Advisory Board

Members of the Advisory Board serve in a volunteer capacity to provide guidance to the Management Team in their individual fields of expertise.

Daniel Basov

Daniel Basov is a partner with the law firm of Solton Rosen & Balakhovsky LLP  (formerly, of Howrey, of Kenyon & Kenyon and of Chadbourne & Parke, LLP).  His focus is on patent prosecution, litigation, negotiating and drafting intellectual property license agreements, advising on the IP aspects of corporate transactions and e-commerce, preparing patent infringement/validity opinions and rendering trademark and copyright advice.

Mr. Basov's practice includes rendering legal advice and representing technology clients in mergers and acquisitions, technology transfers, licensing, outsourcing and other types of transactions involving various IP and e-commerce issues.  He represented Conexent Systems Inc. in a 2.8 billion dollar merger with another broadband and wireless solution provider, Globespan/Virata Inc., and rendered IP-related and contract advice for Rockwell Collins, Inc. in a 128 million dollar acquisition of NLX, LLC.  Mr. Basov also provided legal advice to Svenska Cellulosa Aktiebolaget SCA. and its subsidiaries in connection with the purchase of the "away from home" tissue business of Georgia-Pacific Corporation, with a market value of approximately $700 million, and represented Federated Department Stores and other on various matters involving assertions of patent infringement of e-commerce patents, trademark disputes and license negotiations. 

Mr. Basov has also worked on major patent and trademark litigations in recent years, representing companies such as Matsushita, Minebea Co. and Nippon Miniature Bearing Corp. in various lawsuits involving disk-drive motor patents and circuitry for LCD monitors, represented Conductus Inc. in a patent infringement lawsuit involving cryogenically cooled receiver front ends for cellular base stations, advised on the issues of infringement in the area of Internet telephony technology and advised Symbol Technologies, Inc. on various issues of patent and trademark infringement involving laser bar code scanning technology. 

Mr. Basov is a member of the New York Intellectual Property Law Association and the New York State Bar Association.  He received his law degree from the Fordham School of Law and bachelor degrees in computer science and mathematics from the New York University.

Jairo H. Paredes

Jairo Paredes manages systems operations at IAC Media & Search/Mindspark (, eVite, Bloglines, MyWay etc.).  Previously he was  Senior Technology Specialist and Analyst at PRNewswire, which provides electronic distribution, targeting, measurement, translation and broadcast services on behalf of some 40,000 corporate, government, association, labor, non-profit, and other customers worldwide who seek to reach a variety of critical audience including the news media, the investment community, government decision-makers, and the general public with their up-to-the-minute, full-text news developments . While there, Mr. Paredes oversaw Operation Desk Activity, and was the Team Leader for developing the PRNewswire Technical Operations Website.  His responsibilities included overseeing development of a new hierarchal system, updating of all relevant content and automation processes, and compiling and presenting the Monthly Technology Report, which was read and utilized by the PRNewswire's Executive Board as a gauge of business continuity.

Mr. Paredes received his bachelor degree from Rutgers University.  He has longtime served on the Executive Board of a national fraternity.

Alexander Korogodsky

For over a decade Mr. Korogodsky has been in leadership positions with major Fortune 500 companies. His focus on enabling eBusiness innovation with strategic information technology solutions is well balanced with managing the operational aspects of a business.

Currently Mr. Korogodsky serves as the Chief Operating Officer (COO), member of the Executive Committee and member of the Board of Directors for a $270M Eastern-European insurance company.  He oversees Finance, Actuarial, Risk Management, Operations, Technology, Administration and Legal functions for the company. In his role he leads a team of 1500 people through a multi-year Operational, Financial and Technology transformation efforts while pursuing very aggressive growth plans.

Prior to that, Mr. Korogodsky headed up the Business Intelligence and the High-Performance Computing Centers for the Financial Services Office of Ernst & Young, LLP, a global professional services firm.  Before joining Ernst & Young, Mr. Korogodsky held a number of key leadership and management positions -- among them, Director of eBusiness at Prudential Financial, where he launched company's startup benefit business, and held responsibility for the eBusiness technology platform.

A frequent speaker at the industry events (Society of Actuaries, Risk Management Institute, Business Intelligence Forum), Mr. Korogodsky publishes in such respected publications as Best's Review, Insurance and Technology Magazine, The Contingencies, Windows in Financial Services, and others.  Mr. Korogodsky offers an effective fusion of a practitioner's experience in the areas of operations and technology with academic approaches to these disciplines as he is also a part of the MBA Program Faculty at the Fairleigh Dickinson University.

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