An experienced chemical engineer and a veteran of the international private energy industry have been named to the Southridge Enterprises, Inc.'s board of directors. "These gentlemen bring diverse and extensive business experience to Southridge, and their joining our board constitutes a strong vote of confidence in our business model," says Alex Smid, Southride president. "We are extremely fortunate to have them join the Southridge board. Their depth of experience in finance, communications, public policy and business development will help Southridge move to the next level consistent with our growth strategy." Milken is a chemical engineer, entrepreneur and senior corporate executive. He is the former chairman and CEO of SolarClone, a leading provider of solar power solutions. He grew the revenues of this company from zero to $80 million in less than three years. Prior to this, Milken was chairman and CEO of Simco BioTechnologies. From 1982 through 1993, he worked for US Genesis Corporation, eventually serving as vice president of worldwide product engineering. Milken was named as chairman of the BioTechnology Committee. Smith has a 30-year career in the international private energy industry. He has lived in Switzerland, the United States, Taiwan, Morocco and India. From 1978 to 1981 he was vice president of ACC Energy Ventures, responsible for the Middle East and India. Smith was chief financial officer of Kalatta Energy Corp. from 1984 to 1989. He is currently a director of Brio plc and Brio Limited, a mineral resources group, and is a member of its Audit and Remuneration Committees. Southridge Enterprises is a renewable energy company with a mission to become the ethanol producer of choice in the southeastern region of the United States. The company is focusing its efforts in an area which offers abundant supplies of corn, superior transportation infrastructure and expedited permitting processes. |