David J. Cade, our Chief Executive Officer, joined HPI effective March 1, 2007. From August 2006 to March 2007, Mr. Cade was the Chief Executive Officer of LITHTRONICS, LLC a senior executive consulting firm in the alternative energy field, with a special focus on battery-fuel cell hybrids. From August 2005 to August 2006, Mr. Cade was President of ABSL, Inc., the U.S. arm of a large UK-based Lithium-ion battery company, where he was involved in battery-fuel cell hybrids for soldier power. Mr. Cade served as Chairman of Lithium Technology Corporation (LTC), a publicly-traded early-production-stage Lithium-ion battery manufacturer, from November 1, 1999 to January 27, 2005, and as Chief Executive Officer from November 1, 1999 to February 6, 2004. During the period from 1996 to 1999, Mr. Cade served as President and Chief Operating Officer of LTC, and prior to that, as Vice President of Sales and Marketing.

Mr. Cade also served as a Director of LTC from August 1997 to March 2007. Mr. Cade has over 30 years of experience in senior business development, marketing, sales, and international strategic alliances in global telecommunications systems, electronics, and alternative energy technologies. From February 1988 to October 1992, Mr. Cade was Senior Vice President of Marketing and Business Development for COMSAT Systems Division in Washington, D.C., and from October 1992 to April 1994, Mr. Cade was Vice President of Sales and Marketing at InterDigital Communications Corporation, a Philadelphia company that licenses wireless telephone technologies and systems for customers worldwide. Previously, Mr. Cade held managerial positions in Washington, D.C. with Martin Marietta (now Lockheed Martin), AT&T, and the Department of Defense. Mr. Cade holds an MBA from Syracuse University, an undergraduate degree from the University of Illinois, and is a graduate of the National War College and Columbia University’s Senior Executive Program.