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<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV style="FONT: 10pt arial">
<DIV> DEAR AIBECERS</DIV>
<DIV> </DIV>
<DIV>STARTING WITH THE SUMMER SEMESTER AIBECS CLASSES WILL BEGIN AT 7:30 AN GO
UNTIL 10:30 IN THE EVENING.ALSO AIBEC IS PLANNING TO OFFER AT LEAST FOUR COURSES
ON SATURDAYS IN THE FALL 2007 SEMESTER.</DIV>
<DIV> </DIV>
<DIV>AIBEC KNOWS THAT MOST OF YOU HAVE VERY BUSY SCHEDULES AND WANT TO MAKE IT'S
SCHEDULE AS ACCOMMODATING AS POSSIBLE FOR YOU. </DIV>
<DIV> </DIV>
<DIV>YOURS TRULY,</DIV>
<DIV>ART FRANCZEK</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV style="FONT: 10pt arial">
<DIV> </DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>
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<TD
style="BORDER-RIGHT: #ece9d8; PADDING-RIGHT: 1.5pt; BORDER-TOP: #ece9d8; PADDING-LEFT: 1.5pt; PADDING-BOTTOM: 1.5pt; BORDER-LEFT: #ece9d8; WIDTH: 520.9pt; PADDING-TOP: 1.5pt; BORDER-BOTTOM: #ece9d8; BACKGROUND-COLOR: transparent"
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<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><I
style="mso-bidi-font-style: normal"><SPAN style="COLOR: #333399"><FONT
face="Times New Roman"> DEAR AIBECERS</FONT></SPAN></I></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><I
style="mso-bidi-font-style: normal"><SPAN style="COLOR: #333399"><FONT
face="Times New Roman">REGISTRATION IS OPEN FOR THE SUMMER 2007
SEMESTER THAT BEGINS ON MAY 14TH. AS USUAL DR. JOHN SPEIR WILL BE COMING
BACK TO RUSSIA FROM UNIVERSITY OF HARTFORD . DR SPEIR WILL TEACH
MANAGERIAL ECONOMICS (REQUIRED COURSE) AND OPPERATIONS MANAGEMENT
(REQUIRED COURSE). DR SPEIR HAS BEEN TEACHING AT AIBEC SINCE 1994 AND IS
ONE OF AIBEC'S MOST POPULAR PROFESSORS.(JUST ASK YOUR FELLOW
STUDENTS)</FONT></SPAN></I></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><I
style="mso-bidi-font-style: normal"><SPAN style="COLOR: #333399"><FONT
face="Times New Roman"></FONT></SPAN></I> </P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><I
style="mso-bidi-font-style: normal"><SPAN style="COLOR: #333399"><FONT
face="Times New Roman">ALSO DARIA PANINA WILL BE COMINING TO AIBEC FROM
TEXAS AM UNIVERSITY. SHE WILL BE TEACHING A NEW COURSE IN CAREER DYNAMICS
WHICH WILL BE MOST INTERESTING FOR THOSE OF YOU WHO WANT TO DEVELOP
TECHNIQUES TO ADVANCE THEIR CAREERS.</FONT></SPAN></I></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><I
style="mso-bidi-font-style: normal"><SPAN style="COLOR: #333399"><FONT
face="Times New Roman"></FONT></SPAN></I> </P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><I
style="mso-bidi-font-style: normal"><SPAN style="COLOR: #333399"><FONT
face="Times New Roman">YOURS TRULY,</FONT></SPAN></I></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><I
style="mso-bidi-font-style: normal"><SPAN style="COLOR: #333399"><FONT
face="Times New Roman">ART
FRANCZEK </FONT></SPAN></I></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><I
style="mso-bidi-font-style: normal"><SPAN style="COLOR: #333399"><FONT
face="Times New Roman"></FONT></SPAN></I> </P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><I
style="mso-bidi-font-style: normal"><SPAN style="COLOR: #333399"><FONT
face="Times New Roman"></FONT></SPAN></I> </P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><I
style="mso-bidi-font-style: normal"><SPAN style="COLOR: #333399"><FONT
face="Times New Roman">
THE AMERICAN INSTITUTE OF BUSINESS AND
ECONOMICS<o:p></o:p></FONT></SPAN></I></P>
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<TBODY>
<TR
