• Richard P. Kiphart
  Head of Corporate Finance
• David R. Asplund
  CEO of Lime Energy
• Gregory T. Barnum
  VP of Finance
• William R. ("Max") Carey
  Chairman of Corp. Resource Dev.
• Joseph F. Desmond
  Senior VP of External Affairs
• Daniel W. Parke
  President/COO of Lime Energy
• David W. Valentine
  Senior Investment Professional

Richard P. Kiphart has been one of our directors since January 2006, when he also became chairman of our board of directors. Mr Kiphart is the head of the Corporate Finance Department and a Principal of William Blair & Company, an investment firm. In addition, Mr. Kiphart currently serves as a member of the board of directors of First Data Corp., and previously served on the Concord EFS board of directors from 1997 until 2004 and was chairman of the Concord board of directors from February 2003 until March 2004. Mr. Kiphart is also currently a director of SAFLINK Corporation, Advanced Biotherapy, Inc. and Nature Vision, Inc. In addition he is the former chairman of the Merit Music School, is the president and chief executive officer of the Lyric Opera of Chicago, and the vice chairman of the Erikson Institute. He also serves on the Policy Advisory Board of DATA (Debt AIDS Trade Africa).

David R. Asplund has been one of our directors since June 2002 and has been our Chief Executive Officer since January 2006. Prior to becoming CEO of Lime Energy, Mr. Asplund was President of Delano Group Securities, LLC, an investment banking firm in Chicago, Illinois, which he founded in 1999. Prior to founding Delano, Mr. Asplund was a Senior Managing Director of Bear Stearns and Branch Manager of their Chicago office. Prior to joining Bear Stearns, he held positions with Morgan Stanley and Lehman Brothers. Mr. Asplund is also a Director of AgeNet, Inc., a private corporation operating a national eldercare network and Managing Member of Augustine Capital Management, LLC, an advisor to a private equity fund. Mr. Asplund holds a Bachelor of Science Degree in Mechanical Engineering from the University of Minnesota.

Gregory T. Barnum has been one of our directors since March 2006. Mr. Barnum is currently the vice president of finance and chief financial officer of Datalink Corporation, an information storage architect. Prior to joining Datalink in March 2006, Mr. Barnum was the vice president of finance, chief financial officer and corporate secretary of Computer Network Technology Corporation. From September 1992 to July 1997, Mr. Barnum served as senior vice president of finance and administration, chief financial officer and corporate secretary at Tricord Systems, Inc., a manufacturer of enterprise servers. From May 1988 to September 1992, Mr. Barnum served as the executive vice president, finance, chief financial officer, treasurer and corporate secretary for Cray Computer Corporation, a development stage company engaged in the design of supercomputers. Prior to that time, Mr. Barnum served in various accounting and financial management capacities for Cray Research, Inc., a manufacturer of supercomputers. Mr. Barnum is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.

William R. ("Max") Carey has been one of our directors since March 2006. Mr. Carey is the chairman and founder of Corporate Resource Development, a sales and marketing consulting firm he founded in 1981. He is also a managing director of Entrepreneur Equity Corporation, an insurance broker that creates specialty products for middle market companies. Mr. Carey also serves on the boards of Outback Steakhouse Inc., Kforce, Inc., Crosswalk.com and J.B. Hanauer & Co.

Joseph F. Desmond has been one of our directors since January 2007. Mr. Desmond is the Senior Vice President, External Affairs for NorthernStar Natural Gas, a developer of liquefied natural gas import terminals. From May 2005 until November 2006, Mr. Desmond served as the Chairman of the California Energy Commission. From May 2006 to November 2006 Mr. Desmond also served as the Under Secretary for Energy Affairs in the California Resources Agency. Prior to his public service for the State of California, Mr. Desmond served as President and Chief Executive Officer of Infotility, Inc., an energy consulting and software development firm based in Boulder, Colorado. From 1997 to 2000, Mr. Desmond was President and Chief Executive Officer of Electronic Lighting, Inc., a manufacturer of controllable lighting systems, and from 1991 to 1997 he was with Parke Industries, where he served as vice president.

Daniel W. Parke has been our President and Chief Operating officer since we acquired Parke P.A.N.D.A. Corporation, which he owned and served as its President from its founding in 2001.

Mr. Parke was previously the founder and Chief Executive Officer of Parke Industries, Inc, an energy solutions provider which he started in 1983. Parke Industries built a national sales and construction company that had offices throughout the United States and Canada. The company upgraded over 500 million square feet from 1983 to 1997. Many of Parke's customers included Fortune 1000 companies such as, GE Capital, Hewlett Packard, Hughes Aircraft, The California State University System and many other well known companies. In 1996 Parke Industries was awarded the prestigious Green Lights Ally of the year. In February of 1998 Parke was acquired by Strategic Resource Solution, an unregulated subsidiary of Carolina Power and Light.

Mr. Parke holds a business degree from Azusa Pacific University.

David W. Valentine has been one of our directors since May 2004. Mr. Valentine is currently a senior investment professional of a private investment firm. Prior to taking his current position, Mr. Valentine was the Global Head of Debt Private Placements at UBS Investment Bank where he had been a Director of Leveraged Finance. Before joining UBS, Mr. Valentine held various investment banking positions at Nesbitt Burns Securities Inc. and ABN Amro Chicago Corporation.