Mark Goldes Bio

Co-founder & Chief Business Development Officer, Chavaenergy.com Formerly Chairman & CEO of Magnetic Power Inc.(MPI) which is being acquired by Chava. I began full-time work to uncover practical alternatives to fossil and uranium fuels in 1973. Earlier, served as Chairman and CEO of the Aesop Company, a specialized financial consulting firm. In 1975, founded SunWind Ltd., a renewable energy company. MPI began in 1984. I was also Co-Founder, Chairman and CEO of Room Temperature Superconductors Inc. (RTS), MPI's subsidiary, also being acquired by Chava.

For more information see our website: www.magneticpowerinc.com There is a link to the RTS website: www.ultraconductors.com

About Chava Energy - A Breakthrough Renewable Energy Conversion Company

Chava is acquiring Magnetic Power Inc. and is developing breakthrough technology based upon proprietary discoveries in MPI’s labs, Generators are being designed that operate continuously, without fuel, extracting electricity by converting abundant, renewable, energy sources which have never before been commercialized. The process will create no pollution. Variations will provide a permanent power supply that eliminates the need for fossil fuels as well as batteries of all sizes. Conventional power costs are rising. The cost of electricity from these systems promises to be less than any competing form of power generation today, or in the foreseeable future. They will be scaled to a wide range of applications and have the potential to turn future cars into decentralized power plants and provide a practical, near-term, cost-effective, alternative to fossil fuels.