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E-Fuel has been funded by its founder Thomas J. Quinn and will be establishing a series A investment round sometime during Q3 2008.
Interested investors should contact the company using our contact form.
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Our mission is to provide consumers a superior fuel product
to gasoline that's environmentally-friendly, inexpensive, and accessible to
everyone.
E-Fuel was
founded in 2007 by entrepreneur Tom Quinn and ethanol scientist Floyd
Butterfield to create the world's first home ethanol product for people who
want to break their dependency on oil. E-Fuel has created a business model and
product design that makes home ethanol access practical and cost competitive
against gasoline. To achieve this, E-Fuel focused on three goals:
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Removing the costly oil infrastructure from the process of producing and delivering ethanol
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Use of carbon credits to reduce pricing of ethanol feedstock
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Stimulate ethanol demand through low cost of ethanol fuel (under $1 per gallon)
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Thomas Quinn has over thirty years of leadership experience in the high-tech sector. Mr. Quinn has
built four successful start-up companies, the most recent being Gyration, Inc., the patent holder of the Nintendo Wii controller.
At Gyration, where Mr. Quinn served as president and CEO, he raised $40 million in equity financing and in 2004 sold the company
to Thomson, Inc. Prior to Gyration, Mr. Quinn founded Samsung Information Systems America (SISA), a servicer of memory storage
products in San Jose, CA, which he grew to $200 million in revenues. Prior to SISA, Mr. Quinn was President of Novell, Inc.,
the country's first local network company. While at Novell, Mr. Quinn helped grow revenues to over a billion dollars and achieved
a 60% profit margin. Prior to Novell, Mr. Quinn helped develop the industry's first micro processor interface hard disk drive
at Seagate (Shugart Associates).
Mr. Quinn has multiple patents in the areas of inertia gyro and human motion translation.
Mr. Quinn attended De Anza College.
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Floyd S. Butterfield has over twenty-five years of experience in the biofuels industry.
Mr. Butterfield serves as Director of Engineering and Manufacturing and is a Board member for Diversified Ethanol in Eagle Grove,
Iowa, a small public ethanol manufacturer capable of producing 0.5 to 4 million gallons per year with multiple plants.
Prior to his tenure at Diversified Ethanol, Mr. Butterfield founded FSB Energy, a provider of design, construction and operational
consulting services to the biofuel and geothermal industries. Mr. Butterfield also founded and served as COO of Curbside Container
Company, where he developed six patents related to recycling containers. He also served as CEO of FSB Farming, a grower of carrots
and tomatoes for large packing operations. Mr. Butterfield also designed and built a small fuel alcohol plant which won the
California Fuel Alcohol Plant Design Competition sponsored by the California Department of Food and Agriculture.
Mr. Butterfield holds a B. A. in Geophysics from Occidental College and attended the Colorado School of Mines� Geophysics Masters Program.
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Bruce Padula has over twenty years of technology sector sales and marketing experience.
Most recently Mr. Padula was Senior VP of Sales for Gyration where he marketed and sold end-user products
in the consumer electronics industry and remote control products in the professional presentation and education markets.
Prior to joining Gyration, Mr. Padula held various senior management positions including Vice President of Sales for Samsung, Vice President of Field Marketing for Novell, and Vice President of Sales for Santa Clara Systems. Mr. Padula possesses a proven track record of building successful organizations and instilling a focus on quality, service, and support.
Mr. Padula holds a B.A. in Computer Science and Psychology from Colgate University.
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