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Present Management and Board Member Profiles

Bob Bench, Chief Executive Officer

>4 years as CPA with KPMG Peat Marwick
>28 years in senior management and executive positions in private and public companies, including international experience and assignments
>Previously CFO of Innuity (INNU) and The SCO Group (SCOX), and held senior management positions in West-Wind, Webmiles, Sento (SNTO), CerProbe (CRPB), Fresh Technologies, Clyde Digital, and NP Energy (NPEE)
>Assisted both private and public companies raise over $150 million through IPOs, APOs, and PIPEs
>Background includes oil and gas, the software, hardware, and semiconductor industries
>Mr. Bench is a CPA and holds a bachelor degree in accounting from Utah State University


James U. Jensen, Chairman

>Currently serves as the Independent Board Chairman for the Wasatch Funds, a family of 11 mutual funds managed by Wasatch Advisors, Inc., and has served as a director of Wasatch Funds since they were organized in 1990
>Outside director at the University of Utah Research Foundation and is a director of the Utah chapter of the National Association of Corporate Directors
>Served as Secretary and General Counsel and a director of NPS Pharmaceuticals, Inc.(NPSP)
>Served as an outside director to InterWest Home Medical, Inc. (IWHM) and served first as outside counsel and then as Chief Financial Officer to Cericor, Inc. 
>Has been counsel or director to many high-tech private companies
>Graduated from the University of Utah, served a Fulbright Grant in Mexico and received his J.D. and M.B.A. degrees from Columbia University



John Knab

>CEO, President, and Chairman of Phonex Broadband Corporation. Prior to Phonex
>Served as the National Director for Verizon (Data Communication Products) from 1986 to 1989 where he directed a division comprised of over 2,700 computer and telecommunication products
>Served in roles as a Sr. HQ Planning Staff, Regional IT Management, Marketing Manager & Marketing Representative for IBM Corporation from 1977 to 1986
>Member of the Board of Directors for the MountainWest Capital Network
>Earned an MBA from Emory University in Atlanta, Georgia and a B.A. from Brigham Young University’s College of Communications/Advertising


John D. Thomas

>Practices law, specializing in reverse takeovers, mergers and acquisitions, and general corporate law for a variety of small public and private companies in the United States, United Kingdom, and Germany
>Since May 2006, he has also been the director of the microcap division for small public company listings for MCC Global NV (FSE: IFQ2) an international financial services and investment conglomerate based in London and traded on the Geregeltermarkt of the Frankfurt Stock Exchange
>Chief Executive Officer and Chairman of SportsNuts, Inc., a small sports management company traded on the OTC Bulletin Board in the United States
>Has facilitated the public flotation of numerous companies on the AIM, Frankfurt Stock Exchange, and OTC markets in the United States
>Holds a Juris Doctor degree from Texas Tech University School of law and a Bachelor of Arts degree in History from the University of Utah



Proposed New Management and Board of Directors

Bennett Yankowitz: President, CEO and Director

>10 years in oil and gas acquisitions
>25 years as a corporate attorney with major law firms (Kaye Scholer, Heenan Blakie, Stroock & Stroock & Lavan, White & Case)
>Extensive background in oil and gas financial analysis and real estate investment and development and technology  development
>Entrepreneur and founder of Proteus after a successful career as a real estate developer and investor
>B.A. degree in Mathematics from the University of California, Berkeley (1977); J.D. degree from the University of Southern California (1980); LL.M. degree (First Class Honors) from the University of Cambridge (1981).

Bob Bench: CFO 

>See background in the section above.

Dan Franchi: Chief Operating Officer

>27-year career in the oil and gas industry whose scope includes engineering, field operations, upstream oil and gas M&A, and international finance.
>As a former officer and executive of Unocal, in addition to leading major international financings, Mr. Franchi was accountable for the numerous operations projects at fields throughout the LA Basin, including the rebuild of oil and natural gas field facilities to process produced crude oil.
>Upon Unocal’s acquisition by ChevronTexaco several years ago, Mr. Franchi has been leading the recovery and development of small, independent oil producing companies in California. He is currently implementing a $4MM facilities improvement for a major heavy oil steam flood project in California.
>Mr. Franchi received his B.Sc. in industrial engineering from California State Polytechnic Institute (1978) and his M.Sc. in industrial and systems engineering (1980) and his MBA (1981) from the University of Southern California. He is a registered Professional Engineer in California.

