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06.23.08 Successful Testing of Prototype Battery
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06.18.08 AIC, RedOx & Mitsubishi Corporation to Convert Waste to Ethanol

06.18.08 Successful field trials of the commercial-grade (“2-G”) electrolyser
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Robert Clarke, Stephen Clarke, and Darron Brackenbury originally founded what is now AIC nearly 15 years ago. Since then, the three have led the company’s executive management team, with Dr. Stephen Harrison joining the executive management team in 2001. Robert Stoffregen joined as CFO in 2006 and now leads AIC’s expanding financial functions.

Members of the board and several senior executives have extensive operational experience in commercializing electrochemical ideas both in the UK and the US. Currently, there are seven directors on the board, including four non-executives.

 
company history  
AIC, and its predecessor companies, has a well-established history of developing new technologies in the energy, metals recovery, and environmental areas, primarily through electrochemical engineering. In January 1994, the founders established AIC Labs to provide technical and business consulting in environmental and sustainable applications of electrochemisty to large corporations. By 1999, it had become a successful technical consultancy with its own research and development and rapid-prototyping capabilities.

The founders then established AIC later in 1999. Its purpose was to act as a small venture capital fund with which to finance continued development of novel electrochemical technologies. Between 2000 and 2005, the founders were increasingly successful in combining AIC Labs’ growing technical capability with AIC’s business, funding, and commercialization skills. In July 2006, the founders transferred the 80 percent of AIC Labs that they owned to the company. In November 2006, the minority shareholder sold the remaining 20 percent of shares to AIC. AIC became a publicly traded company listed on the Alternative Investment Market (AIM), a sub-market of the London Stock Exchange, in January 2007.

Throughout its history, AIC has developed a network of strategic partners and research institutions, which it has used to help develop a number of technologies, projects and business streams in the past. These include Lotus Engineering, Rohm & Haas, BASF AG, and Lawrence Berkeley National Laboratory.

 
management
 

Stephen Clarke has years of experience in the development, funding, and commercialization of engineering and technologies based on applied science. As AIC’s cofounder and CEO, Stephen’s primary roles are leadership, strategy development, technology coach, and deal-maker; he also identifies, develops and closes new technology commercialization opportunities for AIC.

From 1976 to 1985, Stephen worked in the design, engineering, and advanced manufacturing of aerospace gas turbines at Rolls Royce. During that time, he earned a BSc in mechanical engineering and an MSc in engineering enterprise management. In 1985, Stephen led a joint British Telecom and Aston University team that developed and implemented one of the world’s first graphical user interfaces for enterprise management software systems. For this work, he was awarded a PhD in computer simulation and business policy design. Stephen then went on to spend several years working as a management consultant, first with BDO Binder Hamlyn (from 1987 to 1989) and then with Gemini Consulting (until 1992). During this time, he sold and managed assignments in business strategy, crisis management, M&A, corporate re-engineering, and supply-chain management.

Stephen cofounded his first company in 1992, which was eventually restructured to become AIC.



Robert Clarke (Stephen’s father) is a committed electrochemist and electrochemical engineer. With decades of expertise in processes, materials, and device innovations, Robert’s career has encompassed substantive periods in organic chemical synthesis (CIBA, LB Holliday & Co.), advanced batteries and fuel cells (Chloride Batteries), advanced clean fuels (Chevron Research), and water purification and re-use (Ecological Engineering). He has acted as a consultant in Europe, North America, Mexico, and Canada for such organizations as EPRI, HydroQuebec, Hughes Aircraft, Lockheed, DOE, ICI, and Exxon.

Robert is a fellow of the Royal Society of Chemistry, a chartered chemist, and a member of the Electrochemical Society and the International Society of Electrochemistry. He is also a member of the US National Association of Corrosion engineers and a former member of the British Institute of Management.

Robert leads AIC in its self-funded research and development and oversees the establishment of AIC’s IP portfolio.

