M. S. Koly

M.S. KOLY has been Chief Executive Officer and Treasurer of Delcath
since 1998 and has served as a Director since 1988. From 1987 until June
1998, Mr. Koly managed Venkol Ventures, L.P. and Venkol Ventures, Ltd.,
firms he co-founded with Dr. Herschkowitz. From 1983 to 1987, Mr. Koly
was President of Madison Consulting Corporation, a firm he founded. From
1978 to 1983, Mr. Koly was President of Becton-Dickinson Respiratory
Systems. Prior to that time, he held various senior management positions
at Abbott Laboratories, Stuart Pharmaceuticals and National Patent
Development Corp. He received a BA from American University and an MBA
in Marketing and Finance from Northwestern University.