style="HEIGHT: 77.75pt; mso-yfti-irow: 0; mso-yfti-lastrow: yes">
<TD
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width="99%">
<H3 style="MARGIN: auto 0in; TEXT-ALIGN: center"
align=center><FONT face="Times New Roman"><SPAN
style="mso-tab-count: 1">
</SPAN><I><U><SPAN style="FONT-SIZE: 12pt; COLOR: red">Course
offerings, Summer
Semester:<o:p></o:p></SPAN></U></I></FONT></H3>
<H3 style="MARGIN: auto 0in; TEXT-ALIGN: center"
align=center><FONT face="Times New Roman"><I><U><SPAN
style="FONT-SIZE: 12pt; COLOR: red">May 14-
</SPAN></U></I><st1:date Month="8" Day="19"
Year="2007"><I><U><SPAN
style="FONT-SIZE: 12pt; COLOR: red">August 19,
2007</SPAN></U></I></st1:date><o:p></o:p></FONT></H3>
<H3 style="MARGIN: auto 0in; TEXT-ALIGN: center"
align=center><FONT face="Times New Roman"><I><U><SPAN
style="FONT-SIZE: 12pt; COLOR: red">First Summer Semester: May
16 – June 29</SPAN></U></I><o:p></o:p></FONT></H3>
<P class=MsoNormal
style="MARGIN: 0in 0in 12pt 35.7pt; TEXT-INDENT: -17.85pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; tab-stops: list .5in"><FONT
face="Times New Roman"><SPAN
style="FONT-SIZE: 7pt; mso-fareast-font-family: Symbol">
</SPAN><B><SPAN style="FONT-SIZE: 10pt"><A
href="file:///C:\Documents and Settings\Art\Desktop\important101606\mermory disk 82305\other\memory disk 41305\WINDOWS\Application Data\Microsoft\Word\fin_act.htm">Financial
accounting</A> This course provides students with a thorough
review of Accounting issues of importance to most
organizations, such as Accrual Accounting, Bad debts,
Inventories, Investments, Cash Flows and Ratio analysis. US
GAAP and IAS concepts are emphasized. <EM>Tuesday-Thursday,
19.00-22.00.</EM> <I><A
href="file:///C:\Documents and Settings\Art\Desktop\important101606\mermory disk 82305\other\memory disk 41305\WINDOWS\Application Data\Microsoft\Word\faculty.htm#Franczek">Arthur
Franczek</A>.</I><o:p></o:p></SPAN></B></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 12pt 35.7pt; TEXT-INDENT: -17.85pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; tab-stops: list .5in"><FONT
face="Times New Roman"><SPAN
style="FONT-SIZE: 7pt; mso-fareast-font-family: Symbol">
</SPAN><B><SPAN style="FONT-SIZE: 10pt"><A
href="file:///C:\Documents and Settings\Art\Desktop\important101606\mermory disk 82305\other\memory disk 41305\WINDOWS\Application Data\Microsoft\Word\websidetax.htm">Managerial
Economics</A> Applications of microeconomic theory to business
decision making including pricing, demand estimation, cost
analysis, competitive and noncompetitive market structures.
<EM>Monday-Wednesday, 19.00-22.00.</EM> <EM><A
href="file:///C:\Documents and Settings\Art\Desktop\important101606\mermory disk 82305\other\memory disk 41305\WINDOWS\Application Data\Microsoft\Word\faculty.htm#Franczek">John
Speir</A></EM><o:p></o:p></SPAN></B></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 35.7pt; TEXT-INDENT: -17.85pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; tab-stops: list .5in"><FONT
face="Times New Roman"><SPAN
style="FONT-SIZE: 7pt; mso-bidi-font-style: italic; mso-fareast-font-family: Symbol; mso-bidi-font-weight: bold">
</SPAN><B><SPAN
style="FONT-SIZE: 10pt"><A
href="file:///C:\Documents and Settings\Art\Desktop\important101606\mermory disk 82305\other\memory disk 41305\WINDOWS\Application Data\Microsoft\Word\websidecontrol.html">Operations
Management</A><SPAN style="mso-spacerun: yes"> </SPAN>A
survey of production-related topics with which all managers
should be familiar, including inventory management, project
scheduling, quality assurance and others.
