The core of our Advisory Board is comprised of senior executives from the energy industry and the venture services market.  These executives are selected based on their ability to provide the maximum leverage for our investing activities.  They are chosen for their willingness to share their personal relationships and contacts, to enhance due diligence, and to increase the profitability of the portfolio companies.  Our experience has shown us that senior executive industry advisors offer the greatest leverage for our investors.

Dr. Mohammad Al-Ramadhan, Advisor: Dr. Mohammad A. Al-Ramadhan graduated from the University of Michigan, USA in August 1989 with a Ph.D. degree in Mechanical Engineering. He also holds a Master and Bachelor degrees in mechanical engineering from Syracuse University in the USA.

From 1991 to 1993 Dr. Al-Ramadhan was the manager of the Energy Department at Kuwait Institute for Scientific Research (KISR). In 1993 he was promoted to the position of the Director of the Engineering Division at KISR.

In 1997 he joined Kuwait Petroleum Corporation as the manager of the KPC International Relations.

In 1999 Dr. Al-Ramadhan was appointed as Deputy Managing Director for the Decision-Support Group which is part of the functions reporting to the Chairman of KPC. He also served as a Member of the Board of Directors of Kuwait Oil Company during the period 1999-2002.

Since 2002 until now Dr. Al-Ramadhan holds the executive position of Deputy Managing Director for Health, Safety & Environment and Corporate Risk Management. He is also the Acting Deputy Managing Director for Research and Technology at KPC and the president of KPC Energy Ventures, Inc..

Some of Dr. Al-Ramadhan achievements include:

•  Development and implementation of the KPC Corporate HSE Management System for KPC and its subsidiaries and affiliates.

•  Development and implementation of the KPC corporate-wide Enterprise Risk Management which integrates risk management policies, practices and procedures into the decision making processes of KPC.

•  Development of the Long-Term Technology and R&D Strategy to KPC and its Subsidiaries.

•  Development and implementation of the KPC investment program in new energy technologies.

Dr. Al-Ramadhan has published many scientific papers in the areas of energy technologies, alternative energy resources and the environment.

Ronald Bertasi, Advisor:   Mr. Bertasi is currently on temporary assignment as Vice President and Special Assistant to the CEO at Southern Company, a super-regional energy company with more than 40,000 megawatts of electric generating capacity in the southeast.  In addition, he currently serves on the Advisory Board for the Center for the Advancement of Marketing and Social Science at Clemson University.

Mr. Bertasi formerly was the President and Chief Executive Officer of Southern Company Gas, a $300 million natural gas retailer, before overseeing the sale of this business in early 2006 and assuming his current role.  Prior to his position at Southern Company's natural gas business, he served as President and Chief Executive Officer of Southern Company Energy Solutions, a provider of a broad range of energy-related services to commercial, industrial, and governmental customers.  Prior to joining Southern Company Energy Solutions, Ron served in a variety of positions at Enron Energy Services.  From 1999-2001 he was based in London, where he established Enron's European retail energy business.  He began his career as a management consultant with Booz Allen Hamilton, where he served clients in the energy and chemicals industries in North America, Europe and Asia.  Ron also worked as a project geologist at Alton Geoscience, an environmental engineering firm.

Mr. Bertasi holds a BA in Geology from Colgate University and an MBA from the Amos Tuck School of Business Administration at Dartmouth College , a MS in Geology and Geochemistry from the University of California , Los Angeles.  He was also a student research fellow at the Woods Hole Oceanographic Institution in Massachusetts.

Michael B.C. Davies, Advisor:   Mr. Davies is the Principal of Davies & Co., an M&A advisory and investment banking firm.  In addition, he currently serves as a director to Keyera Facilities Income Fund, Echoex Limited, the Cadent Energy Fund and a number of charities and foundations.

Mr. Davies is a founder and former Managing Director of RBC Capital Market's M&A group (RBCCM).  Prior to RBCCM, he was a Principal with Morgan Stanley in the Oil and Gas group and Chief Financial Officer of the Polar Gas Project, a natural gas pipeline project to deliver Arctic gas to eastern Canadian and U.S. markets.  Earlier in his career, he held an investment banking position with McLeod, Young, Weir, a predecessor firm of Scotia Capital Markets and commercial banking positions with Citibank and The Mercantile Bank of Canada .

Mr. Davies received a Bachelor of Commerce and Bachelor of Laws from the University of British Columbia. He is also a member of the Canadian Association of Chartered Business Valuators and was a past member of the The Law Society of British Columbia and Canadian Bar.

Dr. Jim DeWilde, Advisor: Dr. DeWilde is the President of JdW Strategic Ventures. He is a career educator and venture capitalist, focused on the issues of global competitiveness and the commercialization of knowledge through activities in both the private and public sector.

