YOUNG DESIGN INC

Young Design, Inc.’s shareholder register is not published by the Virginia State Corporation Commission, which does not require private corporations to disclose shareholder information. A Securities and Exchange Commission filing tied to Young Design, Inc.’s 2003 merger with Telaxis Communications Corporation does, however, disclose the company’s capital structure immediately before that transaction. As of 17 March 2003, all 15,000,000 outstanding shares of Young Design, Inc. common stock were held by two parties: Concorde Equity, LLC, which held 8,265,307 shares (approximately 55.1%), and Michael F. Young, an individual investor, who held 6,734,693 shares (approximately 44.9%). Concorde Equity, LLC’s agreement was executed by Robert E. Fitzgerald in his capacity as the LLC’s President and Managing Member.

This information should be treated as historical rather than current: it reflects a snapshot immediately before the 1 April 2003 merger, at which point every outstanding share of Young Design, Inc. was converted into shares of Telaxis Communications Corporation (subsequently renamed YDI Wireless, Inc.). No source reviewed confirms Young Design, Inc.’s shareholders after that transaction.

No ultimate beneficial owner is verified for the Concorde Equity, LLC holding. While Robert E. Fitzgerald signed on the LLC’s behalf as its President and Managing Member, no source discloses his percentage interest in Concorde Equity, LLC itself, so an effective beneficial-ownership percentage cannot be calculated from the available information.

Data availability: Historical. Verified shareholder information for Young Design, Inc. is limited to a single pre-merger snapshot from March 2003; current ownership is not publicly disclosed.

Virginia does not require private corporations to publicly disclose current directors and officers through the State Corporation Commission’s standard filings, and no current officer information is publicly available for Young Design, Inc.

The only officer identified in verifiable primary-source records is Robert E. Fitzgerald, who signed a Schedule 13D filed with the U.S. Securities and Exchange Commission in 2002 in the capacity of Chief Executive Officer of Young Design, Inc. That filing lists Young Design, Inc.’s address as 8000 Lee Highway, Falls Church, Virginia 22042. No resignation or replacement of Mr. Fitzgerald as Young Design, Inc.’s Chief Executive Officer has been independently verified. Following the company’s 2003 merger into Telaxis Communications Corporation (renamed YDI Wireless, Inc.), Robert Fitzgerald continued to be reported as Chief Executive Officer of that successor public company as of 2004, but this refers to the merged entity rather than to Young Design, Inc. as a standalone Virginia corporation. Mr. Fitzgerald’s nationality and country of residence are not disclosed in the sources reviewed.

No other directors, secretaries or officers of Young Design, Inc. are identified in the sources reviewed.

Data availability: Historical and partial. The only confirmed officer record dates to 2002 and predates the company’s 2003 corporate transaction; Virginia’s disclosure regime does not require ongoing public officer filings for private corporations, so more recent appointments or resignations cannot be confirmed.

Young Design, Inc.’s registry record shows no current parent, subsidiary or group affiliation, consistent with Virginia’s disclosure regime for private corporations.

Historical filings with the U.S. Securities and Exchange Commission show that Young Design, Inc. was party to a merger agreement dated 17 March 2003 with Telaxis Communications Corporation, a Massachusetts corporation then listed on Nasdaq. The merger completed on 1 April 2003, and every outstanding share of Young Design, Inc. was converted into shares of Telaxis common stock at a ratio of 2.50 Telaxis shares per Young Design, Inc. share. The combined company was renamed YDI Wireless, Inc., and for accounting purposes Young Design, Inc. was treated as the acquiring entity. Prior to that merger, Young Design, Inc.’s disclosed direct subsidiaries included Zeus Wireless, Inc. (acquired in May 2001), Go Wireless Data, Inc. and Thin Air Data, LLC, as named in Telaxis Communications Corporation’s 2003 SEC filing describing the transaction.

These are historical relationships. No source reviewed confirms whether Young Design, Inc. continued to exist as a distinct subsidiary within the resulting corporate group after 1 April 2003, or what its current corporate affiliation, if any, is. No current parent, subsidiary or sister-company relationship is verified for Young Design, Inc.

Data availability: Historical and partial. A verified 2003 merger transaction and pre-merger subsidiaries are documented, but no current group-structure information is available for Young Design, Inc.