Bob Hennes

Hugh Johnson Advisors LLC is a registered investment advisor located in Albany, New York. The firm was originally formed in 1994 as a subsidiary of First Albany Companies. Formerly Johnson Illington Advisors LLC, Hugh Johnson Advisors was founded in 2005 through an MBO of First Albany Asset Management by their employees and Illington Fund Management LLC. In August 2006, Illington Fund Management was purchased by Stuttgart, Germany-based DKM Group. DKM-Illington's name was changed to the Thomas Lloyd Group. In 2010, Johnson Illington completed the purchase of the interest of ThomasLloyd in Johnson Illington Advisors and changed the name to Hugh Johnson Advisors LLC. ThomasLloyd retains a 10% interest in the firm. Hugh Johnson Advisors offers customized portfolio management services to individuals and institutions.

FA Asset Management, Inc. is the asset management subsidiary of First Albany Companies Inc. (NASDAQ: FACT) The firm, headquartered in New York City, provides investment management services to institutions, financial advisors and high net worth individuals.

Part of Lehman Brothers Holdings, Inc., Shearson Lehman Brothers Holdings, Inc. provides security broker services. The company is based in New York, NY.

Hugh Johnson Advisors LLC is an SEC-registered investment advisor located in New York City. The history of the firm is as follows: First Albany Asset Management was established as a registered investment advisor in 1994 by First Albany Companies. The name of the firm was changed from First Albany Asset Management to FA Asset Management in 2003. Johnson Illington Advisors LLC was established in February 2005 with the purchase of the assets of FA Asset Management by individual officers of FA Asset Management and Illington Fund Management. In March of 2010, Johnson Illington purchased the membership units owned by Thomas Lloyd Global Asset Management (Americas) LLC, the successor in interest to Illington Fund Management. At the time of the transaction, Thomas Lloyd owned 10% of Johnson Illington. in March 2015, Johnson Illington Advisors was renamed Hugh Johnson Advisors. The firm provides advisory services to the following types of clients: individuals and high net-worth individuals; pension and profit sharing plans(other than plan participants); charitable organizations; corporations or other businesses; and state or municipal government entities.