Aztec Equity Partners Taps World Class Team of Cleantech Experts

Aztec Equity Partners Taps World Class Team of Cleantech Experts



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CORRECTION AND REPLACEMENT: There has been a correction about the information of Mr. Rick Sellers in the third paragraph of this release. This version corrects and replaces the version that was distributed Tuesday, October 24.

New York, NY–(HISPANIC PR WIRE)–October 25, 2006–Aztec Equity Partners today announced the addition of three renowned cleantech experts to its team: Dr. Gary Thomas, Mr. Rick Sellers, and Dr. Nejat Veziroglu.

Before joining Aztec, Dr. Thomas was the Chancellor of the University of Missouri-Rolla. He previously served at the State University of New York – Stony Brook, where he was dean for research and headed the energy conservation laboratory. He also served as Provost of the New Jersey Institute of Technology (NJIT), directing university research programs including the Brownfields Economic Redevelopment program. Dr. Thomas has been an AAAS Congressional Fellow at the Office of Technology Assessment where he was the director of the assessment of the National Materials Information System. He has also served on several boards of major corporations including chairing the Public Service Electric & Gas Research Advisory Committee.

Mr. Sellers is a widely respected authority in the field of renewable energy. Before joining Aztec, he was the Head of New and Renewable Energy Unit of the International Energy Agency (IEA) in Paris, France. Most recently, Mr. Sellers served as a Senior Advisor to the Government of Abu Dhabi on the establishment of “Al Masdar,” a strategic initiative to expand and diversify the economy by investing in sustainable technologies.

Dr. Veziroglu is also a leading authority on renewable energy. He is the President of the Clean Energy Research Institute at the University of Miami. He also organized the first major conference on Hydrogen Energy in 1974. He is the Founding President of the International Association for Hydrogen Energy. Further, he is the Founding President of The United Nations International Centre for Hydrogen Energy Technologies (UNIDO-ICHET). In 2000, Dr. Veziroglu was nominated for the Nobel Prize in Economics for both envisioning the Hydrogen Economy, and striving towards its realization.

“The exceptional track record of demonstrated leadership and success in the field of cleantech by Dr. Thomas, Mr. Sellers and Dr. Veziroglu will help Aztec to deliver superior returns to its investors,” said Dr. Ali Akansu, Managing Director.

“Given the economic, political and environmental significance of the fast emerging renewable and alternative energy technologies, we are proud that these three outstanding professionals share our forward looking vision,“ added David Schropfer, Chief Investment Officer.

About Aztec

Aztec Equity Partners provides capital, management expertise, and value-added services to early-stage and emerging growth cleantech companies with superior growth potential. We leverage our experiences, industry expertise, and investment partners to guide visionary technology entrepreneurs. We invest in companies that, while small today, may be a Fortune 500 tomorrow.

For more information about Aztec Equity Partners, please visit http://www.aztecpartners.com

Aztec Equity Partners Taps World Class Team of Cleantech Experts