About the Team LEADERSHIP Kevin D. Maloney Mr. Maloney is responsible for QuantumSphere’s vision, business strategy, and marketing execution and has helped secure more than $20 million in funding since the company’s 2002 inception. His seasoned investment, business development, and marketing experience has significantly contributed to QuantumSphere’s global exposure and innovative business approach over the last ten years. Prior to co-founding QuantumSphere, Mr. Maloney was vice president of institutional sales and marketing at First American Corp. (NYSE: FAF) working in the Capital Management and Trust Division. Previously, Mr. Maloney served as principal and compliance officer at Pacific Investment Management Company (PIMCO), an institutional investment advisory firm with over $1.7 trillion in assets under management. With a lifelong passion for health and fitness, immediately after college Mr. Maloney co-founded 8Blend®, Ready-to-Blend all natural fruit smoothies, which grew into a leading pre-packaged solution for convenient, healthy, freshly blended beverages, selling more than 10 million units nationally before getting acquired. Mr. Maloney has raised capital for numerous private equity placements and held NASD Series 7, 26, 63, and 65 securities licenses. Mr. Maloney is a frequent speaker and panelist at various universities and industry conferences and a member of the American Chemical Society (ACS) and Young President’s Organization (YPO). He is also a mentor with Big Brothers Big Sisters of Orange County and an active board member for the Orange County Boy Scouts of America. Mr. Maloney has been awarded several U.S. patents, earned his B.A. from the University of California, Irvine and an M.B.A. from Pepperdine University. Laurence P. Dunn, CFA ______________________________________ Doug Carpenter, Ph.D. Dr. Carpenter is co-founder and inventor of QuantumSphere’s patented manufacturing process. His background includes over 30 years of senior technology and business leadership positions servicing military, industry and government research institutions. Previously, Dr. Carpenter served as the chief scientist of Technanogy, a nanomaterials manufacturing company focused on the production of nanoaluminum particles. Prior to Technanogy, Dr. Carpenter served as staff scientist at Hercules Aerospace Company and as staff scientist at Aerojet, a world-recognized aerospace and defense leader serving the missile, space propulsion, defense and armaments markets. Previously, Dr. Carpenter held a faculty position at University of the Pacific, CA and he was a member of staff at the Facility for Advanced Instrumentation at the University of California, Davis. Dr. Carpenter earned an M.S. in organic chemistry from University of the Pacific and a Ph.D. in materials science and engineering from the University of California-Davis where he concentrated on fracture testing and fabrication of functionally graded titanium/titanium-monoboride materials. Dr Carpenter holds several patents and has authored numerous publications in the area of material science. ______________________________________ Gregory L. Hrncir, Esq. Since 1994, Mr. Hrncir has served as securities and corporate counsel for a broad range of private and publicly traded companies, principally focusing on emerging growth technology companies. Mr. Hrncir has significant experience regarding IPOs, M&A transactions, structuring companies and transactions, joint ventures, strategic partnerships, 34′ Act public company reporting and Sarbanes-Oxley compliance. Mr. Hrncir currently serves on the Board of Directors of PayScan America, Inc., a privately held company. Mr. Hrncir received a Bachelor of Science from Arizona State University and a Juris Doctor degree from Whittier Law School. Mr. Hrncir is a member of the Arizona and California State Bars and numerous philanthropic and industry associations. Richard Sweet Mr. Sweet serves as executive vice president, product planning and development. An experienced mobile and consumer electronics industry professional of 25 years, Mr. Sweet brings to QSI a broad range of expertise in the areas of technology development and portfolio planning, program management, consumer experience planning, operations/supply management, and strategic marketing. In his senior management roles at Nokia, Qualcomm and Motorola, he provided leadership expertise to guide, coach and inspire teams to excel in accomplishing goals with product execution in key markets such as North America, China, Latin America and Western Europe. In his personal life, Mr. Sweet enjoys competing in Ironman distance triathlons where he qualified and raced in the IM World Championships and holds course records in North America. Mr. Sweet earned a bachelor of science in Electrical Engineering, Computer & Electronics, from George Mason University. Vito A. Canuso, Esq. Mr. Canuso joined QuantumSphere in 2008 from Knobbe Martens Olson & Bear (KMOB), where he had been practicing as an IP lawyer since 1990 and partner from 