Broomfield, Colo. – June 3, 2008 – Range Fuels, Inc., a company focused on green energy and the production of cellulosic ethanol, has named Dotty Hayes to its Board of Directors. Hayes has more than 30 years of diversified financial experience in global high technology firms.
Hayes is currently vice president of internal audit at Intuit, a leading provider of business and personal finance software. She previously served as the company’s vice president and corporate controller, responsible for the design, implementation, and operation of control systems, including financial consolidation, external reporting, Sarbanes-Oxley compliance and revenue recognition. Before joining Intuit, Hayes served as vice president and corporate controller at Agilent Technologies. Her prior experience with technology companies includes financial and control responsibilities at Hewlett-Packard Company, Apollo Computer Inc. and Data General Corp.
"Dotty’s diversified experience in financial audit and controls in the high-tech world will make her an excellent addition to our Board of Directors," said Range Fuels' CEO, Mitch Mandich. "Her expertise will facilitate our successful transition to a mature green energy company focused on the production of cellulosic ethanol."
"It is a privilege to be joining this team of technology leaders focused on solving such an important problem," said Hayes. "I am excited to have the opportunity to be part of growing this business."
Hayes received a master's degree in business administration from the University of Massachusetts at Amherst, and holds a master's degree in finance from Bentley College.
About Range Fuels, Inc.
Range Fuels Inc. is focused on green energy and the production of cellulosic ethanol using plant matter (or biomass) that cannot be used for food, is sustainable, renewable and in excess supply. The company's innovative technology converts renewable and sustainable biomass, such as wood chips, paper pulp, olive pits, and more, to ethanol. The company's proprietary K2 system uses a two-step thermo-chemical conversion process. The first step converts the biomass to synthesis gas and the second step converts the gas to ethanol. The company's business model is to design, build, own and operate its plants. The leadership team melds experience from Silicon Valley's fast-paced, high-tech world, and the technologically intensive coal, coal gasification, power, and gas-to-liquids industries, the renewable fuel industry, and the pulp and paper industry. Range Fuels' vision is to introduce the world to a fuel that's renewable, sustainable, and eco-friendly.
Media contact:
Heather Milne
OutCast Communications
(215) 875-8138