Dan GreenKen Teague: Vice President of Development
 

>28 years’ experience in the energy resource and infrastructure industries, with an emphasis on project development.
>From 1997 to 2006, he was the head of Project and Business Development for ARB, Inc., where he was responsible for development and review of new business ventures and process improvements for domestic and oil and gas exploitation, domestic energy infrastructure development, international pipeline and facility construction projects in the U.S., Canada, Guyana, Mexico, Canada and Uganda.
>Served as Vice President Operations of Frontier Utilities of North Carolina, and had executive positions at Mobil Oil Company, Mojave Pipeline Company and Union Pacific.
>Mr. Teague received a B.S chemical/petroleum engineering degree from Texas Tech (1978).

Dan GreenDavid R. Keller: V.P. Exploration
 

>27 years at Chevron USA, Senior Geologist,10 years as Technical Specialist at Pioneer Natural Resources
>Extensive experience in interpretation of 3-D and 2-D seismic, synthetic seismograms and depth conversion, Interpreted seismic data in the Gulf of Mexico, the Permian Basin, East Texas, South Texas, >Florida, Alaska, South Africa, West Africa, and Bolivia
>Mr. Keller holds a Bachelor of Science in Geology and a Master of Science in Geology from Brigham Young University

Dan GreenRichard Moon: Controller
 

>Over 10 years of experience in the areas of finance, accounting, treasury and corporate development.
>Held positions at Unocal in corporate development and treasury and advised executive management on numerous strategic and financing alternatives.
>As a Director of Finance at Rentech, an alternative energy company based in Los Angeles, Mr. Moon was responsible for development of the company's long-term strategic plan. He also played a vital role in direct commercial negotiations with strategic partners, which led to the signing of several milestone agreements.
>Mr. Moon graduated from UCLA with a degree in Economics (1991), holds an MBA in Finance from the University of Southern California (2001), and is a Certified Public Accountant.

Dan GreenJ Roger Howard, Chairman of the Board of Directors
 

>Mr. Howard has held a number of executive and technical positions with ChevronTexaco and its predecessors, Texaco and Getty Oil. Among his many assignments was to manage all of Texaco’s Permian Basin assets, and was a Senior Vice President of Texaco responsible for new business development for its global electrical power portfolio.
>He has extensive oil and gas M&A experience, both domestic and international, and oversaw all mergers and acquisitions activity for Getty Oil.
>Extensive experience as a reservoir engineer and a field engineer.
>Mr. Howard is a Registered Petroleum Engineer in the State of Texas. He received his B.S. in Petroleum Engineering from the University of Texas (1969).

Dan GreenJames U. Jensen: Director
 

>See background in the section above.

Dan GreenNaomi Nakagama, Director
 

>Ms. Nakagama has over 20 years experience in energy finance and capital. 
>She is a former Senior Vice President-Finance of Entergy Corporation, a Fortune 500 energy corporation, and prior to that had an 11-year banking and finance career and ultimately headed the Energy Sector in Project Finance at BNP Paribas (the largest bank in France) for North and South America in the late 1990’s.
>Throughout her banking and business career, she has been responsible for over US$3.0+ billion in project financing, as well as developing and executing key financial and JV structures in excess of US$500 million in sustained, economic value specifically to support growing companies’ cash flow and valuations from inception through IPO.
>She has provided capital and corporate/business formation services to numerous technology companies and entrepreneurs since 1992, resulting in initial seed capital, technology transfers, venture capital and mergers.
>She graduated with a B.A. with distinction from UCLA (1987).

James Thompson: Director

>Since 2001 Mr. Thomson has been a member of the board of Directors of Sumitomo Corporation of America and also serves as an investment advisor for North American Power.
>From 1996 to 2000 he was President and CEO of CNG International, a US$3.5 billion international electric and natural gas company.
>From 1990 to 1996 he was Vice President and General Manager–Asia Pacific for Edison Mission Energy, where he was responsible for development, finance, construction and operations in the Asia-Pacific Region.
>From 1983 to 1990 he was Vice President--Operations, Fuel, and Power Contracts for SITHE, responsible for development, finance, construction and operation of seven cogeneration plants.
>From 1976 to 1983 he held various positions with San Diego Gas & Electric Company, and from 1970 to 1976 was in the U.S. Navy Submarine Service.
>Mr. Thomson received a B.S. in Industrial and Systems Engineering from Georgia Institute of Technology (1970), an M.S. in Industrial and Systems Engineering from Iowa Sate University (1976) and an MBA from the University of Michigan (1981).




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