1995 to 2008. While his practice has historically focused primarily on IP litigation and IP prosecution matters, Mr. Canuso more recently spent a great deal of his time assisting start up companies in IP strategy. During his career, he has handled numerous IP litigation matters dealing primarily with the enforcement and defense of patent infringement and trademark infringement issues. The technology involved in those litigation matters has included consumer electronics, semiconductor processing equipment, medical devices, pharmaceuticals, telephony, motorized watercraft, controllers, and circuit board devices. He has litigated cases before district courts throughout the United States and before the ITC, as well as appeals to the Federal Circuit. His patent prosecution docket has focused primarily on clean technology, including electrochemical applications, and medical devices for numerous life science applications in the cardiovascular and pulmonary fields. Mr. Canuso’s clients have ranged from international conglomerates with huge IP portfolios, to small domestic companies looking to build upon emerging technology. Mr. Canuso received his Juris Doctor degree from the University of San Diego. He earned a master’s of science degree in Environmental Health Engineering from the University of Notre Dame and a bachelors of science degree in Mechanical Engineering from Villanova University. Brendan McKenney Mr. McKenney has been working in the field of material science for two decades. His expertise in pyrotechnics and materials safety has been practiced in 20 countries and 49 of the 50 United States. He toured for Pyro Spectaculars as lead PT (Pyrotechnician) on Michael Flatley’s Lord of the Dance, Bon Jovi World Tour, WWE, the 2002 Winter Olympics, and numerous Super Bowl Halftime Shows. Mr. McKenney’s accomplishments include being nominated as Pyrotechnician of the Year by Performance Magazine, and led to a management position in custom production of significant pyrotechnic exhibitions. His responsibilities included staging, choreography, music selection, venue specific custom devices, and logistics. He managed over 100 events a year and his responsibilities of negotiating contracts, managing projects, customer service, overseeing safety, working with government authorities, and acting as the liaison with customers and regulators, are a natural fit for his position at QuantumSphere. His expertise in energetic materials and their behavior, safe handling techniques, manufacturing and integration to end product are vital. As Director of Operations at QuantumSphere he designed, built and implemented a CRM database which incorporates production with the business activities as well as inventory management. He is the author of QuantumSphere’s Quality Systems Manual and was also responsible for leading the work with NIOSH field representatives in a volunteer EH&S program which included a comprehensive study of QuantumSphere’s nanomaterials and manufacturing capabilities during two onsite facility reviews. The results of the 2007 NIOSH study provided positive feedback on the Company’s safe handling of materials and best practice policies. In addition to EH&S management, his other responsibilities at QuantumSphere include manufacturing scale-up, automation optimization, quality control, inventory control, customer satisfaction, and order fulfillment. Mr. McKenney attended UC Irvine and has been a guest speaker for the City of Hope. ______________________________________ BOARD OF DIRECTORS Richard Berman, JD, MBA Mr. Berman’s business career spans over 35 years of venture capital, senior management and merger & acquisitions experience. In the past 5 years, Mr. Berman has served as a director and/or officer of over a dozen public and private companies. From 2006-2011, he was Chairman of National Investment Managers, a company with $12 billion in pension administration assets. As of June 2011, he became chairman of the International Corporation for Project Finance LLC, a leading private infrastructure finance company involved in over $10 billion of projects. Mr. Berman is a director of four public companies: Broadcaster, Inc., Easylink Services International, Inc., Advaxis, Inc., and Neostem, Inc. From 1998-2000, he was employed by Internet Commerce Corporation (now Easylink Services) as Chairman and CEO. Previously, Mr. Berman worked at Goldman Sachs; was Senior Vice President of Bankers Trust Company, where he started the M&A and Leveraged Buyout Departments; created the largest battery company in the world by merging Prestolite, General Battery and Exide to form Exide Technologies (XIDE); helped to create what is now Soho (NYC) by developing five buildings; and advised on over $4 billion of M&A transactions. He is a past Director of the Stern School of Business of NYU where he obtained his BS and MBA. He also has US and foreign law degrees from Boston College and The Hague Academy of International Law, respectively. Marc H. Goroff, Ph.D. Dr. Goroff has more than 20 years