Mr. Grubstein is the Managing Member of NGEN Partners and its NGEN Enabling Technologies Fund, a corporately-backed strategic venture capital investment fund focused exclusively on materials science. Prior to NGEN, Mr. Grubstein made diverse private investments, ranging from venture capital to LBOs and leveraged recapitalizations. At companies such as Alliance Manufacturing Software International, Mr. Grubstein was instrumental in organizing its turnaround. Mr. Grubstein's investment experience was derived from partnerships in two leveraged buyout companies focusing on investments in the steel distribution and auto parts industries, as well as his hands on experience as a leather tanner. In recent years Mr. Grubstein has made numerous investments, acquiring significant minority or majority positions in private companies. Mr. Grubstein served as: the Chairman of Premiere Video, Inc., and as a director of Kenfil Inc., Anaware, Inc. and Alliance Mfg. Inc.. Mr. Grubstein is currently a member of the Board of Directors of US Laboratories, Inc., as well as Oxonica Ltd. in the UK. A graduate of Yale College, Class of 1977, he received a BA degree.

Mr. Prend is a founding partner of Rockport Capital Partners, a venture fund specializing in energy, environmental and advanced materials technologies. Previously, he has served as Managing Director and Head of Salomon Brothers' Global Energy Group, and in financial and technical positions at Lehman Brothers, Amoco and Bechtel. He has extensive investment banking experience across all energy and natural resource industry segments. Mr. Prend has technical and operating company experience in advanced energy technologies, materials and chemicals. Mr. Prend received a BS in Civil Engineering from the University of California at Berkeley and an MBA from Harvard Business School. He currently serves on the Boards of Directors of Aspen Aerogels Inc., Aspen Products Group Inc., Lilliputian Systems Inc. and PowerZyme Inc., and the Board of Trustees of Exeter Health Resources Inc.