Mr. DeProspo joined Wedbush Securities in 2008 and manages the firm's Public Finance practice in California from the firm's headquarters in Los Angeles. He earned a Bachelor of Arts from the State University of New York, New Paltz, and an MBA in Finance from the State University of New York, Albany, before entering public finance in 1980. Throughout his career, Mr. DeProspo has developed expertise in all sectors of public finance including State and local government financing, municipal water and electricity, redevelopment, higher education and non-profit finance. He is widely recognized as one of California's most respected public sector financing experts.

Mr. Clark joined Wedbush Securities in June of 2008. He earned his Bachelor of Arts in History from Dartmouth College and an MBA from Stanford University. Mr. Clark has been in banking since 1979 and he is a Managing Director in our Los Angeles office. Mr. Clark specializes in general fund leases, redevelopment finance, utilities (sewer, water and solid waste), electric utilities and land secured finance. His practice includes cities, counties, special districts and redevelopment finance.

Ms. Thomas joined Wedbush Securities in 2001. She has been in public finance since 1981 and is a Managing Director in our Solana Beach office. Ms. Thomas has completed several hundred financings for more than 50 California issuers including redevelopment (including housing set-aside) financings, cop/lease financings, assessment/mello-roos financings, parcel tax financings, sales and use tax financings, general obligation financings and mobile home park financings.

Mr. Phan is a Vice President in the firm's Los Angeles office, providing client management, transaction oversight and other investment banking services for cities, redevelopment agencies, and institutions of higher education, municipal utilities and non-profit corporations. Mr. Phan has been a member of client-centric teams for private education relationships totaling 20 financings for over $500 million since 2001. He holds a Bachelor of Science from the University of California, Berkeley.

Ms. Zaretsky joined Wedbush Securities in 2005. She is a Vice President in the Firm's Newport Beach Office and provides client management, transaction oversight and various other investment banking services for her clients. Ms. Zaretsky's practice focuses on general city, utility and redevelopment agency financing. Since joining Wedbush, Ms. Zaretsky has completed over $1 billion in debt financings for public agencies through out the state. Ms. Zaretsky has a Bachelor of Arts in History from UCLA, and a J.D. from Albany Law School (Albany, NY).

Ms. Wienand joined Wedbush Securities in January of 2007. She is a graduate of the University of Arizona with a Bachelor of Science degree in Accounting and Finance. Ms. Wienand has been in finance since 2001 and is an Assistant Vice President in our Solana Beach office where she provides transaction oversight and other investment banking services for cities (COPs/Lease Revenue), redevelopment, and land based issues.

Mr. Yoon joined Wedbush Securities in June of 2008 as an Analyst in the Public Finance department. In this capacity, he provides transactional assistance for various aspects of each financing, including quantitative and documentation support. He has been in public finance since 2006. Mr. Yoon is a graduate of the University of California San Diego with a Bachelor of Arts in Economics.