 

Darron Brackenburry
darron title

Darron Brackenbury manages AIC’s product engineering, rapid prototyping, and early sales functions. Darron helped establish AIC’s licensing and technology transfer functions, and leads AIC’s mining process group. Darron has considerable experience in technology transfer, international business management, sales and marketing, team building, and company turnarounds and start-ups in Europe, Asia, and North America.

After earning a BSc in mechanical engineering at the University of Trent in Nottingham, Darron worked on gas turbine engineering and advanced manufacturing technology with GEC and GEC ALSTOM from 1980 to 1986. There, he designed GEC’s first transonic gas diffusers and developed its initial robotic manufacturing system for high-volume components. This period included a GEC-funded six-month sabbatical with Mazak Corporation in Nagoya, Japan, where he studied advanced manufacturing engineering and flexible manufacturing systems. In 1988, Darron earned an MBA at London Business School before taking on two interim management assignments (first at Pepe Jeans, where he led its expansion into the Japanese market, and then at a Benetton subsidiary, where executives recruited him to deliver a company turnaround).

In 1993, Darron co-led the formation of what is now AIC.

 

Robert Stoffregen
bob s title

Robert Stoffregen began working with AIC as chief financial officer in July 2006, initially as a consultant. Four months later, he was appointed a director.

Bob has more than 30 years of finance and accounting experience, including work as a tax partner with Deloitte & Touche. He has acted as CFO for numerous public and pre-public companies, including The Good Guys, Reactrix, The Sharper Image, YES! Entertainment, The California Culinary Academy, Radical Entertainment, Zap Me!, and PurpleTie.com.

Bob is a lawyer and certified public accountant. He holds a bachelor’s degree in accounting from the University of Minnesota at Duluth and a Juris Doctorate from William Mitchell College of Law.

 

selwyn mould
selwyn mould ceo aiclabs

Selwyn Mould joined AIC in February 2007 to establish the UK operating company and lead the advanced hybrid and electric vehicle battery venture. Selwyn has extensive experience in the automotive industry and in developing supply-chain relationships to support growing businesses.

Selwyn has a degree in natural sciences from Cambridge University and a diploma in business administration from Manchester Business School. In 1984 Selwyn joined Chloride Group plc, where he spent six years, latterly as battery-assembly manager in the motive-power division. Selwyn then moved into management consulting, initially with Touche Ross, and then with Gemini Consulting, where he led assignments in process improvement and business re-engineering for chemical, pharmaceutical, automotive, and engineering clients for six years. Selwyn has also worked with Pilkington plc, initially as logistics strategy manager and then as the head of European logistics.

In 1999, Selwyn moved to Group Lotus as head of supply chain. At Lotus, Selwyn was a senior executive in the Lotus Cars business team, where he was responsible for driving the introduction of the Lotus new product development process and for developing relationships with key suppliers, such as Toyota and Hydro.



dr richard varjan
dr varjian title

One of AIC's VPs of research, Dr. Richard Varjian, is a recognized leader in electrochemical engineering. Richard spent 30 years with Dow Chemical Company before joining AIC, working in several Dow plants, in both corporate research laboratories and licensing and new business ventures. Richard was also responsible for collaborating with national laboratories, the US Department of Energy, and many commercial partners. Richard has always maintained that collaboration and open communication with all stakeholders are the keys to maximizing technical productivity.

With more than 10 US and international patents to his name, Richard served as chair of the Guidance and Evaluation Board for Advanced Industrial Materials Program in the Office of Industrial Technologies for the US Department of Energy from 1990 until 2000. Additionally, Richard was a division officer and local chair of The Electrochemical Society; a member of AIChE; and a frequent contributor to professional journals specializing in electrochemistry. Richard is also the recipient of several scientific awards, including the Dow Technology Center Implementation Award and Dow's distinguished Inventor of the Year Award. A native of New Jersey, Richard graduated cum laude from Rutgers University with a degree in chemical engineering, and earned his master's degree and PhD in chemical engineering from the University of Illinois.



dr stephen harrison
dr richard harrison

Stephen Harrison is a talented electrochemist and chemical
engineer with numerous patents to his name. His early background was in the combination of organic chemistry and electrochemistry.