Dr. DeWilde currently serves on the Investment Committee of MSBi (Montreal) and the advisory boards of Fusion Capital and the Walsingham Fund (Toronto).  He is formerly a member of RBC Capital Markets Technology Fund Advisory Board. He was on the faculty of the University of Western Ontario School of Business (now Ivey) and the Faculty of Management at McGill University, where he is now a Dobson Fellow in the Centre for Entrepreneurship.  He has also taught venture capital strategies at the Rotman School of Business at the University of Toronto and at the Helsinki School of Economics and has lectured at the London Business School.

Dr. DeWilde received a PhD in political science from McGill with a dissertation focusing on the Canadian public policy process and competitiveness in technology sectors.

Wayne Greenberg, Advisor: Wayne is a serial entrepreneur with over 10 years focused in energy and clean technology. Most recently he was the Chief Executive Officer of WellDog, Incorporated, an EnerTech II portfolio company engaged in the production and delivery of data to enhance the profitability of coal bed methane extraction. He has been an advisor to EnerTech since 1998 and has served in a variety of roles including directorships and interim management for several EnerTech portfolio companies.

Wayne is the former president of Financial Times Energy, a division of the Financial Times Group of London and a national publishing, consulting and research firm specializing in energy markets and utility industry deregulation. He led the sale of the company to Platts in 2001. Prior to FT Energy, Wayne was president of E Source, a start-up information firm serving the energy marketplace. By the end of his first full year at the company, E Source was listed on Inc Magazine’s “Inc 500” list of fastest growing companies in America. Wayne also served as president of Shepard’s, the $100 million legal publishing arm of the McGraw-Hill Companies and led the sale of both companies. He previously spent five years and held various management positions at LEXIS/NEXIS, the world’s largest provider of on-line professional information.

Wayne received a bachelor’s degree in Public Communications from Boston University and JD and MBA degrees from Tulane University, where he also served as associate dean at the law school.

Michael Harris, Advisor: With over twenty-five years of dedication to public service, Mr. Harris is one of a growing number of business specialists at Goodmans. As former Premier of Ontario, Mr. Harris has unique expertise in shaping public policy and managing stakeholder issues. His knowledge of government and business in combination with a strong network of national and international contacts will provide our clients with senior level advice on business strategy.

Mr. Harris continues to demonstrate his commitment to Ontario 's children and youth as chair of Ontario 's Promise, a partnership between the public and private sector to create a brighter future for Ontario 's young people. In addition to sitting on several boards of Canadian corporations, he also serves as a Director of the Tim Horton Children's Foundation, and sits on the Board of Vince Carter's Embassy of Hope Foundation For Children. Mr. Harris was recently named a Senior Fellow of the Fraser Institute, a leading Canadian economic, social research and education organization.

Ian Jones, Advisor: Mr. Jones is the Managing Director of Mercedes-Benz' $1.5 billion Commercial Vehicles business in the United Kingdom.  It is DaimlerChrysler's largest market outside the home markets of the United States and Germany. He has spent his entire career in the transportation industry, having held senior roles with DAF Paccar, Volvo, Scania and Leyland Trucks. He is also closely involved in the finance and leasing arena, being Chairman of Mercedes-Benz Charterway, DaimlerChrysler's in-house finance company.

Dr. Bill Madia, Advisor: Dr. Madia is currently VP at Stanford University responsible for oversight of the Stanford Linear Accelerator Center. Dr. Madia retired from Battelle in 2007 after a 33-year career. His last position at Battelle was Executive Vice President for Mergers and Acquisitions. Prior to that, he was responsible for Battelle’s $4 Billion, 15,000 person Laboratory Operations business, including the management or co-management of six Department of Energy national labs: Pacific Northwest, Brookhaven, the National Renewable Energy Laboratory, Oak Ridge, Idaho National Laboratory and Lawrence Livermore National Laboratories. In this role, he managed more than $900 million of energy research and development in such areas as clean coal technology, renewable energy and energy efficient technologies, next generation nuclear reactor development, and improved energy transmission. This portfolio also included major programs focused on global climate change and carbon sequestration. Previously, Dr. Madia served as Director of the Oak Ridge and Pacific Northwest National Laboratories. Dr. Madia has also managed Battelle’s global environmental business and served as president of Battelle Technology International. Throughout his career, Dr. Madia has successfully focused on commercializing a vast array of energy and power technologies.

Dr. Madia has received the Secretary of Energy's Gold Award, the Energy Department's highest honorary award; the DOE Distinguished Associate Award; he was nominated for the National Medal of Technology; and named “Laboratory Director of the Year” in 1999 by the Federal Laboratory Consortium.

Dr. Madia received a BS and MS in Chemistry from the Indiana University of Pennsylvania and a PhD in Chemistry from Virginia Polytechnic Institute.

