Stephen Rochereau is a Managing Director of
SpaceVest. Previously, Mr. Rochereau co-founded a merchant bank and buy-out fund primarily
focused on businesses developing system products in networking. Mr. Rochereau was also a
principal and financial officer of small manufacturing companies in various technology
areas. Mr. Rochereau was a marketing manager with Burroughs (now Unisys) at its system
software subsidiary, System Development Corporation. Prior to Burroughs, Mr. Rochereau was
affiliated with International Energy Associates (now part of Ogden) in a project finance
role, and with Booz·Allen & Hamilton, Inc., in a financial management consulting
capacity. He completed his BA in International Financial Economics at the Institute of
Political Sciences, Paris, France; graduated with an MBA in Industrial Marketing and
Finance from the Graduate School of Business Administration, Chamber of Commerce of Paris,
France; and received his PhD in Systems Analysis and Planning from Cornell University.