Composite Power welcomes Bob Rosselli as vice-president of business development

RICHLAND, Wash., July 15, 2002 — Composite Power Corp. has hired Bob Rosselli, former Deputy Manager at the Richland Operations office of the United States Department of Energy.

Bob will serve as Vice-President of Business Development. He has served as the Executive Manager of 350 employees and managed an $800 million budget during his years at DOE.

With over 35 years of Federal service including eighteen of those years at the executive level he brings to the table a great deal of expertise. He has served as the Director of Commercial Nuclear Waste between 1982 and 1984 where he negotiated contracts with both private and public utilities creating revolving fund and fund investment strategies and procedures.

Along with his knowledge in these areas Rosselli assisted in management at the Pacific Northwest National Laboratory overseeing research and development in support of the national scientific agenda. CPC believes having Bob as part of the team will prove to be a rewarding decision in helping to reach some of the goals they have yet to accomplish in many of these closely related issues.

Roger McCombs, CEO of Composite Power states, “We will continue to focus on all of our business plans and believe that Bob is exactly what we have needed. His expertise will help to implement our Integrated Industrial Power Park located at the abandoned WNP 1 and WNP 4 sites located in Richland, Washington.”

“The energy and manufacturing goals of Composite Power are right for the times and relevant to the long term needs of the community. It is a pleasure to be part of this challenging endeavor, the success of which offers so much benefit to the Tri-Cities and the region,” said Rosselli.

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