Greg W. Cappelli

GREG W. CAPPELLI joined Credit Suisse First Boston in April 1997. He is
a Managing Director and Senior Analyst responsible for heading the
research coverage of CSFB’s Global Services Team, where his focus
includes the Business Services and Educational Services sectors of the
economy. Mr. Cappelli ranked first place (1998-2000) in the
Institutional Investor All-America Research Teams in the Educational
Services category. He also ranked first place in the 2000 and 2001
Greenwich Associates survey of CEOs and CFOs. He has testified before
the Senate Committee for the Web-based Education Commission Hearing in
Washington, DC, and is frequently quoted in the press. Prior to joining
Credit Suisse First Boston, Mr. Cappelli was a Vice President and Senior
Research Analyst with ABN AMRO. He holds a BA in Economics from Indiana
University and an MBA in Finance from Dominican University, where he
graduated with honors.