<EM>Tuesday-Thursday19.00-22.00 <A
href="file:///C:\Documents and Settings\Art\Desktop\important101606\mermory disk 82305\other\memory disk 41305\WINDOWS\Application Data\Microsoft\Word\faculty.htm#Franczek">John
Speir</A></EM></SPAN></B></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 35.7pt; TEXT-INDENT: -17.85pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; tab-stops: list .5in"><FONT
face="Times New Roman"><B><SPAN
style="FONT-SIZE: 10pt"><EM><SPAN
style="COLOR: blue"><o:p></o:p></SPAN></EM></SPAN></B></FONT> </P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 35.7pt; TEXT-INDENT: -17.85pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; tab-stops: list .5in"><FONT
face="Times New Roman"><EM><B><SPAN
style="FONT-SIZE: 10pt"><SPAN
style="mso-spacerun: yes"> </SPAN>NEW<SPAN
style="COLOR: blue"> <U>Career
Dynamics</U></SPAN></SPAN></B></EM><SPAN
style="FONT-SIZE: 10pt; COLOR: black; LETTER-SPACING: -0.15pt">”
</SPAN><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt; COLOR: black; LETTER-SPACING: -0.1pt">is
an experiential learning program for those who want to
be</SPAN></B><SPAN
style="FONT-SIZE: 10pt; COLOR: black; LETTER-SPACING: -0.1pt">
<B style="mso-bidi-font-weight: normal">more </B></SPAN><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt; COLOR: black; LETTER-SPACING: -0.15pt">successful
in managing their careers. </SPAN></B><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt; COLOR: black; LETTER-SPACING: -0.05pt">The
purpose of this course is to provide a forum for MBA students
to develop and improve skills important for personal success
in leadership and career management.<SPAN
style="mso-spacerun: yes"> </SPAN>In this class, we'll
be looking at people's careers, their dynamics,elements
</SPAN></B><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt; COLOR: black; LETTER-SPACING: -0.1pt">contributing
to success at</SPAN><SPAN
style="COLOR: black; LETTER-SPACING: -0.1pt"> </SPAN></B><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt; COLOR: black; LETTER-SPACING: -0.1pt">workplace</SPAN><SPAN
style="COLOR: black; LETTER-SPACING: -0.1pt">.
Monday-Wednesday, </SPAN></B><st1:time Hour="19" Minute="0"><B
style="mso-bidi-font-weight: normal"><SPAN
style="COLOR: black; LETTER-SPACING: -0.1pt">19:00-22:00</SPAN></B></st1:time><B
style="mso-bidi-font-weight: normal"><SPAN
style="COLOR: black; LETTER-SPACING: -0.1pt">, </SPAN><SPAN
style="COLOR: blue; LETTER-SPACING: -0.1pt">Darya Panina,
MBA,PhD</SPAN></B><B><SPAN
style="FONT-SIZE: 10pt"><o:p></o:p></SPAN></B></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt 35.7pt; TEXT-INDENT: -17.85pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; tab-stops: list .5in"><FONT
face="Times New Roman"><EM><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black">
<SPAN
style="mso-spacerun: yes"> </SPAN></SPAN></B></EM><EM><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt; COLOR: black"><SPAN
style="mso-spacerun: yes"> </SPAN></SPAN></B></EM><B><I><SPAN
style="FONT-SIZE: 10pt; COLOR: black"> </SPAN></I><SPAN
style="mso-spacerun: yes"> </SPAN></B><B
style="mso-bidi-font-weight: normal"><I><SPAN
style="FONT-SIZE: 10pt; COLOR: black"><o:p></o:p></SPAN></I></B></FONT></P>
<H3 style="MARGIN: auto 0in; TEXT-ALIGN: center"
align=center><FONT face="Times New Roman">Second Summer
Semester: July 2- August 19 <o:p></o:p></FONT></H3>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><SPAN
style="COLOR: #3366ff"><FONT
face="Times New Roman"> <o:p></o:p></FONT></SPAN></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Symbol"><SPAN
style="mso-spacerun: yes"> </SPAN></SPAN></B><FONT
face="Times New Roman"><B
style="mso-bidi-font-weight: normal"><U><SPAN
style="FONT-SIZE: 10pt; COLOR: blue; mso-bidi-font-style: italic">Negotiations
and Dispute Resolution</SPAN></U></B><B><I><U><SPAN
style="FONT-SIZE: 10pt; COLOR: black">:
</SPAN></U></I></B><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black"><SPAN
style="mso-spacerun: yes"> </SPAN>This course covers the
theoretical and practical aspects of negotiations and includes
many case studies and exercises. A special feature of this
course is that 4 to 5 Law Students from the
</SPAN></B><st1:country-region><st1:place><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black">U.S.</SPAN></B></st1:place></st1:country-region><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black"> will be students in
this class. This creates opportunities for some cross
