Thomas A. Cellucci, Ph.D., MBA joins the QCR Board of Directors

June 25, 2007 (Arlington, Texas)  It was announced today that Thomas A. Cellucci, Ph.D., MBA joined the QCR Board of Directors effective immediately. Michael Young, President and CEO of QCR Corporation commented: “We’re delighted to welcome Tom to our team. His vast experience and skills will help us catapult QCR in its rightful place as the unparalleled leader of software solutions that ensure mistake-proof business processing”.

Cellucci is a serial entrepreneur with extensive expertise and experience in the commercialization of technology and rapid time-to-market new product development. As Chairman and CEO of Cellucci Associates, Inc. (http://www.cellucciassociates.com), a highly successful management consulting firm he founded in 1999 that engages in raising capital and providing strategic business services to global high-technology firms, he has the well-deserved reputation as a “strategist that EXECUTES”.

Dr. Cellucci is a seasoned senior executive, most recently credited with transitioning Zyvex Corporation, as its President, from a nanotech technology-push to market-driven enterprise—growing sales from virtually zero at the end of 2001 to over $10 million in 2005. Profitably growing firms has been his trademark. He also serves on several Boards, such as Edmund Industrial Optics and many others and has authored or co-authored well over 117 articles on nanotechnology, laser physics, photonics, environmental disturbance control, MEMS test and measurement and high-technology sales and marketing. As a result of his consistent achievement in the commercialization of emerging technologies, Cellucci has received numerous awards and citations from industry, government and business. In addition, he regularly interacts with high ranking members of the United States government—including the White House, US Senate and House of Representatives. He is often asked to serve as keynote speaker at both business and technical events around the world.

Cellucci holds a Ph.D. in Physical Chemistry from the University of Pennsylvania, an MBA from Rutgers University in Strategic Management and Marketing and a BS in Chemistry from Fordham University. In addition, he has completed several senior executive special courses at institutions such as Harvard Business School, MIT Sloan School of Business and Kellogg School of Management.