Tassos D. Recachinas was appointed to our board of directors and elected as chief executive officer in August 2011, and is responsible for
execution of the Company's business activities. Mr. Recachinas' experience encompasses operational, administrative, business development, finance, executive and ownership roles at
both small and large organizations. Since June 2008, Mr. Recachinas has served as Managing Member of Sophis Investments LLC,
an investment management and advisory services firm. From January 2007 to March 2008, Mr. Recachinas served as an Investment Analyst at Pirate Capital LLC,
a shareholder advocate and activist investor in leading companies including The Brink's Company and The Pep Boys--Manny, Moe & Jack.
He served as a member of the Board of Directors of The Allied Defense Group, a multinational defense and security company, from January 2008--September 2010.
Mr. Recachinas began his career as an Equity Research Associate at Raymond James & Associates, where he provided institutional equity research coverage on several defense and technology companies.
From June 2005 to December 2006,. Mr. Recachinas received a Bachelor of Science summa cum laude Mechanical Engineering from The George Washington University, and spent one year at Oxford University in England studying engineering
Alexander Chirkov, Ph.D., M.D., has been Chief Scientific Officer of HDS International since October 2011. He has more than 30 years of
education and scientific research experience spanning both medical and biophysics fields, and has planned, developed and managed experimental and technological advancements
in the field of bioenergy, specifically with biomass production. Dr. Chirkov was one of the first scientists who introduced the possibility
of economically effective algae biomass production. His expertise includes energy balances of biological systems, from single-cell organisms to integrated ecological systems,
and has specialised in biological energy transfer mechanisms and energy generation systems.
Dr. Chirkov's specialisation on gas exchange mechanisms in relation to intra-cellular energy production yielded methodologies to control gas exchange for the growth of
organisms in bioreactors that are the basis of our controlled algae biomass production systems and other technologies.