Resition is a web-based outplacement solution that reduces companies' layoff costs. Laid off employees are matched with their own personal career coaches on our platform and complete a socially driven, milestone-based job search program. The analytics generated from this process enable companies to better manage morale amongst remaining employees and unemployment insurance taxes. We're an Internet startup company that was founded in April 2012. We've raised $40,000 from investors to date and our product is going live at the end of October 2012. CEO, Mike Chapman, started his own business in the past and made it profitable within one year. CTO, Chris Domino, is a talented software architect who has built solutions for companies like New Balance, BP, and the YMCA. COO, Walter Akana, is an outplacement industry expert, having worked for Right Management and Lee Hecht Harrison in the past. In terms of advisors, Parker MacDonell is a capital-planning professional and is a member of the Executive Committee of the Ohio TechAngels. Joel Gerber is the Senior Vice President of Technology at Blue Diesel and has vast experience leading large-scale software development projects. Randy Trombly was the former #2 HR executive at AOL and currently works as a human resources consultant.