cultural negotiation exercises. <EM>Monday-Wednesday,
19.00-22.00.</EM> <I><A
href="file:///C:\Documents and Settings\Art\Desktop\important101606\mermory disk 82305\other\memory disk 41305\WINDOWS\Application Data\Microsoft\Word\faculty.htm#Kontor">Vladimir
Lissniak</A><o:p></o:p></I></SPAN></B></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><SPAN
style="COLOR: #3366ff"><o:p><FONT
face="Times New Roman"> </FONT></o:p></SPAN></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black"><A
href="file:///C:\Documents and Settings\Art\Desktop\important101606\mermory disk 82305\other\memory disk 41305\WINDOWS\Application Data\Microsoft\Word\market.htm"></A></SPAN></B><FONT
face="Times New Roman"><SPAN
style="COLOR: #3366ff"> </SPAN><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black"> <A
href="file:///C:\Documents and Settings\Art\Desktop\important101606\mermory disk 82305\other\memory disk 41305\WINDOWS\Application Data\Microsoft\Word\manact.htm">Managerial
Accounting</A></SPAN></STRONG><EM><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black">
</SPAN></B></EM><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black">Accounting for costs
with applications to managerial decision making.
This course reviews such issues as Cost Allocation, Activity
Based Costing, Budgeting, Standard Costing, Just in Time
Inventory and many other topics. </SPAN></STRONG><EM><B><SPAN
style="FONT-SIZE: 10pt; COLOR: black">Tuesday-Thursday,
19.00-22.00. </SPAN></B></EM><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black"><A
href="file:///C:\Documents and Settings\Art\Desktop\important101606\mermory disk 82305\other\memory disk 41305\WINDOWS\Application Data\Microsoft\Word\faculty.htm#Franczek"><EM>Arthur
Franczek</EM></A></SPAN></STRONG><EM><SPAN
style="FONT-SIZE: 10pt; COLOR: black"> </SPAN></EM><SPAN
style="FONT-SIZE: 10pt; COLOR: black"> </SPAN><SPAN
style="COLOR: #3366ff"><o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><SPAN
style="COLOR: #3366ff"><FONT
face="Times New Roman"> <o:p></o:p></FONT></SPAN></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><FONT
face="Times New Roman"><EM><B><U><SPAN
style="FONT-SIZE: 10pt; COLOR: blue; mso-bidi-font-size: 12.0pt">Sales
Management: </SPAN></U></B></EM><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black">This course
</SPAN></STRONG></FONT><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Tahoma; mso-bidi-font-size: 12.0pt">covers
both theoretical and practical aspects of sales management,
including topics such as sales forecasting, demand
forecasting, types of sales and other sales issues. It is
planned that this course will have some highly qualified guest
speakers on this topic.</SPAN></STRONG><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black"><FONT
face="Times New Roman"> </FONT></SPAN></STRONG><STRONG><SPAN
style="FONT-SIZE: 10pt; COLOR: black; FONT-FAMILY: Tahoma">Monday-Wednesday</SPAN></STRONG><FONT
face="Times New Roman"><EM><B><U><SPAN
style="FONT-SIZE: 10pt; COLOR: black">
</SPAN></U></B></EM><st1:time Hour="19"
Minute="0"><STRONG><I><SPAN
style="FONT-SIZE: 10pt; COLOR: black; mso-bidi-font-size: 12.0pt">7
pm to 10 pm</SPAN></I></STRONG></st1:time><STRONG><I><SPAN
style="FONT-SIZE: 10pt; COLOR: black; mso-bidi-font-size: 12.0pt">,
Tom Nastas, Professor.</SPAN></I></STRONG><EM><SPAN
style="FONT-SIZE: 10pt; COLOR: black">
<o:p></o:p></SPAN></EM></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><SPAN
style="COLOR: #3366ff"><FONT
face="Times New Roman"> <o:p></o:p></FONT></SPAN></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><FONT
face="Times New Roman"><SPAN
style="FONT-SIZE: 10pt; COLOR: black">
</SPAN><SPAN
style="COLOR: #3366ff"><o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; tab-stops: list .5in"><FONT
face="Times New Roman"><EM><B><SPAN
style="COLOR: #3366ff"> </SPAN></B></EM><STRONG><SPAN
style="COLOR: #333399">
</SPAN></STRONG><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 11pt; COLOR: #333399">For more
information:<o:p></o:p></SPAN></B></FONT></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"
align=center><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 11pt; COLOR: #333399"><FONT
face="Times New Roman">call at 438-1439, 438-0830; </FONT><A
href="http://www.aibec.org/"><FONT
face="Times New Roman">www.aibec.org</FONT></A><FONT
face="Times New Roman">;
aibec@aibec.org</FONT></SPAN></B><SPAN
