Monday, April 18, 2011

Ecologic Transportation, Inc. (EGCT) Taps High Powered Board

Although the goal of Ecologic Transportation is, in their own words, “to become a leading force in delivering environmentally friendly automobile technology and new clean fuel options to all customers”, the strength of their board is primarily the experience of its members in business development and financing. In addition to William Pamondon III, the company’s CEO, who has over 30 years of leadership and development experience, the Ecologic board has four other members well-versed in the development of public and private business.

• Edward Withrow III is an entrepreneurial expert, adept at identifying and turning around small undervalued and underfunded companies. Since founding Huntington Chase Financial Group, LLC, and Huntington Chase, Ltd., involved in venture capital and merchant banking, he has acquired, restructured, merged, created, and acted as advisor to ten companies. He was a founder of Eaton Scientific Systems, a biotechnology company, and co-authored a patent pending non-hormonal treatment for women in menopause and post cancer treatments. He was co-founder of Montecito Bio Sciences, an innovative diagnostic company, and is the author of several life science patents. He has also founded or led companies involving operations in India and Africa, including Reward Enterprises, a public company and early adopter of VoIP telecommunications in the international market.

• Shelly Meyers has over 20 years of financial and investment experience, and is founder and president of Palisades Management, providing investment management services to high net worth individuals and institutions, as well as advisory services to corporations regarding corporate finance and capital market activities. She also served as Executive VP for Pacific Global Investment Management Company, helping to grow the company’s high net worth business from $1 million to $100 million. During her management of the company’s Multi-Cap Value Fund, it consistently beat the S&P 500, ranking in the top 10% in its five-year Morningstar peer group. She has been featured on national television and in major economic publications.

• Edward Withrow Jr earned his MBA from Harvard, with a concentration in Investment Banking, and has worked as a financial professional with Drexel Burnham Lambert, Paine Webber, Merrill Lynch, and Wells Fargo. He has held a number of elected and appointed positions, including mayor of Alameda, California, and is currently the president of the Governing Board of The Peralta Colleges, involving approximately 30,000 students. He also served for many years with the U.S. Navy as a professional logistician, retiring with the rank of Captain.

• John Ogden holds a law degree (with honors) from the University of Leeds in England, building a successful natural resource corporate finance business in London. Later he established an independent corporate financial consulting business, first in London and then in Houston, specializing in domestic and international energy issues. He has extensive experience in mergers, acquisitions, and financing, in the energy sector, and is the co-founder of Wood Roberts, LLC, an energy corporate finance and advisory firm.

For more information, visit the company’s website at www.EcologicTranspo.com

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