Dr. Rafsky, 58, who earned his Ph.D. in statistics from Yale in 1974 and his A.B. summa cum laude from Princeton in 1970, is a well-known innovator and entrepreneur in the on-line information industry. In 1998, Dr. Rafsky led an MBO of Gari Software from Dow Jones, and sold the resulting entity to WavePhore. Merging this software base with the Internet news delivery systems of Mainstream Data, also acquired by WavePhore, he created MediaXpress, the company's flagship product, and pioneered the formation of xmlnews.org. Named CTO of Wavo (WavePhore's new name), Dr. Rafsky lead news software development until early 2001 when he formed Acquire Media Corporation and acquired the MediaXpress assets, and in 2007 the assets of NewsEdge, formerly a division of Thomson Corporation. He has bootstrapped Acquire Media, with no outside debt, to a profitable seven-year old company with substantial revenue and marquee clients: Tribune Media, United Media, McClatchy, JP Morgan Chase, Fidelity, PR Newswire, Canada NewsWire, Market News International, and others.