Demetrios Chr. Klonis

Mr. Klonis holds a Ph.D. degree in Economics from the University of London and has received a number of education awards and scholarships from the Greek government, the Bank of Greece, and the "Alexander S. Onassis" Foundation. Mr. Klonis served as a Senior Economist in the Research Department of the Bank of Greece until March 1994, an Assistant Professor at Deree College from 1987 to 1997, and a Member of the Council of Economic Advisors to the Mayor of Athens from 1990 to 1992. Mr. Klonis joined INTRACOM in April 1994 as Deputy General Manager of Corporate Finance and Administration and has been the INTRACOM Group's Chief Financial Officer and Member of the Board of Directors since October 1995. Mr. Klonis was elected member of the Boards of Directors of INTRACOM HOLDINGS in February 2006 and INTRACOM TELECOM in July 2006, and Vice Chairman of the Board of Directors of INTRACOM DEFENSE ELECTRONICS in February 2006. Mr. Klonis had held also the position of Vice Chairman of the INTRACOM Group from March 2004 to February 2006. Mr. Klonis is also Chairman of the Boards of Directors of the companies UNIBRAIN S.A. and KEKROPS S.A., both of which are listed on the Athens Stock Exchange, and a Member of the Board of Directors of INTRACOM's subsidiaries, as well as INTRALOT and OMEGA BANK S.A.