Ann: Becoming a substantial holder PV, page-2

Our Chairman Richard Irving of Pond Ventures is the largest shareholder in Emefcy. Below is Richard's background :

Richard Irving

Based in Silicon Valley, Richard co-founded Pond in 1997 and brings 30 years' experience in venture capital, business management, marketing and engineering in technology companies including AT&T Bell Labs, AMD, and Brooktree.
Starting as a Member of Technical Staff at Bell Labs, and strategic marketing manager at AMD, Richard later managed multiple business units at Brooktree with full P&L responsibility both prior to and following the company's initial public offering. Richard has been involved in over $1B of IPOs, acquisitions, and private financings. Richard's expertise includes water, energy efficiency, wireless, systems, hardware, software, semiconductors, and materials.
Richard serves as Director of Acco Semiconductor and Emefcy Ltd. Previous Boards include picoChip (acquired by Mindspeed 2/12), Nanotech Semiconductor (acquired by Gennum 4/11, now Semtech), 4Home (acquired by Motorola Mobility 12/10), Gigle Networks (acquired by Broadcom 12/10), Transitive (acquired by IBM 12/08), YAC (acquired by J2 Global 7/07), Artisan Software (management buyout 4/07), SealedMedia (acquired by Stellent 8/06, now Oracle), Eccord Systems (assets acquired by Codima 8/03), and Microcosm Communications (acquired by Conexant 1/00, now Mindspeed). Richard has a B.Sc. (1st Class Hons.) and an M.Sc. in Electrical Engineering from Manchester University.

Notice what happens when Richard gets involved in a new tech early. Richard is very confident Emefcy will be a billion dollar company and will most likely get taken out like most of Ponds other investments. Richard is hands on, done it all before, is a workaholic and is 110% committed to the success of Emefcy. I understand he will spend a minimum 3 days a week on Emefcy driving it forward. Richard is one very smart and impressive guy.

Cheers