Infinity Bio-Energy Ltd. Appointment of New Board Member
SAO PAULO, Brazil, April 4, 2008 /PRNewswire/ — Infinity Bio-Energy Ltd. (“Infinity” or the “Company”) (AIM: IBI.L) is pleased to announce the appointment of Eduardo Bom Angelo to its board of directors (the “Board”).
Eduardo Bom Angelo, age 51, is currently consulting for several companies. In the last ten years he has been President of Brasilprev S.A. (2003-2007) and CIGNA Previdencia & Investimentos (1998-2002), both involved in the business of pension plans. He also served on the board of AMCHAM (American Chamber of Commerce – Brazil) between 2004-2007.
Mr. Bom Angelo has a bachelor degree in Economics from the University of Sao Paulo and graduated in Fundacao Getulio Vargas — Sao Paulo with a degree in Marketing and Finance.
Andrew Lipman, Chairman, said:
“Eduardo’s broad general business experience and record of managing businesses requiring strong financial discipline will provide Infinity’s Board with greater depth. We are excited to welcome Eduardo to the Company.”
Sergio Thompson-Flores, CEO, added:
“Infinity is extremely excited to welcome Eduardo Bom Angelo to the Board. This is yet one more step towards reinforcing not only the independence but also the depth of experience of our Board. Eduardo with his strong financial background and solid management experience will, I am sure, be valuable to Infinity’s future development.”
About Infinity Bio-Energy Ltd.
Infinity Bio-Energy Ltd. is a renewable energy company currently focused on the Brazilian market that aims to become a global leader in the production and distribution of ethanol and other biofuels. The Company’s production is based on sugarcane, a competitive feedstock for ethanol, sugar and energy because of its low production cost and high energy efficiency ratio relative to other ethanol sources, such as corn and sugarbeets. In order to address the growing demand for clean and renewable fuels, Infinity is committed to producing the most technically and environmentally efficient ethanol. The Company acquires, constructs and operates sugar and ethanol production facilities primarily in Brazil. To learn more, visit the Infinity Bio-Energy website at http://www.infinitybio.com.br/.
Infinity Bio-Energy Ltd.
CONTACT: Sergio Thompson-Flores, CEO, +55-11-3525-9921, or RodrigoAguiar, IRO, +55-11-3525-9922, both of Infinity Bio-Energy; or Adrian Haddenor Adam Cowen, both of Collins Stewart Europe Limited, +44-20-7523-8350
Web site: http://www.infinitybio.com.br/