style="COLOR: #333399"><o:p></o:p></SPAN></P></TD></TR></TBODY></TABLE>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><B><SPAN
style="COLOR: #333399"><FONT
face="Times New Roman"> <o:p></o:p></FONT></SPAN></B></P>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><SPAN
style="COLOR: #333399"><o:p><FONT
face="Times New Roman"> </FONT></o:p></SPAN></P></TD></TR></TBODY></TABLE>
<P class=MsoNormal
style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"
align=center><B><SPAN style="COLOR: #333399"><o:p><EM> <U><FONT
color=#ff0000>AIBEc Faculty for Summer 2007</FONT></U></EM></P>
<P class=MsoNormal align=justify><U><EM><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US"><o:p><SPAN
style="TEXT-DECORATION: none"> </SPAN></o:p></SPAN></B><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">Art
Franczek</SPAN></B></EM></U><B style="mso-bidi-font-weight: normal"><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">
(</SPAN></B><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><A
href="mailto:artf@online.ru"><I style="mso-bidi-font-style: normal"><SPAN
lang=EN-US
style="mso-ansi-language: EN-US">artf@online.ru</SPAN></I></A></SPAN></B><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">,
373 6241): Art holds an MBA and MST from
</SPAN></B><st1:place><st1:PlaceName><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">DePaul</SPAN></B></st1:PlaceName><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">
</SPAN><st1:PlaceType><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">University</SPAN></B></st1:PlaceType></st1:place><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">
and is a CPA. He has many years of experience as a Tax Manager for a major
international company. He has taught at AIBEc for 7 years and has taught
over 1000 Russian students. He is currently co-chair of the Customs
Committee at Am Cham and has been an active participant on the Tax
Committee for 7 years. He has written many articles on Accounting/Tax
issues and has recently published a workbook on IAS Accounting and is
currently working with The World Bank on a project to convert Russian
Accounting to IAS.<o:p></o:p></SPAN></B></P>
<P class=MsoNormal style="TEXT-ALIGN: justify" align=justify><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US"><o:p><STRONG><EM><U></U></EM></STRONG><FONT
size=3><FONT face="Times New Roman"></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT color=#0000ff><B
style="mso-bidi-font-weight: normal"><I
style="mso-bidi-font-style: normal"><SPAN style="FONT-SIZE: 10pt"><U>Daria
Panina</U></SPAN></I></B><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt"> teaches at </SPAN></B><st1:place><st1:City><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt">Texas
A&M University</SPAN></B></st1:City><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt">,
</SPAN></B><st1:country-region><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt">USA</SPAN></B></st1:country-region></st1:place><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt"> and
does research in the areas of international management and international
business. She received a Ph.D. in international human resource management
from </SPAN></B><st1:place><st1:PlaceName><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt">Rutgers</SPAN></B></st1:PlaceName><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt">
</SPAN></B><st1:PlaceType><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt">University</SPAN></B></st1:PlaceType></st1:place><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt"> in the
</SPAN></B><st1:country-region><st1:place><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt">U.S.</SPAN></B></st1:place></st1:country-region><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt"> and a
M.A. in political economy from </SPAN></B><st1:place><st1:PlaceName><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt">Moscow</SPAN></B></st1:PlaceName><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt">
</SPAN></B><st1:PlaceType><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt">State</SPAN></B></st1:PlaceType><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt">
</SPAN></B><st1:PlaceType><B style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt">University</SPAN></B></st1:PlaceType></st1:place><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt"> in her
native </SPAN></B><st1:country-region><st1:place><B
style="mso-bidi-font-weight: normal"><SPAN
