Vice President in 1987 and was
appointed a Director in 1989, responsible for proprietary quantitative
strategies and equity derivatives. Additional responsibilities included
design and implementation of equity trading systems for the firm. He was
co-designer of the Toronto 35 Index and served as Governor of the
Toronto Futures Exchange from 1987 until 1992. Mr. Steiner is on the
Advisory Board of the Toronto Community Foundation and is a member of
the Investment Committee of the Workplace Safety Insurance Board of
Ontario. He received his BA in Economics from the University of Western
Ontario in 1978 and an MBA from IMD Lausanne, Switzerland in 1983, where
he wrote his thesis on machine analysis of foreign exchange arbitrage.
Mr. Steiner has been married since 1983, has two children and lives in
Toronto.