James B. Hovis

JAMES B. HOVIS is President, CEO and a Director of Phlo Corporation. He
is responsible for the overall management of the company, including the
product development, sales, marketing, distribution, production and
financial functions. Additionally, Mr. Hovis directs the company’s
acquisition and financing activities. Previously, he was the Partner in
charge of the corporate practice at White, Blackburn & Conte, P.C., a
Richmond, Virginia-based law firm. Mr. Hovis has over 20 years of
experience involving a wide range of corporate types of financings and
refinancings (including debt and equity private placements), mergers,
acquisitions (including product acquisitions and leveraged and
management buyouts), divestitures, sales of assets or stock,
restructurings and reorganizations. Additionally, his professional
background has included a strong emphasis on developing business
entities in a number of different industries, and he has been published
in his area of expertise. During the period from 1983 to the present,
Mr. Hovis has served on a number of boards of developing companies. He
is a graduate of Davidson College and received his JD degree from the
T.C. Williams School of Law at the University of Richmond. Mr. Hovis is
a member of the Virginia State Bar.