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Greg Haugen Joins e1 as CFO

Bend, Oregon, USA, May 8th 2012 – Element One, LLC (dba e1) announced today the appointment of Greg Haugen as its Chief Financial Officer.

In this new position, Mr. Haugen will be responsible for the finance and administration activities of the company, and will provide significant experience to the management team as e1 ramps up commercialization of the H-Series reformer.

Mr. Haugen has over 25 years of business experience, ten of which were as the Vice President of Finance and Administration for Advanced Power Technology. During Mr. Haugen’s tenure at Advanced Power Technology the Company completed several strategic acquisitions and a successful Initial Public Offering of its common stock. Mr. Haugen received a Bachelor of Science degree from Lewis & Clark College in Portland, Oregon and has passed the C.P.A. exam.

About e1 e1 engages in the design, development, and manufacture of reliable hydrogen generators (fuel reformers) and hydrogen purifier products for companies providing Proton Exchange Membrane Fuel Cell systems (PEMFC). Our mission is to significantly reduce the cost and complexity of fuel reformer solutions thus helping accelerate the sales and adoption of PEM fuel cell technologies worldwide.


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