Shawn C. Fabry

SHAWN C. FABRY is the Chief Financial Officer of IPEC Holdings Inc. Mr.
Fabry holds a Bachelor of Science degree in Accounting with a minor in
Business Administration. Mr. Fabry began his career with Arthur Andersen
LLP where he spent three years as a Senior Auditor. From 2002 to 2003,
he worked as an Audit Manager for Ernst & Young LLP, Pittsburgh,
Pennsylvania, serving a prominent SEC client base and a focus on
strategic finance for developmental stage corporations. Mr. Fabry is a
member of the American Institute of Certified Public Accountants and the
Pennsylvania Institute of Certified Public Accountants. He is also
involved in various civic activities in Cranberry, Pennsylvania and is a
Certified Public Accountant.