LiveFuels Hires Senior NREL Biofuel Engineer

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LiveFuels Hires Senior NREL Biofuel Engineer

Press release

MENLO PARK, Calif., Aug. 24, 2007 -- LiveFuels Inc., a privately
funded developer of algae-to-biocrude, today announced the appointment of
John Sheehan as Vice President of Strategy and Sustainable Development.
With more than 16 years of experience as a senior strategic analyst at the
US Department of Energy's National Renewable Energy Laboratory (NREL) in
Golden, CO, Sheehan will lead the long-term planning and strategic
development at LiveFuels' research and production facilities.

"John is a national treasure in terms of his knowledge of biofuels, and
we're very proud he decided to join LiveFuels," said Lissa
Morgenthaler-Jones, CEO of LiveFuels. "John was the ultimate program
manager of NREL's Biodiesel from Algae Program -- a program that spanned 20
years -- and he's the lead author of the 300-page report that summarized
the program's results. There are a handful of people who really understand
the issues with algal biofuels, and John is one of them."

In addition, Sheehan managed DOE's Biodiesel Program and led the
strategic planning and analysis for DOE's Bioethanol and Biomass Programs.
Sheehan's extensive published works include a groundbreaking 1998 life
cycle assessment of soybeans as a source of biodiesel in urban busses.
Sheehan specializes in the evaluation and life-cycle assessment of
bioprocess technologies.

"I have voted with my feet," Sheehan said. "While the alternative
energy landscape abounds with potential, LiveFuels is clearly
well-positioned to overcome the obstacles involved, and I look forward to
helping them complete their move from the lab to the fuel tank."

Sheehan brings over 20 years of experience in the field of chemical and
biochemical engineering to the LiveFuels team. Prior to NREL, Sheehan
worked as a process engineer at Merck Pharmaceutical and a biochemical
engineer at the corporate research center of W.R. Grace. Sheehan holds a
master's degree in biochemical engineering from Lehigh University and a
bachelor's degree in chemical engineering from the University of
Pennsylvania.

About LiveFuels, Inc.

Based in Menlo Park, California, LiveFuels is a privately-backed
company working towards the goal of creating commercially competitive
biocrude oil from algae by 2010. LiveFuels is partnering with top
scientists, national laboratories and commercial institutions in order to
speed the research and development process of creating algal biocrude. The
company addresses the challenge of economically-competitive energy from
algae by reducing cost at every step of the process. For more information,
please visit http://www.livefuels.com.

SOURCE LiveFuels Inc.

Nature gave us oil from algae; perhaps we should try Nature's way again