CleanLaunch announces Brewster Boyd as Director of Finance

Denver, CO - December 14, 2009 - Continuing to build out its leadership team, CleanLaunch (http://www.cleanlaunch.com), Colorado's clean tech incubator, announced today that it has hired Brewster Boyd as its Director of Finance.

As director of finance, Boyd will help recruit qualified prospects to the incubator; assist clients with funding plans and presentations; seek out grants, angels, venture capital firms, and private equity investors suitable for client companies; track business plan competitions and other opportunities for client funding and exposure; and sit on the client selection committee.

"This is an exciting time for Colorado's cleantech industry, and we are thrilled to bring in a key executive with venture capital experience like Brewster Boyd to help us propel the industry forward," said Stephen Miller of CleanLaunch. "Brewster's experience and expertise will help foster real growth and success for our incubator clients."

Prior to joining CleanLaunch, Boyd was a Vice President with Ann Arbor-based Plymouth Venture Partners and as a Fellow with the Frankel Commercialization Fund. He also worked with Ross & Associates Environmental Consulting in Seattle, a firm dedicated to helping public agencies improve management programs and achieve better environmental results, and was a management consultant with A.T. Kearney, serving global corporations based in Sydney, Australia. He is also the coauthor of the book "Hybrid Organizations: New Business Models for Environmental Leadership," and is a founding member of the Eagle Fund, a philanthropic organization dedicated to supporting education in Colorado through financial grants and service.

Boyd is a graduate of the University of Michigan's Erb Institute for Global Sustainable Enterprise where he earned a Master of Business Administration, with High Distinction and Beta Gamma Sigma, and a Master of Science in natural resources and the environment. He earned his Bachelor's degree from Middlebury College in economics and environmental studies. He lives with his family in Denver, but travels whenever possible having spent significant time on six continents.

Boyd is the third new member of the CleanLaunch executive team. In recent weeks, the incubator brought on software and health care veteran Fiona Schlachter to be its Director of Operations; as well as Nicole Glaros as Director of Client Services. Glaros has dedicated the better part of her career to helping early-stage expanded technology companies grow.

"We have assembled a phenomenal team that will help our client firms reach the next level as clean tech entrepreneurs," said Miller. "Real change can only truly happen through smart investments in new innovations and we are helping to drive that change."

About CleanLaunch
The CleanLaunch Technology Incubator's mission is to stimulate the development and success of early-stage companies who will provide the next generation of clean, renewable, and efficient energy technologies. CleanLaunch helps companies assemble solid management teams, secure adequate funding, and accelerate the commercialization of sound product ideas into the market. CleanLaunch grew out of a group of technology incubators, including Boulder Technology Incubator (BTI), Denver Ventures at Stapleton (CTEK Stapleton) and the Longmont Entrepreneurial Network. As part of its mission, CleanLaunch will partner with industry leaders, including NREL, the Governor's Energy Office, the Colorado Renewable Energy Collaboratory (Colorado State University, Colorado School of Mines, University of Colorado), CORE, and the Colorado Clean Tech Industry Association to further the advancement of clean tech in Colorado.

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Morrison Shafroth
CSG|PR
720-470-3653
mshafroth@csg-pr.com