Ray Simonson, Chief Executive Officer

Ray brings a deep technology expertise in enterprise development with a proven serial entrepreneurial approach to Coreworx. His skills complement the strengths in the rest of the executive team in developing, managing and growing mid stage technology firms to a profitable exit. As a seasoned executive and entrepreneur with a 28 year of track record in mission critical enterprise technology, Ray brings a wealth of experience and skills to the management team at Coreworx. He has consistently demonstrated an ability to manage delivery and development of mission critical applications in key sectors. Most recently, he was Senior Vice President and Chief Technology Officer of CheckFree i-Solutions from 2000 to 2004. In 1996, he co-founded Bluegill Technologies. As Chief Technology Officer, he assembled and led the development of the first XML-based internet billing application. The market success of this product led to the acquisition of Bluegill by CheckFree. Prior to his experience with Bluegill and CheckFree, Ray was in a series of senior roles focused on delivering mission critical IT systems primarily in banking and insurance, with a deep expertise in enterprise content management and web application development. Ray Simonson also serves on the Management Team

John A. Moore, Director and Chief Executive Officer, Acorn Energy

John has been a director and Chief Executive Officer of our Acorn Energy since March 2006. He also serves as a director of Voltaix and as Chairman of Optimer, Inc. He was previously a Director of Comverge and served on its IPO committee. He serves on the Advisory Council of EnerTech Capital a $350 million energy technology fund. Mr. Moore was formerly President and founder of Edson Moore Healthcare Ventures, a $150 million biotechnology holding company. At the same time he was Chairman and EVP of ImaRx Therapeutics and Chairman of Elite Pharmaceuticals. John has invested in many different industries over the past 25 years but he has never been as excited as he is today about Acorn's opportunities. John's favorite food is sushi. He loves to hear from investors. Please contact him at jmoore@acornenergy.com.

Samuel M. Zentman, Acorn Board of Directors
Dr. Zentman has a Ph.D in mathematics as well as broad financial and information systems management experience in technology companies at the executive and consultant levels. Dr. Zentman has served as a director of Acorn Energy since November 2004. Since 1980 Dr. Zentman has been the president and chief executive officer of a privately held textile firm, where he also served as vice president of finance and administration from 1978 to 1980. From 1973 to 1978, Dr. Zentman served in various capacities at American Motors Corporation.

Allen Boudreaux
Allen Boudreaux is Executive Vice President of the MMR Group , Inc. Prior to joining MMR Group, Inc., he was involved in directing some 20 Acquisition and completion agreements between contractors, sureties and banks, involving more than 200 projects and several hundred million in costs to complete. As a member of the American Bar Association during that time, Allen was licensed at the Federal and State Courts of Louisiana and Texas Federal Courts. He was also active in the legal community, specifically in the realm of the construction industry. He was part of the Forum Committee on the Construction Industry, Public Contract Law Section, Fidelity & Surety Committee and the American Arbitration Association and has published several articles specifically focused on contractor arbitration.