of groundbreaking experience in business, technology and academia. Upon completing his Ph.D., Dr. Goroff remained at the California Institute of Technology (Caltech) to perform advanced research in the application of super computers to theoretical physics. Dr. Goroff left academia to co-found his first company, Parasoft, which developed tools for parallel computing. Among his other roles, Dr. Goroff has served as the Director of Software Development at Sandpiper Networks, Exodus, and Cable and Wireless and was Vice President of Engineering at Reliable Distributed Information Corporation where he developed infrastructure software for supercomputers. Dr. Goroff is currently the CTO and co-founder of Quorum Technologies where he leads the development of automated management software for defense applications and disaster recovery solutions for commercial businesses. Prior to this, Dr. Goroff was the Chief Technical Officer for Themis Computer, a manufacturer of computer systems for the military & aerospace markets. Dr. Goroff earned his Ph.D. in Theoretical Physics from California Institute of Technology at age 23. Steven Myers Mr. Myers is a highly successful, four-time serial entrepreneur and an internationally recognized global thought leader on business competitiveness. He founded an Aerospace & Defense management consulting company, a Russian-American Joint Venture, a Business Jet Management company, and a private equity investment company. He is the 1999 Ernst & Young "Entrepreneur of the Year" for Software and Information Services for Orange County. Mr. Myers founded Aerospace & Defense Industry management consulting firm SM&A in 1982. He took that company public in 1998, and remained as Chairman & CEO until 2007. He spearheaded industry-changing innovations for winning U.S. Government programs, leading more than $360 Billion in competitions with an 86% win rate. With more than 450 employees and $100M in revenue, the company was sold to Odyssey Investment partners in 2008. He is also a two-time Air Force veteran and highly accomplished aviator, with more than 5,600 hours of flight time and nine jet type ratings. Between 1994 and 2007 his business jet management and charter business operated charter flights worldwide in Gulfstream, Hawker and Citation aircraft. In 1992, at the end of the Cold War, Mr. Myers was the first Westerner to fly an aircraft into the Kamchatka Peninsula in Far-Eastern Russia. There, he led the creation of one of the first Russian-American joint ventures, converting a remote, but strategically located military air base into a refueling base for international cargo carriers. He recently finished a book about those experiences, which should be in publication in 2011. Mr. Myers private equity investment company, Dolphin Capital Holdings, invests in companies with innovative business strategies; including applied materials development, stem-cell therapeutics, and distressed debt portfolio management. Mr. Myers serves on the U.S. State Department Advisory Committee on International Economic Policy and Chairman of the Orange County Homeland Security Advisory Council. At the Pacific Council on International Policy he serves as Chairman of their National Security Membership Committee. He also serves on a number of for-profit and non-profit boards. He is a recipient of the California Governor’s Special Recognition Award. Mr. Myers is a frequent lecturer on entrepreneurship at the USC Marshall School of Business and is heavily engaged in public service. He graduated from Stanford University in 1973 with a BS in Mathematics. ______________________________________ Francis C. Poli, Esq. Mr. Poli is general counsel, executive vice president and member of the executive committee of Cohen and Steers, Inc. (NYSE: CNS), a diversified financial services firm with approximately $30 billion in assets under management. He is responsible for the firm’s legal and compliance matters including investment advisory activities in Europe and Asia and an investment banking unit. Before joining Cohen & Steers in February 2007, Mr. Poli spent nine years with Allianz Global Investors (formerly PIMCO Advisors), one of the world’s largest asset managers, as chief legal officer and director of compliance. He was chairman of AGI’s Compliance Committee and a member of their Risk, Oversight and Controls Committee. Previously, Mr. Poli was an associate general counsel at J.P. Morgan and a securities attorney for Kelley Drye and Warren. He began his securities career in the sales and trading department of a boutique municipal bond-dealer and later performed fixed-income portfolio management and equity investing for a regional asset management firm. Prior to making his way to Wall Street, Mr. Poli worked for IBM in the company’s Thomas J. Watson Research Center and he founded and operated a sports recreation company. Mr. Poli earned his undergraduate degree at Boston College and his law degree at Pace University. He is a member of the New York and Connecticut Bars and