On February 4, 2021, the Board of Directors of Information Analysis Incorporated appointed Matthew T. Sands, age 49, as the Company's Chief Financial Officer. Mr. Sands joined the Company in April 2002 as its controller and has been the acting Principal Financial Officer of the Company since April 20, 2020. Prior to joining the Company, he was director of finance at an international internet telephony development company. Mr. Sands also has experience in the banking industry and in investment company accounting.