The Auterra Board

Eric Burnett, Chairman

Eric Burnett is President and CEO of Auterra, Inc. Eric is responsible for overall value creation for the company. With a strong focus on sales, markets and customers, Eric brings over 20 years of successful technology entrepreneurship to the company. Auterra is Eric's third technology start-up and he has successfully navigated the start-up, commercialization and growth of these companies.

As a serial entrepreneur, Eric has raised over $20M for Auterra and successfully sold both of his previous technology companies, ensuring that investors saw attractive returns. Eric's first company, Strategic Power Systems, Inc. was an engineering consulting company that focused on data warehousing and engineering services within the power generation industries. His second company, IA Systems, Inc. became a leading innovator in delivering sophisticated decision support software for the financial services market. Following the discovery of the oxidative catalyst with Auterra Eric is rapidly building the strategic partnerships and early adopters necessary to successfully introduce the company's innovative technology into several oil and gas markets.

Mr. Burnett is a graduate of Rensselaer Polytechnic Institute's Mechanical Engineering School.

Gregg Brown

Gregg brings over 20 years of experience in engineering, manufacturing and business management in the chemical industry. Gregg worked at Air Products & Chemicals, and then at SI Group (formerly Schenectady International), where he held management and executive roles in engineering, manufacturing, sales, purchasing, and M&A. He is Director and part owner of TechniCoil, LLC, a leading manufacturer and global supplier of precision electromagnets, magnetic coils, and permanent magnet assemblies, as well as Director and part owner of Precision Fabricators LLC, which designs and manufactures unique pressure vessels for the chemical deposition industries.

In addition to serving on Auterra's board, Gregg is also a member of the board of directors of SI Group. He is a venture mentor with the MIT Venture Mentoring Service, which supports innovation and entrepreneurial activity throughout the MIT community by matching both prospective and experienced entrepreneurs with skilled volunteer mentors.

Gregg holds a B.S.E in Mechanical and Aeronautical Engineering from Princeton University, a M.Eng in Mechanical Engineering from MIT, and an M.B.A. from Temple University.

Russel Howard

Russ is a founding Partner and CFO of High Peaks Venture Partners, a New York based early stage venture capital firm, and brings over twenty years of business and investing experience to the Auterra Board. Prior to the formation of High Peaks, Russ was a Managing Director with The Berkshires Capital Investors (BCI), a Massachusetts-based early stage venture capital firm. Prior to joining BCI, Russ was a Senior Vice President in the Technology and Communications Group at GE Equity, the venture capital arm of GE Capital. During his six-year tenure with GE Equity from 1994 to 2000, Russ was responsible for many investments in a broad range of technology companies, including Cybersource and Commerce One which both went public. Prior to GE Equity, Russ worked for Alliance Capital and Equitable Capital Management in New York City and for The Futures Group, a Connecticut-based management consulting company.

Russ holds an M.B.A. from the Darden School at the University of Virginia and a B.A. cum laude in Economics from Williams College. He has served as a board representative for many private companies and has also been a frequent speaker and panelist at venture capital conferences.

Gregory Hulecki

Greg is a Partner and founder of FA Technology Ventures, a Boston-based early stage technology venture capital firm. Greg brings an engineer's innate curiosity and attention to detail to the Auterra Board. He also serves on the Board of Directors of BinOptics, Autotask, and until their exits, served on the boards of Softricity, Concentrix and IP MobileNet. He is also a board observer at CreditSights

Greg has an extensive history in private equity investing and investment experience across every stage of the venture capital life cycle. He was a Managing Director and founder of Seacoast Capital (1994-2000), a $100 million growth equity fund. Prior to founding Seacoast, Greg managed the investment portfolio of Signal Capital, a Sam Zell backed fund that invested in a wide variety of assets and distressed securities. Prior to Signal Capital, Greg worked as a principal at Capital Growth Partners, a middle market private equity firm focused on providing growth equity, and Venture Founders, an early stage technology venture capital firm where he was involved with successful investments in Vicor (NASDAQ: VICR) and MatrixOne (which went public and was subsequently acquired by Dassault Systems in 2006).

Greg has a Bachelor of Electrical Engineering degree from General Motors Institute (now Kettering University) and an M.B.A. from Harvard Business School.

Humberto Vainieri

Humberto is President of Vainieri Consulting, a consulting firm that specializes in Organizational Development, Leadership Planning, Downstream Technology, and Mergers & Acquisitions, for the oil, gas and petrochemical industries. He brings more than thirty years' oil sector experience to the Auterra Board, and has worked in R&D, plant operations, acquisitions & divestitures, and executive management roles in several of the oil sector's most successful global companies. He has held posts such as Senior Vice President – Global Refining in BP,(formerly British Petroleum) President and CEO of United Oil Products, and Senior Vice President – R&D and Engineering in the Russian oil company Yukos. His business travels have taken him all over the world, including postings in London, Madrid and Moscow.

In 1999 Dr. Vainieri received the Executive of the Year Award from World Refining Magazine. He was also recognized as Outstanding Alumnus by the Engineering School of the University of Pittsburgh in 2003. In addition to the Auterra Board, he currently serves on the boards of Rive Technology in Cambridge Massachusetts, Chemrec in Stockholm, Sweden as well as on the advisory boards of Maine Pointe, Hart Energy, and the University of Pittsburgh Engineering School.

Dr. Vainieri holds B.S., M.S. and Ph.D. degrees in Chemical Engineering from the University of Pittsburgh and also an M.B.A. from John Carroll University.

Back Bay Group (www.backbaygroup.com) is an investor and observer on the board in Auterra along with other institutional investors and strategic partners.