Dr. Ruggero Santilli

Chairman of the Board, CEO

Dr. Santilli was born and educated in Italy where he achieved his Ph.D., in mathematics and physics, as well as a chair in nuclear physics at the Avogadro Institute in Turin, Italy. In 1967 Santilli was invited by the University of Miami in Florida to conduct research for NASA and he moved with his family to the U.S.A. where he subsequently became a U.S. citizen. In 1968 he joined the faculty of Boston University, under partial support from the U.S. Air Force, where he taught physics and applied mathematics from prep courses to seminar post-PhD. courses. In 1975-1977 he went to MIT and from 1978 to 1983 he was a member of Harvard University faculty where he received five grants from the U. S. Department of Energy to study a generalization of quantum mechanics and chemistry needed for new clean energies and fuels. Since 1984 he has been the President of the Institute for Basic Research, originally located in a Victorian inside Harvard University grounds and moved to Florida in 1990. Since his time at Harvard University he studied new clean energies and related chemistry.

Dr. Santilli is the author of over 250 technical articles and 18 post Ph.D. level monographs in mathematics, physics, cosmology, superconductivity, chemistry and biology published the world over. He is the founding editor of three journals in mathematics and physics and editor of several others.

Dr. Santilli is also internationally known for the discovery of the basic science and for the industrial development of the "Santilli MagneGas Technology" of which he remains the chief scientist with associate scientists from some developed nations.

Dr. Santilli is the recipient of various honors, including: his nomination by the Estonia Academy of Sciences among the most illustrious applied mathematicians of all times; two gold metals for scientific merits; the listing as "Santilli Hall" of a class room at an Australian research center; and nominations for the Nobel Prize in physics as well as in chemistry from scientists the world over. A scientific meeting was organized in June 2005 at the University of Karlstad, Sweden, to honor Prof. Santilli on his 70th birthday with participation of scientists from 50 countries.

Rich Connelly

President

Proven experience in the management, distribution, sales and marketing of specialty gases including welding gas, medical/specialty gases and industrial products. Additional expertise in the heavy metal working industrial sector and related engineering and process management.

Primary corporate experience includes the position of President and CEO of Connelly and Becker, Inc an industrial, welding and specialty gas distribution company from 2001-2007. Experience also includes National Sales Manager for ABICOR Binzel Corporation from 1987-2001 where responsibility included the management of profit centers in 16 regions in 50 states with a $16.5 million budget and $19 million in sales revenue. Responsibilities included managing Regional Sales Managers, Customer Service Staff and the Engineering Department. Directed the CBI network for the Distribution of Specialty Welding Process and Products managing up to 25 Independent Sales Reps. Mr. Connelly received numerous awards including Man of the Year for exceeding a 25% sales increase in 5 consecutive years and is a lifetime AWS Member

Education and trailing: Bachelors of Business Management, February, 1993 Bridgeport University Associates, Welding Engineer Various Technical Schools and Courses AWS Certified Welding Instructor

Military: United States Marines, Rank Sergeant-Field Communications Honorable Discharge, Vietnam Era Veteran Decorated MARINE CORPS Combat Awarded Citation.

Luisa Ingargiola

CFO

Luisa Ingargiola graduated in 1989 from Boston University with a Bachelor Degree in Business Administration and a concentration in Finance. In 1996 she received her Master's Degree in Business Administration from the University of South Florida. In 1990 she joined Boston Capital Partners as an Investment Advisor in their Limited Partnership Division. In this capacity, she worked with investors and partners to report investment results, file tax forms and recommend investments.

In 1992 she joined MetLife Insurance Company as a Budget and Expense Manager. In this capacity she managed a $30 million dollar annual budget. Her responsibilities included budget implementation, expense and variance analysis and financial reporting. In 2007 she began work on the MagneGas Corporation business plan in preparation for her new role as CFO.