maintains a supervisory license with the National Association of Securities Dealers. ______________________________________ Robert S. Venable, CFA Mr. Venable provides a unique combination of business development, financial, and engineering experience. As Chief Investment Officer for First American Capital Management, an investment advisor providing services to institutional, endowments, foundations and high net worth clientele, Mr. Venable led all investment decision-making activities as well as the investment operations, securities trading, and compliance efforts of the firm. Prior to joining First American, Mr. Venable served as Vice President in charge of Global Asset Allocation at PIMCO Advisors, L.P. He also held the position of Vice President, Equity Portfolio Manager at Pacific Investment Management Company (PIMCO). Prior to returning to graduate school to obtain his M.B.A., Mr. Venable was a Manufacturing Development Engineer for Hewlett-Packard (HP). At HP, Mr. Venable coordinated the manufacturing of Personal Computer products at divisions throughout the world. He was the manufacturing team leader on several new product introductions, including one that, due to its time-to-market success, became the feature story of a trade magazine. Mr. Venable received his M.B.A. in Finance, graduating with Distinction, from the Wharton School of Business of the University of Pennsylvania and earned a B.S. in Electrical Engineering and Computer Sciences from the University of California, Berkeley, graduating with High Honors. He has held a number of securities licenses including the Series 6 and 66. Mr. Venable is a Chartered Financial Analyst and a member of the Los Angeles Society of Financial Analysts. He is also a member of the Phi Beta Kappa Honor Society. ______________________________________ SCIENTIFIC ADVISORY TEAM Professor George Olah, Ph.D. Nobel Prize Winner in Chemistry (1994); currently Director of the University of Southern California’s Loker Hydrocarbon Research Institute and Distinguished Professor in Organic Chemistry One of the world’s preeminent scholars of hydrocarbon chemistry, Professor George Olah received the 1994 Nobel Prize in Chemistry for groundbreaking work on superacids and his observations of carbocations, a fleeting chemical species long theorized to exist but never confirmed. Olah devised a way to "freeze" the chemical process in time, enabling chemists to study their properties. What he found has revolutionized organic chemistry, leading to new discoveries, new fields of research and countless applications. Olah has made significant research contributions to the practical development of improved lead-free gasoline, cleaner high-octane gas and other promising nonpolluting fuels, as well as many chemical processes now used in pharmaceutical and industrial chemistry. Focus on Fuel Cells – Fuel Cells have long been a research interest of Dr. Olah. His discoveries have led to the development of a new kind of fuel cell, called the direct liquid methanol fuel cell, that is a highly efficient and convenient source of electricity. His most recent research centers on the conversion of two greenhouse gases, carbon dioxide and methane, into useful fuels and products, investigations driven by his long-standing interest in energy and environmental issues. To find new solutions to these pressing issues, Olah is working to develop new, cleaner and renewable energy technologies, based on methanol, to replace diminishing oil reserves while reducing levels of greenhouse gases. Dr. Olah is a member of the National Academy of Sciences and a member of foreign academies and societies. He has published some 1300 scientific papers, 15 books and has been issued some 120 patents. In 2003, he was awarded the Grand Cordon of the Order of the Rising Sun of Japan for his continued work promoting chemistry in Japan. In addition he was awarded the Priestly Medal in 2005 from the American Chemical Society. ______________________________________ Samson Hettiarachchi, Ph.D. Dr. Hettiarachchi has 33 years of experience as a college lecturer, researcher, innovator and a technologist. He has held a variety of technical positions at GE Nuclear Energy during the period 1991 to 2009, as Chief Engineer/Physical Sciences, Chief Technologist/Chemistry, Engineering Fellow and Principal Engineer. Prior to joining GE, he held the position of Electrochemist/Senior Electrochemist at SRI International (formerly Stanford Research Institute) from 1984 to 1991, and the position of Lecturer/Senior Lecturer in Chemistry at the University of Colombo, Sri Lanka during the period 1975 to 1983. He also conducted electrochemical research at the University of Karlsruhe, Germany, during the 1979 to 1980 time period. Dr. Hettiarachchi has a long history of generating innovative ideas some of which have been widely commercialized. He is the inventor of electrical injection of corrosion inhibitors for concrete rehabilitation, which is listed as one of SRI International’s 60 years of world changing