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Ultra-Clean Fuels from Abundant Resources

Management


Timothy E. Vail, President & CEO
Mr. Vail's entrepreneurial career has focused on alternative energy. From fuel cells to clean coal, Mr. Vail has participated in many successful alternative energy endeavors during a career that spans almost two decades. Before joining Accelergy, Mr. Vail was the President and CEO of Synthesis Energy Systems, Inc. a global developer of coal gasification facilities that cleanly produce high quality transportation fuels from low rank coal resources. During his tenure at SES, Mr. Vail raised over $200 million for the business, built their first commercial facility and successfully listed the company on the NASDAQ stock exchange. Prior to joining SES in 2005, Mr. Vail served as the Director of Commercialization for Fuel Cell Development for General Motors Corporation (GM). At GM, Mr. Vail's duties included the development of GM's Shanghai fuel cell office as well as coordination of engineering facilities in the United States, Germany, Japan and China. While at GM, he completed the world's largest fuel cell commercialization deal with Dow Chemical and developed a fleet of fuel cell vehicles for the US Postal Service. Prior to his position at GM, Mr. Vail was the Vice President of Product Development for The New Power Company, a start-up subsidiary of Enron Corporation, where he was responsible for the development of new products and services. From 1995 until starting work for The New Power Company, Mr. Vail was a Vice President at Enron Energy Services focusing on alternative energy opportunities. Prior to Enron, Mr. Vail was a securities lawyer with Andrews & Kurth, LLP.

Mr. Vail holds a J.D. from the University Of Houston Law Center and a B.A. in Economics from The University of Texas at Austin.


David A. Eichinger, Chief Financial Officer
Over the 15 years Mr. Eichinger's career has ranged from efforts focused on developing innovative energy technologies to financing the activities of the largest energy companies in the world. Before joining Accelergy, Mr. Eichinger was the CFO of Synthesis Energy Systems, Inc. (SES) a global developed of coal gasification facilities that cleanly produced high quality transportation fuels from low rank coal resources. During his tenure at SES, Mr. Eichinger raised over $200 million dollars for the business, build their first commercial facility and successfully listed the company on the NASDAQ stock exchange. Prior to his tenure at SES, Mr. Eichinger held various positions at General Motors including his last position in which he was responsible for the commercialization of fuel cells for stationary applications. Among his success at GM, he engineered the largest stationary fuel cell deal with Dow Chemical.

Previously, Mr. Eichinger led the spinoff of The New Power Company from Enron. Following three successful equity offerings, which raised just over $750M, Mr. Eichinger was responsible for all Corporate Development activities for New Power. While at Enron, Mr. Eichinger led diverse Corporate Develop activities across retail and wholesale businesses including the acquisition of Portland General. Prior to his activities at Enron, Mr. Eichinger spent five years with Exxon Corporation and Exxon Chemicals focused on Corporate Finance and Capital Market functions.

Mr. Eichigner holds an MBA from Carnegie Mellon as well as graduate and undergraduate degrees in Chemistry from The College of William and Mary.


Dr. Rocco Fiato, Vice President, General Manager of Business Development & Planning
Dr. Fiato brings over 25 years of experience in strategic planning and intellectual property management from the Oil and Gas industries to Accelergy. Before joining Accelergy, Dr. Fiato held various senior positions at ExxonMobil Research and Engineering Company including Technical Advisor to ExxonMobil Law Department (including coordination of major patent interference and patent infringement cases before the Court of Appeals for the Federal Circuit), Head of Competitive Assessment in the Gas Processes Division of Process Engineering Department at ExxonMobil, and was most recently the Intellectual Property Coordinator / IP Manager of the Gas-to-Liquids (GTL) Technology Division. In his latest role, Dr. Fiato was instrumental in the development, enforcement and licensing of 3500+ patents on GTL Technology.

Dr. Fiato has served as Chairman of Energy Frontiers International (EFI) and Finance Chairman of the Natural Gas Conversion Board (NGCB) since 2005. He is also a member of American Chemical Society, a corresponding member of SAE and has been actively involved in programs for DOE, NSF and National Research Council. Dr. Fiato is a named inventor on more than 65 US and 250 issued or pending foreign patents and has published over 42 industry publications on a range of catalytic processes.

Dr. Fiato received his Ph.D. Physical Organic Chemistry from the University of Rochester and BS in Physical Organic Chemistry from Clarkson College in New York.


Sam Zaczepinski General Manager, Hydroprocessing Business Development
Prior to joining Accelergy, Mr. Zaczepinski served as Process Vice President of Carmagen Engineering, Inc., a consulting company employing over 180 engineers and researchers, where he was responsible for marketing consulting services to major technology licensor and the refining industry. Prior to Carmagen Engineering, Inc., Mr. Zaczepinski held a number of management positions, including the position of Technology Assessment and Licensing Manager for US and Europe. With over 37 years of experience with ExxonMobil Research and Engineering Company, Mr. Zaczepinski offers extensive expertise in the areas of process engineering, refining (technology, engineering, start-ups, and management), synthetic fuels, research guidance, and technology licensing.

Mr. Zaczepinski holds a BS in Chemical Engineering from University of Tennessee.


Richard Bauman Director, Process Technologies
Prior to joining Accelergy, Mr. Bauman joined ExxonMobil Research and Engineering Company in 1965, and has since then directed the development of leading technologies in refining, coal liquefaction, shale retorting, and natural gas conversion. Among the processes are Single Stage Hydrocracking, Gofining, Residfining, Exxon Donor Solvent Coal Liquefaction, Microcat Coal Liquefaction, Exxon's Shale Retorting Process, and AGC-21 (Exxon's Advanced Gas Conversion technology). Activities have covered the range of breakthrough research to operation of large Process Demonstration Units. The most recent program was the development of Exxon's AGC-21 technology. Mr. Bauman supervised the $ 500+ million dollar program which resulted in over 400 patents (he is author on over 10 of these patents).

Mr. Bauman holds a BS from Drexel Institute of Technology and an MS from New York University in Chemical Engineering, and has continued to evaluate advanced technologies after retiring from Exxon in 2000.