Alex Moukas is one of our co-founders. He has been our chief executive officer and a director since our inception in 2000. He previously co-founded, and served from 1998 to 2000 as the chief scientist of Frictionless Commerce, Inc., a privately held, strategic sourcing software provider in Cambridge, Massachusetts, which was later acquired by SAP AG. Mr. Moukas holds a B.S. in Business Administration and Computer Systems from the American College of Greece, an M.S. in Artificial Intelligence from the University of Edinburgh, and an M.S. from the Massachusetts Institute of Technology.