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Terrence DeFranco

Terrence DeFranco, Chairman and CEO of IotaComm, brings 30 years of leadership experience in strategy, corporate finance, and governance to the senior management team. Prior to Solbright’s merger with M2M Spectrum Networks to form IotaComm, he served as the CEO of Solbright Group, Inc. from 2013 to 2018. From 2004 to 2012, Terrence served as CEO of Edentify, Inc., an identity management software and data analytics company. His background is primarily in the area of corporate finance, management and capital raising, previously serving as head of investment banking for Baird, Patrick & Co., Inc., and head of investment banking and founding partner of Burlington Securities Corp., a New York based investment banking and institutional equity trading firm. Terrence began his career on Wall Street in 1991 with UBS. He has been an active principal investor, senior manager and advisor to many early-stage companies and has extensive experience in dealing with issues related to the management, finance, operations and corporate development of startup and middle market public and private companies. Terrence is a graduate of the University of North Carolina at Chapel Hill with a BA in Economics and MBA from Kenan Flagler Business School at UNC-CH.