innovations. Two of Dr. Hettiarachchi’s innovations at GE Nuclear Energy, NobleChemTM and On-Line NobleChemTM are widely used in the nuclear industry to extend the life of Boiling Water Nuclear Reactors. Currently these technologies are used in the US, Japan, Spain, and Switzerland. These two technologies have generated a multi-hundred million-dollar business, and are still rapidly growing. Dr. Hettiarachchi’s research experiences include Physical Chemistry, Electrochemistry, Surface Chemistry, Catalysis, Corrosion and Mitigation of materials, Battery Technology, Sensor Technology, and In-situ Generation of Nano-particles. He also has extensive experience in New Product Introduction, Marketing and Sales experiences in the US, Japan, Taiwan, Switzerland, Spain, Germany, and Sweden. He has over 100 publications in international journals and conference proceedings. He also holds 27 issued US patents. Dr. Hettiarachchi has won many awards at GE Nuclear Energy, including the Value Award (2006), Edison Award (2005), Outstanding Technical Contribution Award (1997), Business Contribution Award (1996), and the General Manager’s Award (1994). He has also been a German Academic Exchange Scholar (1979) and a British Council Scholar (1972). Dr. Hettiarachchi has earned the Bachelor of Science Degree B.S. in Chemistry from the University of Colombo, Sri Lanka in 1970, and a Ph.D. degree in Electrochemistry from the University of Cambridge, England in 1976. ______________________________________ Kimberly M. McGrath, Ph.D., M.B.A. Over the past few years, Dr. McGrath’s research at QSI has focused on high power passive fuel cells and batteries for portable systems. Other activities include integration of new catalysts into rechargeable battery systems as well as electrochemical reduction of carbon dioxide to fuel products. Dr. McGrath received her B.S. in Chemistry from the University of California, Santa Cruz, a Ph.D. in Chemistry from University of Southern California, and an M.B.A. from University of California, Irvine. She is an active member of the Electrochemical Society, American Chemical Society, and SAE. ______________________________________ Jason Norman, Ph.D. Dr. Jason Norman brings to QSI a unique combination of business development, strategy, and R&D experience obtained over 19 years delivering technology solutions to Fortune 500 companies in the chemicals, gas, oil refining, and energy sectors. Dr. Norman joins QSI from C12 Solutions – an environmental consulting firm specializing in clean energy technology development, carbon footprinting, and carbon markets. Prior to C12 Solutions, Dr. Norman served as a business integration officer in corporate strategy for The Linde Group during their acquisition of BOC Gases – both leading global industrial gases companies. In this role, he facilitated the integration of the technology development and innovation programs as well as leading the merger of the South American regional business units. During his ten years with BOC prior to the acquisition, Dr. Norman worked initially as a research engineer within BOC’s R&D refining group where he developed and commercialized novel catalytic and combustion related technologies and processes. He progressed through the ranks of BOC’s R&D function, managing the research programs for the chemicals, refining, pharmaceutical, and energy sectors. Later, Dr. Norman became section manager of the company’s process simulation and modeling group where he and his team worked with major clients developing industrial process enhancements and technical solutions. Leveraging his technology successes and experience working with major customers, Dr. Norman then joined BOC’s corporate business development group as a senior business development manager. His responsibilities included identifying and developing major new business growth initiatives and defining and implementing BOC’s global corporate strategy. Dr. Norman holds a Masters in Fuel and Energy Engineering from Leeds University, UK and is a Chartered Energy Engineer (European equivalent of P.E.). His doctorate, also from Leeds University, focused on understanding the formation and destruction pathways of environmental pollutants in integrated gasification combined cycles. Dr. Norman has been awarded numerous business and technical innovation awards including BOC’s top ‘Chairman’s’ award for technology innovation in oil refining. In 2004, he was selected by the National Academy of Engineering to attend their Frontiers of Engineering symposium – a symposium bringing together the Nation’s top 84 engineering research scientists to explore new insights and collaborations. Dr. Norman has a proven public-speaking track record and has over twenty publications and patents in the fields of hydrogen production, pollution control, refinery, and chemical process enhancement. A multiple Ironman Triathlon finisher, Dr. Norman is a highly focused and determined individual who sets short and long-term objectives and works closely with customers and partners