2116 Financial Center
Des Moines, Iowa 50309
John Pappajohn was born July 31, 1928 in St. Luke's Greece to George and Maria Pappajohn.
His father was a U.S. citizen and thus he is a U.S. citizen by birthright. He immigrated to the
U.S. at the age of 9 months with his mother and they joined his father in Mason City. Iowa.
In 1961, he married Mary L. Limberis of Minneapolis, Minnesota and the two of them have a
daughter, Ann Pappajohn, who resides in New York.
Mr. Pappajohn attended Mason City public schools and then attended the University of Iowa,
Iowa City, Iowa, and received a bachelor's degree in business in 1952. Upon graduation from
college, he started his own insurance business. In 1962, he moved to Des Moines and organized
the Guardsman Life Insurance Company. He was Chairman of the Board of Guardsman
Insurance from 1962 to 1969, at which time he sold his interest and dedicated himself full time to
venture capital investments.
He organized Equity Dynamics Inc. in 1969 and continues as its President today. He also
organized Pappajohn Capital Resources (a venture capital fund) in 1969. Pappajohn Capital
Resources is well known on Wall Street as a venture capital fund primarily investing in high
tech, medical and healthcare projects. He has over 35 portfolio companies in his fund and has
averaged over 68% annual return on investments for over 25 years.
At the present time, he serves as director on the following company Boards:
• Radiologix, Inc., Dallas, TX
• PACE Health Systems Inc., Des Moines, IA
• Allion Healthcare, Inc., Huntington Station, NY
• Logisticare, Atlanta, GA
• Patient Infosystems, Inc., Rochester, NY
• MC Informatics, Inc., Irvine, CA.
He has served as director in over 40 public companies and also serves as a director for many
He is a member of many professional organizations including The Society of Financial Analysts,
Association for Corporate Growth, National Association of Corporate Directors and the
Association for Investment Management and Research.
He was a Horatio Alger Award recipient in 1995 and serves as a member of the Board of
Directors and on the Executive Committee for the Horatio Alger Association. He also is on the
Board of Trustees for Anatolia College in Thessaloniki, Greece, the University of Iowa
Foundation Board of Trustees, Iowa City, IA., and formerly a Trustee for Pine Manor College,
Chestnut Hill, MA. He was named Iowa Business Leader of the Year in 1992 and was inducted
into the Iowa Business Hall of Fame in 1996. He served as a member of the Advisory Board for
the J.F. Kennedy Center for the Performing Arts, Washington, D.C. He was initially appointed
by President Ronald Reagan and re-appointed by President George Bush. He presently serves on
the National Committee of the Performing Arts, Kennedy Center Board and is it Vice President.
He serves on the Leadership 100 Board of Directors. He was a member of the Greek Orthodox
Archdiocese Council and the Greek Orthodox Archdiocese Executive Committee in 1997. He
received the Brotherhood Award from the Iowa Region of the National Conference of Christians
and Jews in 1997. He was the recipient of the Hellenic Heritage Achievement Award in 1997. He
received the Beta Gamma Sigma Medallion for Entrepreneur of the Year in 1997. In 1998 he
was awarded the Meredith Wilson Heritage Award.
He is an Honorary Trustee for Des Moines Art Center, on the Collectors Committee, National
Gallery of Art, Washington, D.C and Collectors Committee, Whitney Museum, New York City.
John and Mary Pappajohn are listed as one the Top 200 art collectors in the world by Art News
Magazine. He is a member of The University of Iowa Alumni Association, The University of
Iowa President's Club, Des Moines Club, Embassy Club, University Athletic Club, Phi Gamma
Delta Fraternity, Order of AHEPA, a 32nd Degree Mason, Scottish Rite, and the ZaGaZig
He and his wife, Mary, are major contributors to many philanthropic causes. They have
contributed approximately $10 million to the University of Iowa to help fund the Pappajohn
Business Administration Building, the Pappajohn Pavilion (part of the University of Iowa
Hospital complex),and the John and Mary Pappajohn Cancer Center at the University of Iowa
hospitals. Recently, he funded the Pappajohn Entrepreneurial Centers at five colleges in the state
of Iowa for approximately $5 million. In 1997 he announced a $5 million Scholarship Fund for
ethnic, disadvantaged and minority students.
Matthew P. Kinley
Equity Dynamics Inc.
