Ake Almgren has served as a member of our Board of Directors since March 2004. Since May 2003 Dr. Almgren has served as President of his consultant company ORKAS Corp. From July 1998 to May 2003 Dr. Almgren served as Chairman and Chief Executive Officer of Capstone Turbine Corp. Prior to his employment at Capstone Dr. Almgren had a 26-year career at ASEA Brown Boveri Limited (ABB) a worldwide power solutions company where he held the position of worldwide Business Area Manager for Distribution Transformers and managed the operation of 36 plants in 28 countries. He also was President of ABB Power T&D Company President of ABB Power Distribution and President of ABB Power Systems during his tenure at ABB. Dr. Almgren also serves on the board of directors of several private companies. Dr. Almgren holds a Ph.D. in Engineering from Linkopings Tekniska Hogskola in Sweden and a Masters of Mechanical Engineering from the Royal Institute of Technology in Stockholm Sweden.