Sun Catalytix Names Mike Decelle CEO

Energy storage and renewable fuel technology company Sun Catalytix Corp. has named Mike Decelle as its first president and chief executive. Decelle was previously the chief executive of LumenZ, a Boston-based start-up developing LED technology. Based in Cambridge, Mass., Sun Catalytix is backed by Polaris Venture Partners, the Tata Group and the U.S. Department of Energy’s Advanced Research Projects Agency.

PRESS RELEASE

Sun Catalytix Corporation, an energy storage and
renewable fuels company, today announced that Mike Decelle has joined the company
as its president and chief executive officer. Mr. Decelle’s extensive business and
technical experience will play a crucial role in leading the company through its next
phase of technology development and commercialization.

“As we make the important transition in the company from scientific leadership to
technology development, we are uniquely fortunate to have attracted a leader of Mike
Decelle’s caliber and experience. Mike shares our vision for transforming our energy
infrastructure by making renewable fuels a viable alternative,” said Art Goldstein,
chairman of Sun Catalytix and chairman and CEO Emeritus of Ionics, Inc.

Mr. Decelle was most recently CEO of LumenZ, a Boston-based, venture capital-
backed start-up developing next-generation LEDs for the illumination industry.
Previously, Mr. Decelle was CEO of three other companies developing breakthrough
technologies for the photonics industry: NoblePeak Vision, Apogee Photonics and ASIP.
These companies have raised more than $50 million in financing and achieved product
sales exceeding $100 million. Mr. Decelle started his career as a member of the
technical staff at AT&T Bell Labs, eventually becoming a senior executive at Lucent
Technologies, leading some of the company’s largest sales teams and lines of
business.

“Sun Catalytix’ breakthrough technology has the potential to dramatically change the
game by providing cheap, highly available renewable energy,” said Decelle. “I am
impressed by the depth and breadth of the team at Sun Catalytix and look forward to
leading the company as it continues its progression toward commercialization.”

Added Daniel Nocera, the Henry Dreyfus Professor of Energy and Professor of
Chemistry at MIT and founder of Sun Catalytix, “We have demonstrated the feasibility of
a cheap and reliable means of capturing and storing the energy from the sun using low-
cost, earth-abundant materials. Sun Catalytix, with the added leadership provided by
Mike Decelle, will commercialize this discovery to provide to the world a source of
inexpensive, distributed and highly available renewable energy.”

About Sun Catalytix Corporation
Located in Cambridge, Mass., Sun Catalytix is an energy storage and renewable fuels
technology company founded to commercialize groundbreaking science from the
research lab of Professor Daniel Nocera at MIT. The goal of Sun Catalytix is to combine
sunlight and water to provide affordable, highly distributed renewable energy, available
around-the-clock. Backed by founding investor Polaris Venture Partners, as well as the
Tata Group and the U.S. Department of Energy’s Advanced Research Projects Agency,
Sun Catalytix has started down the path to a sustainable energy future.