J. Scott Magrane, Advisor: Mr. Magrane is a Managing Director with Coady Diemar Partners (“CDP”). Prior to founding CDP, he spent more than 26 years advising power related enterprises including utilities, independent power companies, rural electric cooperatives, governments and energy technology companies.  That time includes 15 years with Goldman Sachs & Co. where his responsibilities encompassed all manner of corporate finance and strategic advisory activities and the creation of the firm's Energy Technology effort. Scott spent 10 years with Blyth, Eastman Dillon & Co. and Paine Webber where he specialized in energy and power project finance.

Mr. Magrane received a BA from the College of Wooster and an MBA from the Wharton School of the University of Pennsylvania .

Donald P. McConnell, Advisor: Mr. McConnell serves as President of Battelle Energy Technology and a Battelle Corporate Senior Vice President and with responsibility for Battelle's energy business worldwide. He oversees the development of Battelle's five principle lines of energy business, focusing on near-zero emission hydrocarbon conversion, carbon management solutions, alternative energy, energy infrastructure and nuclear fuel cycle solutions. These businesses provide integrated commercial services and products to industry, while collaborating with the National Laboratories which Battelle operates to realize innovation from discoveries in energy science and technology. Collectively, the overall energy research and development effort under Battelle's management in 2006 encompassed $916 million for government and industry.

Mr. McConnell currently serves as a member of the Battelle Executive Committee and the International Board of Battelle. He participates on the Advisory Board to Battelle Ventures and is past chairman of the board of Battelle's Scientific Advances Venture fund. He also serves as a member of the board of governors and/or the energy review committee for each of the five of the national labs managed by Battelle manages for the Department of Energy: Pacific Northwest, Oak Ridge, Brookhaven, the National Renewable Energy Laboratory and the Idaho National Laboratory. Overall laboratory operations comprise over $2.8 billion in annual research volume and some 21, 000 staff.

John A. Moore, Advisor: Mr. Moore has been a director and President and Chief Executive Officer of Acorn Energy, Inc. since March 2006. Mr. Moore is the President and founder of Edson Moore Healthcare Ventures, which he founded to acquire $150 million of drug delivery assets from Elan Pharmaceuticals in 2002. Mr. Moore was Chairman and EVP of ImaRx Therapeutics, a drug and medical therapy development company, from February 2004 to February 2006 and Chairman of Elite Pharmaceuticals from February 2003 to October 2004. He is currently Chairman of Optimer, Inc., a research based polymer development company.

Alex O'Cinneide, Advisor: Mr. O'Cinneide was appointed in Jan 07 to manage the Masdar Clean Tech Fund (ADFEC) and to represent the Abu Dhabi Future Energy Company to the partnership. Previous to joining Masdar he was a Managing Partner in Quorum European Partners. He started his career in two VC backed technology companies before going on to join KPMG where he was a director in the Strategy and Private Equity Advisory group (London & New York ).

Mr. O'Cinneide received a BA and MA from Trinity College Dublin, an MSc from the London School of Economics and a Masters in Finance from the London Business School .

Laurence Rose, Advisor : Mr. Rose is a Senior Managing Director at Cantor Fitzgerald in New York , whose responsibilities include executive oversight of a number of business units, joint ventures, and investments.

Prior to joining Cantor Fitzgerald, Mr. Rose was founder and CEO of CollectiveBid Systems Inc. and its wholly-owned investment dealer subsidiary, CBID Markets Inc., which launched Canada 's first Alternative Trading System. With 15 years experience in the investment and technology sectors, Mr. Rose has been an innovator in the electronic fixed income trading industry. His professional experience includes positions with RBC Dominion Securities Inc., Dow Jones Markets Inc. and Bridge Information Systems.

Mr. Rose has served on various financial services industry regulatory advisory committees including the Ontario Securities Commission's Bond Market Transparency Committee. He has a BA in economics from Concordia University .

Strategic Partners

Dow Chemical (Dow): With annual sales of $54 billion and 46,000 employees worldwide, Dow is a diversified chemical company that combines the power of science and technology with the “ Human Element” to constantly improve what is essential to human progress. The Company delivers a broad range of products and services to customers in around 160 countries, connecting chemistry and innovation with the principles of sustainability to help provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products.

Export Development Canada (EDC): EDC is Canada 's export credit agency, offering innovative financing, insurance and risk management solutions to help Canadian exporters and investors expand their international business. Every year, EDC's knowledge and partnerships are used by over 6,400 Canadian companies and their global customers in up to 200 markets worldwide.  Approximately 90 per cent of EDC's customers are small and medium-sized businesses. EDC is a Crown corporation wholly owned by the Government of Canada.  The corporation is financially self-sustaining and operates on commercial principles. EDC is a recognized leader in financial reporting, economic analysis and has been named one of Canada 's Top 100 Employers for seven consecutive years.