Honorable Robert Bunda

President of the Senate

Twenty-Second State Legislature

Regular Session of 2003

State of Hawaii

Sir:

Your Committee on Science, Arts, and Technology, to which was referred Governor's Message Nos. 366, 367, and 368, submitting for study and consideration the nominations of:

begs leave to report as follows:

Jay M. Fidell holds a B.A. degree in Economics, a J.D. degree, an LL.M degree in taxation, and is a licensed attorney with a private law practice in Hawaii. Mr. Fidell has served with community and professional organizations including the Hawaii Bar Association, the Hawaii Building Owners and Managers Association, the Hawaii Opera Theatre, the Hawaii Republican Party, and Hawaii Venture Capital Association, among others.

Testimony in support of the nominee was submitted by the High Technology Development Corporation, the Hawaii Technology Trade Association, the Hawaii Venture Capital Association, colleagues in the legal profession and the information technology industry, and individuals.

Brian J. Goldstein holds a B.S. degree in Business Administration, an M.B.A. in International Management, and presently serves as President of Kona Bay Marine Resources. Mr. Goldstein has over fourteen years of experience within the high technology industry and serves on the Enterprise Hawaii Entrepreneurs Advisory Group and the Hawaii Technology Trade Association.

Testimony in support of the nominee was submitted by the Hawaii Technology Trade Association and colleagues in high technology industry.

Sharon M. Wong holds a degree from the New York Institute of Finance and presently serves a President of IMS Inc. Ms. Wong has served with community and professional organizations including the Hawaii Association of Public Accountants, the Chamber of Commerce of Hawaii, the Better Business Bureau of Hawaii, among others.

Testimony in support of the nominee was submitted by four individuals who are business associates and personal friends.

Upon review of the testimony and written statements submitted by the nominees, your Committee finds that the nominees have the necessary character, experience, and qualifications to serve on the Board of Directors of the High Technology Development Corporation. Your Committee finds that the nominees have been appointed based upon their credentials and a desire to serve as volunteer members on the Board of Directors of the High Technology Development Corporation.

As affirmed by the records of votes of the members of your Committee on Science, Arts, and Technology that are attached to this report, your Committee, after full consideration of the background, character, experience, and qualifications of the nominees, has found the nominees to be qualified for the positions to which nominated and recommends that the Senate advise and consent to the nominations.