-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Nol7WwpImj69ZOqgNUamSxQeYCKh2XWZ/sfSHPIsOLcwgTId8omPzWpbl7pu5Zps y5lfuvwKzsGGfL3KkFm2Qw== 0001012975-05-000023.txt : 20050209 0001012975-05-000023.hdr.sgml : 20050209 20050209150325 ACCESSION NUMBER: 0001012975-05-000023 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050209 DATE AS OF CHANGE: 20050209 GROUP MEMBERS: CCV II ASSOCIATES L.P. GROUP MEMBERS: COMMONWEALTH VENTURE PARTNERS II L.P. GROUP MEMBERS: JEFFREY M. HURST GROUP MEMBERS: JUSTIN PERREAULT GROUP MEMBERS: MICHAEL T. FITZGERALD GROUP MEMBERS: R. STEPHEN MCCORMACK, JR. FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: COMMONWEALTH CAPITAL VENTURES II LP CENTRAL INDEX KEY: 0001061585 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 20 WILLIAM STREET CITY: WELLESLEY STATE: MA ZIP: 02181 MAIL ADDRESS: STREET 1: 20 WILLIAM STREET CITY: WELLESLEY STATE: MA ZIP: 02481 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NeuroMetrix, Inc. CENTRAL INDEX KEY: 0001289850 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 043308180 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-80350 FILM NUMBER: 05588351 BUSINESS ADDRESS: STREET 1: 62 FOURTH AVENUE CITY: WALTHAM STATE: MA ZIP: 02451 BUSINESS PHONE: (781) 890-9989 MAIL ADDRESS: STREET 1: 62 FOURTH AVENUE CITY: WALTHAM STATE: MA ZIP: 02451 SC 13G 1 eformschedule13gneurometrix.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. ________________)* NEUROMETRIX, INC. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, $.0001 PAR VALUE - -------------------------------------------------------------------------------- (Title of Class of Securities) 641255104 ------------------- (CUSIP Number) DECEMBER 31, 2004 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1(b) |_| Rule 13d-1(c) |X| Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 13 pages - -------------------------------- ------------------------------------ CUSIP NO. 641255104 13G PAGE 2 OF 14 PAGES - -------------------------------- ------------------------------------ - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Commonwealth Capital Ventures II L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware Limited Partnership - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 shares BENEFICIALLY ------------------------------------------------------------ OWNED BY 6 SHARED VOTING POWER EACH REPORTING 718,215 shares PERSON ------------------------------------------------------------ WITH 7 SOLE DISPOSITIVE POWER 0 shares ------------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 718,215 shares - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 718,215 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN - -------------------------------------------------------------------------------- Page 2 of 13 pages - -------------------------------- ------------------------------------ CUSIP NO. 641255104 13G PAGE 3 OF 14 PAGES - -------------------------------- ------------------------------------ - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) CCV II Associates L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware Limited Partnership - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 shares BENEFICIALLY -------------------------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH REPORTING 718,215 shares PERSON -------------------------------------------------------------- WITH: 7 SOLE DISPOSITIVE POWER 0 shares -------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 718,215 shares - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 718,215 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN - -------------------------------------------------------------------------------- Page 3 of 13 pages - -------------------------------- ------------------------------------ CUSIP NO. 641255104 13G PAGE 4 OF 14 PAGES - -------------------------------- ------------------------------------ - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Commonwealth Venture Partners II L.P. - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware Limited Partnership 5 SOLE VOTING POWER NUMBER OF SHARES 0 shares BENEFICIALLY ------------------------------------------------------------ OWNED BY 6 SHARED VOTING POWER EACH REPORTING 718,215 shares PERSON ------------------------------------------------------------ WITH 7 SOLE DISPOSITIVE POWER 0 shares ------------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 718,215 shares - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 718,215 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN - -------------------------------------------------------------------------------- Page 4 of 13 pages - -------------------------------- ------------------------------------ CUSIP NO. 641255104 13G PAGE 5 OF 14 PAGES - -------------------------------- ------------------------------------ - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Michael T. Fitzgerald - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 shares BENEFICIALLY ------------------------------------------------------------ OWNED BY 6 SHARED VOTING POWER EACH REPORTING 718,215 shares PERSON ------------------------------------------------------------ WITH 7 SOLE DISPOSITIVE