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Riggs Eckelberry — President and CEO
One of the inventors of the Company’s breakthrough technology, Riggs Eckelberry brings his veteran technology management skills to the alternative energy sector. As President and COO of CyberDefender Corporation from 2005 to 2006, he was instrumental in building the company and its innovative product line, helping to achieve initial funding and a public company filing (CYDE.OB). From 2001 to mid-2005, he helped launch and turn around technology companies as founder and President of TechTransform, a technology consulting firm. In 2004, he was a key member of the team that turned around YellowPages.com, resulting in its sale for $100 million to SBC/BellSouth. In 2003, he helped make Panda Software a key player in the US market as the General Manager of its US unit. During the high-tech boom of the 1990s, he was responsible for the global brand success of the software product, CleanSweep; as Chief Operating Officer of MicroHouse Technologies, he drove record sales and a modernization of the company’s technology, helping to achieve a successful sale of the company to Earthweb; and as VP Marketing of venture-backed TriVida, he was a key member of the team that commercialized the company’s technology and achieved the sale of this technology company to BeFree, Inc. (now part of ValueClick: VCLK).
Nicholas Eckelberry — Director of Development
Co-founder Nicholas Eckelberry is an inventor of the Company’s breakthrough technology to transform algae into oil. He has been a technology inventor and entrepreneur for over 30 years. In 1978, he personally drove the adoption of a breakthrough technology for in-ear sound monitoring that is used widely by the music industry today. Most recently, from 2005 to 2006, he was the President of APS Inc., the research and development arm of Mag Power Ltd. From 2002 to 2005, he was a consultant to various alternative energy companies in the areas of business and capital formation. In 2003, he launched Nano-Cal, a product line based around a unique biological form of calcium. These products have been used with great success in the US and the UK and are currently the subject of clinical trials in both countries. The inspiration for the Company’s technology came from his earlier work with fluid dynamics and micron level mass transfer optimization. In 2001, he was granted a patent for the mixing of fluids at micron levels for mixing applications.
Steven Shigematsu — Senior Research Engineer
Steven Shigematsu is an inventor of the Company’s breakthrough technology to transform algae into oil. Shigematsu brings over 30 years of electronics, photochemistry, information technology and bioengineering experience, combined with an ability to turn ideas into concrete execution. In 1995 as Chief Systems Engineer at Matterhorn California Inc., he was part of the core team that perfected a stream bank stabilization system based on the patented Loffelstein Swiss retaining wall system. Shigematsu helped to pioneer the use of the helix foundation anchor, the cabled concrete revetment mattress, and the Loffelstein retaining wall blocks as part of this system. Considered the de facto standard and recommended by waterways agencies, it is generally accepted as a direct replacement for aging concrete flood channels. Between 1986 and 1994, Shigematsu designed, installed and maintained intra- and internet systems and databases for prominent San Francisco companies. In 1980, he developed computer-generated portraits comprised of alphanumeric characters, implemented for the San Francisco tourist industry. Through his innovations beginning in 1974, he accelerated the delivery times from days to minutes of standard wet photographic processes, including black & white and color negatives slides and enlargements. Steven Shigematsu received his technical training between 1968 and 1970 at the US Navy Electronics Schools in San Francisco.
Paul Reep — Senior Technical Advisor
With more than 25 years of senior management experience in the high tech industry, Paul Reep has a proven ability for facilitating government and private sector partnerships, including a major multi-agency technology transfer initiative with the Departments of Commerce, Energy, Interior, Agriculture, and the Environmental Protection Agency. The result of this work is still ongoing at the Department of Energy, where bio-energy is a key mission area.
He currently is a member of the licensing team at the Stevens Institute for Innovation at the University of Southern California, where he works directly alongside researchers and scientists to identify and develop patent and licensing opportunities for USC inventions.
Expanded Bio >>
Ivan Ivankovich — Director
Ivan Ivankovich has over 19 years of financial and operational expertise. He is currently a consulting Chief Financial Officer and advisor to several high-technology companies. From 2005 to 2006, he served as the managing director of VisionPoint Capital, a boutique investment bank, advising clients in the middle market. From 2003 to 2005, he served as the Chief Financial Officer of YellowPages.com, an on-line directory of national and local merchants. At YellowPages.com he managed and directed the company’s financial and operational initiatives. He led and negotiated the merger of the company into a group led by two large telco’s (SBC and Bell South). Prior to YellowPages.com, from 2001 to 2003, he served as Vice President of Portfolio Operations at Platinum Equity, a global acquisition firm where he managed and operated certain of its portfolio companies. Over the years, he also served as a senior financial executive for venture-backed companies such as HealthAllies and TriVida Corporation, which was acquired by Befree Inc. (now part of ValueClick: VCLK). He started his career with Ernst & Young in their audit practice in Los Angeles. A Certified Public Accountant and a member of the California Society of CPAs, he earned his B.A. in Business Economics with an emphasis in accounting from the University of California, Santa Barbara.
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