to ensure mutual success. ______________________________________ John Faiz Kayyem, Ph.D. Dr. Kayyem was born in Los Angeles and attended local schools, graduating from Harvard (now Harvard-Westlake) School in 1981. He then attended Yale University and received his combined Master and Bachelor of Sciences in Molecular Biophysics and Biochemistry in 1985. He went on to graduate school at The California Institute of Technology and received his Ph.D. in Molecular Biology in 1991. He remained at Caltech as a Senior Research Fellow for several years before launching his own venture. Throughout his education, Dr. Kayyem’s research in molecular and cellular biology, genetics and DNA analysis has been focused on the development of powerful tools for the emerging genomics field. While at the California Institute of Technology, Dr. Kayyem received several research awards including the Beckman Institute Research Fellow in Biology, the Helen G. and Arthur McCallum Fellow and the Office of Naval Research Predoctoral Fellowship. Dr. Kayyem is a distinguished scientist with many research publications to his credit in such respected journals as the Journal of Organic Chemistry, Journal of American Chemical Society, Journal of Cell Biology, European Journal of Biochemistry, and Chemistry and Biology. Most of these publications address issues of electron flow in organic molecules. His other works have involved the development of new MRI contrast agents and studies of DNA using a novel chemical force microscopy system. In 1995, Dr. Kayyem founded Clinical Micro Sensors-now called GenMark Diagnostics, Inc.–to commercialize technical innovations he developed while at Caltech. GenMark uses advanced electronics and biochemistry to create electronic detectors of specific DNA sequences. These "biosensors" have been used in the diagnosis of disease, the detection of environmental pathogens and in monitoring food safety. A novel use for these sensors is emerging in the field of personalized medicine, where these sensors are being used to identify genetic signatures in individual patients that can help in the determination of which drug at what dosage is best for this particular individual. GenMark Diagnostics is emerging as an important player in the new field of applied genomics. The company has 3 FDA approved tests for its XT-8 platform and intends to continue to launch and market new tests in such areas as genetic diseases, cancer, infectious diseases and personalized medicine. Since 1997, Dr. Kayyem has been awarded 32 U.S. patents in nucleic acid detection technology, all licensed to or owned by Clinical Micro Sensors. The intellectual property describes the bio-electronic detection of DNA and numerous methods and compositions for detecting and analyzing DNA. Dr. Kayyem serves on various private company boards, including an AIDS gene-therapy company and a Web 2.0 company developing web-based tools for business and personal presentations. He co-produced a soon-to-be completed feature-length film titled "Nobel Son," about a "Cal Sciences" Professor and the kidnapping of his son on the eve of the Professor’s receipt of the Nobel Prize in Chemistry. He is also Executive Producer on "The Ground Truth: After the Killing Ends," a feature-length documentary about the emotional and psychological effects of war on US soldiers. The Ground Truth has been well received by critics and audiences, including those at the Sundance Film Festival. This film also made the "short list" of Oscar potential nominees in 2006. Dr. Kayyem serves on the Board of Trustees of Caltech. He recently served on the Board of Trustees of The Art Center College of Design. Finally, in support of his passion for renewable fuels, he is a founding board member of Green Depot, a non-profit organization supporting sustainable transportation. Green Depot seeks to build alternative fueling stations that will provide much-needed distribution points for biodiesel, ethanol and other renewable fuels and also serve as educational centers for those seeking information about energy, climate, pollution and transportation. ______________________________________ BUSINESS / LEGAL ADVISORY TEAM Bill Collins Bill Collins is a managing director of Starboard Venture Partners, LLC and is an executive committee member of the Tech Coast Angels in LA. Bill started his career at Intel Corporation, quickly becoming a lead sales person on the IBM account and helping to establish the Intel-IBM relationship. He was a key executive for International Rectifier, ramping the company from $60M to over $700M. Collins was instrumental in taking IR’s power MOS technology from the early adopter phase to global market leadership in multiple market segments. He then became an angel investor and is a prolific deal lead with a successful portfolio. He serves in multiple BOD and advisory roles and is a certified corporate director. He is a frequent industry panelist and guest lecturer at CalTech, USC and LARTA. Bill has an EE degree from Clarkson University. |