2116 Financial Center, 21st Floor
Des Moines, IA 50309
Matt Kinley has been with Equity Dynamics, Inc., Pappajohn Capital Resources, and several
portfolio companies during start-up stages since 1995. Equity Dynamics and Pappajohn Capital
Resources are solely owned by John Pappajohn, a venture capital investor in health care and high
Previously, Kinley worked for KPMG in Des Moines as a Tax Manager.
Kinley earned a BA in accounting from the University of Northern Iowa and passed the CPA
examination in 1990. He is a member of the Venture Network of Iowa, Society of Financial
Analysts, American Institute of Certified Public Accountants, and the Iowa Society of Certified
Steven J. Dickinson
Dorsey & Whitney LLP
801 Grand, Suite 3900
Des Moines, Iowa 50309
Telephone: (515) 283-1000
Fax: (515) 283-1060
Steve Dickinson is a partner in the Des Moines office of Dorsey & Whitney LLP and is the
partner in charge of the firm’s corporate and international practice in Iowa. He represents clients
in a wide variety of domestic and international business transactions, including public offerings
and private placements of debt and equity securities; venture capital investments (both investors
and companies); acquisitions and divestitures; joint ventures, strategic alliances and other
cooperative business relationships; technology development and licensing; establishing
distribution arrangements; and establishing international operations. He works with emerging
and entrepreneurial companies in various stages of development, as well as national and
international companies, located throughout Iowa and around the world.
Steve is a member of the American Bar Association’s Section on Business Law and Section on
International Law and Practice, is a member of the Section Council of the Iowa State Bar
Association’s International Law Section and was one of the original members of the Section
Council of the ISBA’s E-Commerce Section. He is a member of the advisory council for the
John Pappajohn Entrepreneurial Center (JPEC) at the University of Northern Iowa. He is a
frequent speaker on business law topics, including presentations for the JPEC, U.S. Department
of Commerce, the Governor’s Conference on International Trade, the Iowa Department of
Economic Development, the Cedar Rapids and Des Moines Chambers of Commerce and the
Iowa State Bar Association. He has written on international matters for several publications,
including the International Financial Law Review, published in London, and authored the
International Business Law chapter for the Iowa State Bar Association’s Business Law Manual.
In May 2001, Iowa Governor Thomas Vilsack presented Steve with the Governor’s Export
Service Award in recognition of service to the international trade community in Iowa. He holds a
bachelor’s degree with high honors from the University of Northern Iowa in political science and
Russian language and a law degree with high honors from the University of Iowa College of
Dorsey & Whitney LLP is one of the largest law firms in the world, with over 750 lawyers in
twenty-two offices in the USA, Canada, Asia and Europe. Des Moines office lawyers work in the
areas of corporate, international, intellectual property, public finance, health care and
employment law and commercial litigation and work with other firm lawyers to provide a full
range of services to Iowa clients.
Anthony Allan & Quinn/Advanced Business Fulfillment, Inc.
3183 Rider Trail South
Earth City, MO 63045
Dan is Co-Founder, Partner, and President of Anthony Allan & Quinn. Dan is a 33.3% owner in
AAQ. Dan went to the University of Northern Iowa where he studies Marketing. Dan excelled at
UNI and was ROTC’s highest ranking cadet at UNI. Dan’s many business experiences have
come from his roll in the development and the bringing to the market, 5 AAQ companies over
the last 8 years. Dan’s specialty is Marketing and overall business operations. His roll in AAQ is
finding out new business synergies and opportunities that AAQ can capitalize on, while
consulting the managers of the AAQ companies on current business operations. Dan’s outside
interests include playing on AAQ’s basketball team, weightlifting, and golf. Dan was also
elected to the “who’s who” in St. Louis business.
Eric J. Schaefer
Advanced Business Fulfillment, Inc.
3183 Rider Trail South
Earth City, MO 63045
Eric is Co-Founder, and Vice President of Sales and Marketing for Advanced Business
Fulfillment. Eric, along with the partners of AAQ, started ABF in October, 1997. Eric studied
finance and international business at the University of Northern Iowa and studied finance at the
graduate level at Drake University and St. Louis University. Eric spearheaded ABF’s software
vendor partnerships. Eric was also the key player in the sales of the first 50 ABF clients as well
as the initial implementation cycles. Eric’s areas of expertise are overall knowledge of the
healthcare market, health administration operations, strategic alliances and systems integration.
Currently, Eric has overall responsibility for the Sales and Marketing function. Eric is a key
visionary within ABF for the future of ABF’s product line and industry initiatives. Eric’s
interests include golf, basketball, and weightlifting.