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Posted February 1, 2008
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Change Up

Enerkem announces its executive team

MONTREAL - Enerkem Inc. announced today its executive management team composed of new and existing members.

Messrs. Vincent Chornet and Esteban Chornet, two founders of the company, have been appointed respectively Chief Executive Officer and Chief Technology Officer. Two new executives, Messrs. Pierre Richard and Dino Mili, have recently joined the company. Mr. Pierre Richard has been appointed Chief Financial Officer and Mr. Dino Mili is Vice-President, Business Development.

Mr. Vincent Chornet has been appointed Chief Executive Officer. Prior to founding and leading Enerkem, Mr. Chornet was involved as an entrepreneur and consultant in developing and funding industrial projects and in assisting start-up companies in the fields of power production and specialty chemicals. He is also co-founder of Fractal Systems Inc., a private technology company active in upgrading heavy-oil and bitumen crudes into lighter oils. Previously, he was at the Laurentian Bank of Canada.

Mr. Esteban Chornet has been appointed Chief Technology Officer. Mr.?Chornet was Professor of Chemical Engineering at the Universite de Sherbrooke, Quebec, Canada. He also worked, from 1993 to 2003, at the National Renewable Energy Laboratory, in Colorado (U.S.A.), as Principal Research Engineer.

Mr. Pierre Richard has been appointed Chief Financial Officer. Before joining Enerkem, Mr. Richard was Vice-President Finance and Chief Financial Officer at Transforce Income Fund, a transportation and logistic company, and at CSL Group Inc., a worldwide shipping organization. Prior to that, he successively held the positions of Vice-President Finance, Executive Vice-President, and President-General Manager at the following companies: WCI Canada Limited, Consolidated Bathurst and UniMedia Inc.

Mr. Dino Mili has been appointed Vice-President, Business Development. Mr. Mili has over 15 years of experience in the development, acquisition and project financing of energy projects including hydro, wind, forestry biomass, and landfill gas projects. He has worked for different companies including Domtar Inc., a pulp and paper company, and CHI Canada Inc., a subsidiary of Enel GreenPower, a world leader in the renewable energy sector.

"I am pleased to welcome Pierre Richard and Dino Mili to Enerkem. They are seasoned executives in their respective fields and their expertise will prove valuable to our team. Combined with our strong process engineering and research and development teams, I am confident this solid executive team will scale Enerkem's business successfully in this growing market for cellulosic fuels", said Vincent Chornet, Chief Executive Officer of Enerkem.

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