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Media Contact:
Matt Otepka
104° West Partners
206-855-7826
matt.otepka@104degreeswest.com



Accelergy Appoints Industry Experts to Its Board of
Directors and Board of Advisors

Dr. Bernie Bulkin, Dr. Daniel Yergin and N.J. Nicholas, Jr. Bring Wealth of Expertise
To Research and Development Company

Palo Alto, CA, December 11, 2006 – Accelergy Corporation, a leading research and development company offering high throughput solutions for accelerated discovery, development and commercialization of advanced catalytic materials, today announced that Dr. Bernie Bulkin has joined the company's Board of Directors and Dr. Daniel Yergin and N.J. Nicholas, Jr. have joined the company's Board of Advisors.

"Collectively, Bulkin, Yergin and Nicholas bring a wealth of experience in the energy, alternative resource and environmental industries that will be a huge asset to Accelergy,” said William Chen, founder and CEO of Accelergy. "Their contributions will be instrumental in guiding us through future growth and success.”

Dr. Bernie Bulkin is a former chief scientist of British Petroleum (BP). He spent 19 years at BP and its predecessor, The Standard Oil Company, holding various positions in technology and business, including chief technology officer and director of Manufacturing, Supply, and Distribution. As BP's vice president for Environmental Affairs, Bulkin developed BP's clean fuels strategy and led BP's strategy and action plan on climate change. He helped to develop BP's thinking about sustainability, what it means in an extractive company, and the organizational demands of sustainability in a large company. Prior to BP, Bulkin was an academic scientist and Professor at City University of New York and Polytechnic Institute for 18 years.

Dr. Daniel Yergin is chairman and founder of Cambridge Energy Research Associates (CERA) and is a highly-respected authority on international politics, economics and energy.  He is a Pulitzer Prize winner and recipient of the United States Energy Award for “lifelong achievements in energy and the promotion of international understanding.” Dr. Yergin is the author of The Prize: The Epic Quest for Oil, Money and Power, as well as Commanding Heights: The Battle for the World Economy . He is a trustee of the Brookings Institution, a member of the Board of the United States Energy Association and National Petroleum Council. He has also chaired the U.S. Department of Energy's Task Force on Strategic Energy Research and Development.

N.J. Nicholas, Jr. currently serves as chairman of the Board of Environmental Defense. He spent thirty years in a number of executive positions at Time Inc. including serving as the company's president in 1986 and co-chief executive officer of Time Warner Inc. until February 1992. Nicholas is a director of the Boston Scientific Corporation, Xerox Corporation and Time Warner Cable. He has served as a member of the board of Turner Broadcasting, Bankers Trust Company, Priceline and the President's Advisory Committee for Trade Policy and Negotiations and the President's Commission for Environmental Quality. Nicholas is also a member of the Council on Foreign Relations.

About Accelergy Corporation
Accelergy Corporation is a research and development company collaborating with global strategic partners to accelerate the discovery, development, and commercialization of advanced materials utilized in the energy markets.  Accelergy minimizes the risk and cost of product development, while maximizing speed to market of advanced materials by seamlessly integrating proprietary, high throughput systems with strategic research partnerships, knowledge generating software, and scaleable R&D assets. From enhanced product development, to accelerated commercialization, to new technology platforms, Accelergy drives innovation.  The company currently has offices in Palo Alto, California, and Shanghai, China and is backed by a group of leading investors, including Advent International, Goldman Sachs, Lux Capital, Mobius VC, Nth Power, Sequoia Capital, and Technology Partners.  For more information, visit www.accelergy.com.






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