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VitalTrust Announces Steven C. Rockefeller, Jr. to Join Board of Directors
Publish Date : 2/20/2008 7:42:00 AM   Source : Application Development News

VitalTrust Business Development Company (OTCBB:VTBD) (“VTBD” or the “Company”) announces the appointment of Steven C. Rockefeller, Jr. to the Company’s Board of Directors. Mr. Rockefeller is the first in a number of new board members, that the Company intends to appoint, who not only provide significant executive level experience but who also share the Company’s vision to become a leading provider of vertically integrated renewable energy solutions in Bio-Diesel, Ethanol, Wind, and Solar.

“We are extremely pleased that Mr. Rockefeller has agreed to join our Board of Directors and shares our commitment to change the model by which renewable energy is delivered both in the United States and abroad,” commented Alex H. Edwards III, VitalTrust CEO. “Steven’s executive leadership and financial background as well as his worldwide business experience make him perfect for the active role he is going to take with the Company.”

"In its infancy, oil was an alternative energy source to wood and coal. The Rockefeller name is historically associated with the origination of the oil and energy business, as well as the underlying financial modeling which allowed its growth," stated Steven C. Rockefeller, Jr. "I look forward to bringing that same structure to today's alternative sources which will facilitate long-term, sustainable energy solutions."

Mr. Rockefeller is the President of Education Adventures, which creates family friendly entertainment to empower children to make better safety-related decisions. Prior to this Mr. Rockefeller served as a Managing Director for Deutsche Bank Private Wealth Management. He was a key participant in the creation of the Deutsche Bank Microcredit Development Fund, a unique partnership between the bank and its clients to support microcredit programs worldwide. Mr. Rockefeller also serves on the Board of Directors of the Soros Economic Development Fund and the Deutsche Bank Microcredit Development Fund. In addition, he serves on the Board of the Rockefeller Philanthropy Advisors, and is a member of The Rockefeller University Council and the YMCA-YWCA Camping Services Council. He holds a Master’s Degree of Public and Private Management for Yale University and a Bachelor of Arts from Fairfield University.

Investors are cautioned that certain statements contained in this document are “Forward-Looking Statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as “believes,” “anticipates,” “intends,” “plans,” “expects,” and similar expressions. In addition, any statement concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future VitalTrust actions, which may be provided by management, are also forward-looking statements as defined by the act. These statements are not guarantees of future performance



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