style="FONT-SIZE: 10pt">Russia</SPAN></B></st1:place></st1:country-region></FONT><B
style="mso-bidi-font-weight: normal"><SPAN style="FONT-SIZE: 10pt"><FONT
color=#0000ff>. <BR><BR>Her research interests include international
strategies of professional services firms, human resource management,
organizational adaptation and organization behavior in the emerging
economies. <BR><BR>Prior to joining Texas A&M, Daria Panina has worked
as an HR manager, Head of Research in a leading international executive
search firm, and a senior researcher in the Harvard Russia project in
Russia and the
U.S.A.<o:p></o:p></FONT></SPAN></B></P></FONT></FONT></o:p></SPAN>
<P class=MsoNormal style="TEXT-ALIGN: justify"><EM><B><U><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">Tom
Nastas</SPAN></U></B><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">
(</SPAN></B><B><SPAN
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"><A
href="mailto:tom@online.ru"><SPAN lang=EN-US
style="mso-ansi-language: EN-US">tom@online.ru</SPAN></A></SPAN></B></EM><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">):
Tom holds an MBA from </SPAN></B><st1:place><st1:PlaceName><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">Michigan</SPAN></B></st1:PlaceName><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">
</SPAN></B><st1:PlaceType><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">State</SPAN></B></st1:PlaceType></st1:place><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">
( a top ranked MBA Program). He has many years of experience a Venture
Capitalist in </SPAN></B><st1:country-region><st1:place><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">Russia</SPAN></B></st1:place></st1:country-region><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">
and other emerging markets. He has several years of experience teaching
marketing at </SPAN></B><st1:place><st1:PlaceName><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">Michigan</SPAN></B></st1:PlaceName><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">
</SPAN></B><st1:PlaceType><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">State</SPAN></B></st1:PlaceType><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">
</SPAN></B><st1:PlaceType><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">University</SPAN></B></st1:PlaceType></st1:place><B><SPAN
lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US">.<o:p></o:p></SPAN></B></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN-US"><o:p><B><SPAN><EM><U>Vladinir
Lissniak</U> <U>(</U></EM><A
href="mailto:vlissniak@pericles.ru"><EM>vlissniak@pericles.ru</EM></A><U>
692-5188</U>): </SPAN></B><st1:City><st1:place><B><SPAN
lang=EN-US>Vladimir</SPAN></B></st1:place></st1:City><B><SPAN lang=EN-US>
represented </SPAN></B><st1:country-region><st1:place><B><SPAN
lang=EN-US>Russia</SPAN></B></st1:place></st1:country-region><B><SPAN
lang=EN-US> in </SPAN></B><st1:country-region><st1:place><B><SPAN
lang=EN-US>France</SPAN></B></st1:place></st1:country-region><B><SPAN
lang=EN-US> for a number of years as a diplomat. He has experience in
bi-and multilateral negotiations both in public and private sectors.
</SPAN></B><st1:City><st1:place><B><SPAN
lang=EN-US>Vladimir</SPAN></B></st1:place></st1:City><B><SPAN lang=EN-US>
has conducted negotiation seminars for Baker & McKenzie and for other
professional organizations. </SPAN></B></P>
<P class=MsoNormal><B><SPAN><U><EM>Dr. John Speir(<SPAN
style="COLOR: blue">speir@mail.hartford.edu</SPAN></EM></U>) Ph.D has many
years of teaching experience at various American Universities. >From
1994 to 1998 he was one of AIBEc’s most popular
professors.</SPAN></B></P></o:p></SPAN></B>
<P class=MsoNormal align=center><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 11pt; COLOR: #333399; mso-ansi-language: EN-US">For more
information:<o:p></o:p></SPAN></B></P>
<P class=MsoNormal style="TEXT-ALIGN: center" align=center><B
style="mso-bidi-font-weight: normal"><SPAN lang=EN-US
style="FONT-SIZE: 11pt; COLOR: #333399; mso-ansi-language: EN-US">call at
438-1439, 438-0830; <A href="http://www.aibec.org/">www.aibec.org</A>;
aibec@aibec.org</SPAN></B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US"><o:p></o:p></SPAN></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><B><SPAN lang=EN-US
style="COLOR: #333399; mso-ansi-language: EN-US"> <o:p></o:p></SPAN></B></P></o:p></SPAN></B></TD></TR></TBODY></TABLE></FONT></DIV></BODY></HTML>