POWER 0 shares ------------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 718,215 shares - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 718,215 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - -------------------------------------------------------------------------------- Page 5 of 13 pages - -------------------------------- ------------------------------------ CUSIP NO. 641255104 13G PAGE 6 OF 14 PAGES - -------------------------------- ------------------------------------ - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Jeffrey M. Hurst - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 shares BENEFICIALLY ------------------------------------------------------------ OWNED BY 6 SHARED VOTING POWER EACH REPORTING 718,215 shares PERSON ------------------------------------------------------------ WITH 7 SOLE DISPOSITIVE POWER 0 shares ------------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 718,215 shares - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 718,215 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - -------------------------------------------------------------------------------- Page 6 of 13 pages - -------------------------------- ------------------------------------ CUSIP NO. 641255104 13G PAGE 7 OF 14 PAGES - -------------------------------- ------------------------------------ - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) R. Stephen McCormack, Jr. - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 shares BENEFICIALLY ------------------------------------------------------------ OWNED BY 6 SHARED VOTING POWER EACH REPORTING 718,215 shares PERSON ------------------------------------------------------------ WITH 7 SOLE DISPOSITIVE POWER 0 shares ------------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 718,215 shares - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 718,215 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - -------------------------------------------------------------------------------- Page 7 of 13 pages - -------------------------------- ------------------------------------ CUSIP NO. 641255104 13G PAGE 7 OF 14 PAGES - -------------------------------- ------------------------------------ - -------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Justin Perreault - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 shares BENEFICIALLY ------------------------------------------------------------ OWNED BY 6 SHARED VOTING POWER EACH REPORTING 718,215 shares PERSON ------------------------------------------------------------ WITH 7 SOLE DISPOSITIVE POWER 0 shares ------------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 718,215 shares - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 718,215 shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN - -------------------------------------------------------------------------------- Page 8 of 13 pages SCHEDULE 13G Item 1(a). NAME OF ISSUER: Neurometrix, Inc. (the "Issuer"). Item 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 62 Fourth Avenue, Waltham, MA 02451 Item 2(a). NAMES OF PERSONS FILING: Commonwealth Venture Partners II L.P., Commonwealth Capital Ventures II L.P., and CCV II Associates, L.P. (together, the "Entities") and Michael T. Fitzgerald, Jeffrey M. Hurst, R. Stephen McCormack, Jr. and Justin Perreault (together, the "Individuals" and together with the Entities, the "Reporting Persons"). Commonwealth Venture Partners II L.P. is the sole general partner of Commonwealth Capital Ventures II L.P. and CCV II Associates, L.P. The Individuals are the individual general partners of Commonwealth Venture Partners II L.P. Item 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address of the principal business office of each of the Reporting Persons is Bay Colony Corporate Center, 950 Winter St., Suite 4100, Waltham, MA 02451. Item 2(c). CITIZENSHIP: Each Entity a limited partnership organized under the laws of the State of Delaware. Each Individual is a citizen of the United States. Item 2(d). TITLE OF CLASS OF SECURITIES: Common Stock, $.0001 par value ("Common Stock"). Item 2(e). CUSIP NUMBER: 641255104 Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: Not Applicable. Item 4. Ownership. (a) Amount Beneficially Owned: As of December 31, 2004, Commonwealth Capital Ventures II L.P. is the record owner of 684,382 shares of Common Stock and CCV II Associates, L.P. is the record owner of 33,833 shares of Common Stock (referred to collectively as the "Record Shares"). By virtue of the affiliate relationships among the Reporting Persons, each Reporting Person may be deemed to own beneficially all of the Record Shares. Hence, each Reporting Person may be deemed to own beneficially 718,215 shares of Common Stock. (b) Percent of Class: Each Reporting Person may be deemed to own beneficially 6.0% of the 12,025,119 shares of Common Stock outstanding as of November 9, 2004 as reported on the Issuer's Form 10-Q for the quarter ending September 30, 2004. (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: See cover sheets. Page 9 of 13 pages (ii) shared power to vote or to direct the vote: See cover sheets. (iii) sole power to dispose or to direct the disposition of: See cover sheets. (iv) shared power to dispose or to direct the disposition of: See cover sheets. Each Reporting Person disclaims beneficial ownership of such shares of Common Stock or options to purchase Common Stock except for those shares or options, if any, such Reporting Person holds of record. Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. Not Applicable. Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Not Applicable. Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. Not Applicable. Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Not Applicable. The reporting persons expressly disclaim membership in a "group" as defined in Rule 13d-5(b). Item 9. NOTICE OF DISSOLUTION OF GROUP. Not Applicable. Item 10. CERTIFICATIONS. Not Applicable. This statement on Schedule 13G is not filed pursuant to Rule 13d-1(b) or Rule 13d-1(c). [REMAINDER OF PAGE LEFT BLANK INTENTIONALLY] [SIGNATURE PAGE FOLLOWS IMMEDIATELY] SIGNATURES After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Each of the undersigned also hereby agrees to file this statement jointly pursuant to the Agreement listed on EXHIBIT 1 hereto. Dated: February 1, 2005 CCV II ASSOCIATES L.P. By: Commonwealth Venture Partners II L.P. * --------------------------------- Michael T. Fitzgerald By: * * ----------------------------- --------------------------------- Michael T. Fitzgerald Jeffrey M. Hurst General Partner COMMONWEALTH CAPITAL VENTURES II L.P. * --------------------------------- By: Commonwealth Venture Partners II L.P. R. Stephen McCormack, Jr. By: * * --------------------------------- ---------------------------------- Michael T. Fitzgerald Justin Perreault General Partner COMMONWEALTH VENTURE PARTNERS II L.P. By: * ----------------------------- Michael T. Fitzgerald General Partner * The undersigned attorney-in-fact, by signing his name below, does hereby sign this statement on behalf of himself and the other above indicated filers pursuant to Powers of Attorney which are attached hereto as Exhibit 2 and incorporated herein by reference. /S/ JEFFREY M. HURST ----------------------------------- Individually and as Attorney-in-fact Page 11 of 13 pages EXHIBIT 1 AGREEMENT Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, the undersigned hereby agree that only one statement containing the information required by Schedule 13G need be filed with respect to the ownership by each of the undersigned of shares of Common Stock of Neurometrix, Inc. This agreement may be executed in any number of counterparts, each of which shall be deemed an original. EXECUTED this 1st day of February, 2005. CCV II ASSOCIATES L.P. By: Commonwealth Venture Partners II L.P. * --------------------------------- Michael T. Fitzgerald By: * * ----------------------------- --------------------------------- Michael T. Fitzgerald Jeffrey M. Hurst General Partner COMMONWEALTH CAPITAL VENTURES II L.P. * --------------------------------- By: Commonwealth Venture Partners II L.P. R. Stephen McCormack, Jr. By: * * --------------------------------- ---------------------------------- Michael T. Fitzgerald Justin Perreault General Partner COMMONWEALTH VENTURE PARTNERS II L.P. By: * ----------------------------- Michael T. Fitzgerald General Partner * The undersigned attorney-in-fact, by signing his name below, does hereby sign this statement on behalf of himself and the other above indicated filers pursuant to Powers of Attorney which are attached hereto as EXHIBIT 2 AND INCORPORATED HEREIN BY REFERENCE. /S/ JEFFREY M. HURST - ------------------------------------ Individually and as Attorney-in-fact Page 12 of 13 pages EXHIBIT 2 POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints each and any of Michael T. Fitzgerald, Jeffery M. Hurst, R. Stephen McCormack, Jr. and Justin Perreault his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities (until revoked in writing) to sign any and all instruments, certificates and documents required to be executed on behalf of himself individually or on behalf of each or any of Commonwealth Capital Ventures II L.P., CCV II Associates L.P. and Commonwealth Venture Partners II L.P. pursuant to sections 13 and 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and any and all regulations promulgated thereunder, and to file the same, with all exhibits thereto, and any other documents in connection therewith, with the Securities and Exchange Commission, and with any other entity when and if such is mandated by the Exchange Act or by the By-laws of the National Association of Securities Dealers, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary fully to all intents and purposes as he might or could do in person thereby ratifying and confirming all that said attorney-in-fact and agent, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 1st day of February, 2005. /s/ Michael T. Fitzgerald -------------------------------------------- Michael T. Fitzgerald /s/ Jeffrey M. Hurst -------------------------------------------- Jeffrey M. Hurst /s/ R. Stephen McCormack, jr. -------------------------------------------- R. Stephen McCormack, Jr. /s/ Justin Perreault -------------------------------------------- Justin Perreault -----END PRIVACY-ENHANCED MESSAGE-----