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BlueFire Ethanol, Inc. Is Led by Cellulose Conversion Pioneer and
Technology Founder Arnold R. Klann
IRVINE, CA -- (MARKET WIRE) -- July 17, 2006 -- BlueFire Ethanol, Inc.
(PINKSHEETS: BFRE) announced today the composition of its management
team. The Company is led by Arnold R. Klann the founder of Arkenol and
its cellulose conversion technology that has now been licensed on an
exclusive and perpetual basis to BlueFire. This technology is the only
commercially available, proven technology being utilized in the United
States today for the conversion of waste materials, including wood
chips, sawgrass and other waste materials into ethanol. The BlueFire
team utilizes over 100 years of combined experience in project
development, finance, engineering, design and construction.
The key members of the management team are:
Arnold R. Klann -- Chairman / President / CEO
Thirty years of experience in corporate management, project finance,
engineering, design, construction, start-up, environmental permitting,
and real estate acquisition. Mr. Klann is the Chief Executive Officer
for BlueFire Ethanol and Arkenol. As cofounder of both companies, he has
been responsible for the successful development or acquisition of over
610 megawatts of natural gas-fired cogeneration facilities, and been the
driving force behind the research and development effort leading to the
commercialization of the Arkenol technology. Prior to founding ARK
Energy, he successfully launched three businesses and managed complex
teams for project development and operation. Areas of technical
expertise include cogeneration development using natural gas-fired and
solid fuels technologies, ocean thermal energy conversion, and offshore
oil exploration design and operations. As Vice President of Engineering
and Product Development for GWF Power Systems Company, led technical
commercialization, development and permitting activities for eight
petroleum coke and coal-fired power plants. Specializes in frontier
technology development. A.A. (electrical engineering) 1972, Lakeland
College.
John E. Cuzens -- Chief Technology Officer / Senior VP/ Director
Mr. Cuzens is the Chief Technology Officer for BlueFire Ethanol and
Arkenol, Inc. He has been with ARK Energy and Arkenol for six years and
is the co-inventor on seven of Arkenol's eight U.S. foundation patents
for the conversion of cellulosic materials into fermentable sugar
products using a modified strong acid hydrolysis process. His career
resume records the successful completion of tens of projects valued
cumulatively at more than a billion dollars. He has more than twenty
years of project management experience punctuated frequently with
engineering or R&D management assignments. Mr. Cuzens has served a
Director of Projects for Wahlco Inc. and Manager of Engineering and
Project Management for Applied Utility Systems, both engineering and
fabrication companies producing environmental mitigation systems. He
also served as Director of engineering and manufacturing for Hydrogen
Burner Technology, a leader in partial oxidation production of hydrogen
for process and fuel cell technologies. He was the lead Project Manager
for Ultrasystems Engineers and Constructors in the process and
biochemical division leading multimillion dollar R&D pilot plant
construction projects for Fischer Tropsch and landfill gas benefaction
facilities as well as project liaison for ethanol from grain and cheese
whey facilities. His experience spans the power production,
petrochemical, biotech and fuel cell industries. Mr. Cuzens has a B.S.
Chemical Engineering degree from the University of California at
Berkeley. He is further a State of California, Registered Professional
Mechanical Engineer, 1980, License No. 20891 and State of California,
Contractors "A" License Responsible Managing Employee for ARK Energy,
Inc. No.A700016.
Necy Sumait -- Senior VP/ Director
Ms. Sumait is Senior Vice President for BlueFire Ethanol and for
Arkenol, Inc. She has extensive background in the development of energy
projects from inception through financial closing, commissioning, and
operations. She has broad experience in siting, regulatory compliance,
governmental and community relations and legislative affairs. Ms. Sumait
has played major roles in the successful development of several solar
and natural gas power plant projects and has been an active participant
in the state and national efforts to encourage the commercialization of
biomass to renewable fuels technologies. Ms. Sumait obtained all of the
federal, state and local permits required for the only cellulose to
ethanol plant to have been permitted in California. Prior to joining the
ARK/Arkenol group, she was Vice President of Project Development for LUZ
Development and Finance Corporation. While at LUZ, Ms. Sumait led the
efforts for the successful permitting of nine solar thermal projects
totaling over 500 MW through the California Energy Commission. Ms.
Sumait has a MBA in Technological Management from Illinois Institute of
Technology and a B.S. in Biology from De Paul University. She currently
serves on the Executive Board for the California Biomass Collaborative.
Chris Nichols -- Director
Chris Nichols is the Chairman and President/CEO of Advanced Growing
Systems, Inc. He brings substantial experience in business growth and
marketing. He previously headed Westcap Securities Private Client Group
as the Senior Vice President in charge of sales and marketing. He brings
10 plus years of strategic investment/public market experience beginning
at Dean Witter Reynolds in 1994. He has a broad range of knowledge from
sophisticated derivative trading to offering Separate Account services
to High Net Worth Individuals. He holds all applicable licenses
including a Series 24 and Series 7. Mr. Nichols is a graduate of
California State University in Fullerton with a B.A. degree in Marketing.
William Davis -- Project Management
Mr. Davis is Vice President of Project Management for BlueFire Ethanol,
Inc. Over his 30 years of experience, he has served as advisor to the
Governor of California for energy conservation and renewable energy
policy; additionally he has worked for several fortune 500 hundred
companies managing their energy development activities. While at the
Office of Planning and Research, he spearheaded the concept of
cogeneration at California State facilities. While there he pioneered
the concept of the Standard Offer contract, which stimulated the IPP
industry in California. Mr. Davis has been a senior executive of
development for companies including Texas Utilities, Enserch Energy,
Oxbow Power, Pacific Power and Light, and Diamond Generating (a
Mitsubishi subsidiary). Mr. Davis has been responsible for the
successful development of over 2,000 megawatts of generation throughout
the world. He has been responsible for development activities that span
the power arena from solar energy to fossil fuel. Mr. Davis is a
graduate of the California State University at San Luis Obispo with a
Bachelor and Masters in Architecture. He is a registered Architect in
three states.
Kent A. Larsen -- Business Development & Corporate Finance
Mr. Larsen has thirty years of experience in power generation and energy
conversion project and corporate finance, and power project development
worldwide. Mr. Larsen has been a Vice President of ARK Energy, Inc. and
has, for the last thirteen years, provided financial advisory services
to and has successfully arranged multi-sourced and comprehensive project
and structured financings on behalf of many of the major US and
international independent power producers for power projects totaling
more than US $5 billion in financing and over 7,000 MW. Mr. Larsen has
been a co-founder and senior finance officer of three independent power
companies, corporate treasurer of two US based, global engineering and
construction companies, and a senior banking officer and managing
director for project and international finance at two of the world's
largest financial institutions. He holds an MBA-Finance from UCLA
Graduate School of Business, and BS degrees in Civil Engineering and
Mathematics from the University of Washington.
In describing the management team, Mr. Arnold Klann stated: "We have put
together a very experienced management team at BlueFire that all our
shareholders can be very proud of. Our management team has more hands on
experience with the conversion of biomass to ethanol than any other
company in our industry. We feel we have a lead in the coming explosion
of the conversion of biomass to ethanol, which we believe is the
technology of the future in the ethanol industry. With our patented
technology and our management team, we will take the lead in bringing
this technology to the United States and internationally. We are
finalizing several exciting projects and joint ventures which we will be
announcing in the near future, which will result in revenue recognition
for us in 2007, which is substantially before any other potential
competitor will achieve commercialization of their technology."
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