After earning a PhD in electrochemical engineering in 1986, Stephen remained at Newcastle University for two years, developing a novel zinc leaching and refining process through the design and optimization of new types of electrochemical cells. Stephen then joined Laboratoire Technologies Électrochimique Électrotechnologies d’Hydro Quebec, one of Canada’s leading electrochemistry R&D centers. There, he managed a large R&D program focused on developing and commercializing a cerium redox-based electrosynthesis process for fine chemicals. In 1999, Stephen joined Limtech Inc., a supplier of specialty lithium chemicals for the emerging lithium-ion battery industry, as an executive VP.

Stephen joined AIC as vice president of technology in 2001.


sir andrew likerman

Sir Andrew Likierman is a non-executive director of the Bank of England and a non-executive director of Barclays Bank. He is also a professor of management practice in accounting at London Business School, and was previously managing director of financial management, reporting, and audit, and head of the UK Government Accountancy Service at HM Treasury. Sir Andrew was formerly chairman of MORI Group Limited and is a past president of the Chartered Institute of Management Accountants.

Likierman was appointed as the non-executive chairman of the AIC board in November 2006.

 

james weir

James (“Jamie”) Weir worked for 12 years at the Weir Group Plc, a LSE-listed Scottish-based engineering company. There, he built a 20-year career in the venture capital and private-equity business. He began his career in venture investment banking with LF Rothschild Unterberg Towbin and in 1986 joined Hambro’s Advanced Technology Trust, a quoted venture capital group. He subsequently joined Hambro’s European Ventures in 1990, and in 1998 he became a cofounder of the successor company, Duke Street Capital, from which he retired in 2005.

Jamie was appointed as a non-executive director of the company in November 2006.

 

anthony amor

Anthony (“Tony”) Amor has wide-ranging experience advising early-stage and expanding companies – particularly in the areas of strategic planning, business development, and financing. In addition, he has served as a director for a number of public, privately held, and professional organizations.

After graduating from Cambridge in 1967, he worked for Shell International in London, Australia, and Venezuela. While earning an MBA at Harvard, he worked for Arthur D. Little, and in 1976, joined Natomas Company, an energy and transportation company based in California. Eventually, he worked as a senior officer for Natomas Energy’s oil, gas, and coal interests. Tony has also served as president for Thermal Power, a geothermal and renewable energy company. In 1984, he founded the Diablo Executive Group, an interim management, consulting, and investment business focused on the environmental technology, energy, and utility sectors. In 2003, he was appointed CEO of ITI Energy Limited, which invests in research, development, and commercialization of new energy technologies. He also served as a director of the parent organization, ITI Scotland Limited, until 2005. Tony continues to serve as a senior advisor to ITI Energy Limited and as an ITI-appointed director of Plurion Limited.

Tony was appointed as a non-executive director of the company in November 2006.

 

david thompson

David Thompson has extensive experience in resource development, engineering solutions, and business development. He has a BSc in mechanical engineering and is a member of the Professional Engineers, Geologists, and Geophysicists of Alberta. Having worked as an engineer for Schlumberger and Nova Corporation, David then founded Northern Cross Energy in 1984, a Canadian gas production and processing company for which he is still president. During this time, David also worked as president of Smart Pipeline Services, a pipeline inspection product development company. He oversaw its incorporation in 1995 and its profitable sale to Tuboscope Vetco in 1998. He was then appointed CEO of Port Albert Wind Farms, a renewable energy business, in 2002. That company was profitably sold to EPCOR in 2005. Since 2003, he has also worked as a director on StrataGold Corporation, a TSX-listed gold exploration company.

David was appointed as a non-executive director of the company in November 2006.

 

 


 
 
 
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