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Thorium Power Adds Nuclear Technology Experts

In addition to the ongoing development work tied to the VVER-1000 reactor fuel designs, Thorium Power is pursuing additional Western-style pressure water reactor fuel designs
by Staff Writers
Mclean VA (SPX) Jul 25, 2008
Thorium Power has announced the appointment of two nuclear industry stalwarts. Robert Ihde will serve as Thorium Power's Senior Vice President for Nuclear Technology while Dr. Claudio Filippone will serve in the capacity of Senior Director of Nuclear Technology Analysis.

Mr. Ihde brings a wealth of experience to Thorium Power from his years in leadership positions with Areva and Babcock abd Wilcox while Dr. Filippone's extensive nuclear technology knowledge has been most recently applied as a professor of Nuclear Science at the University of Maryland.

They join Thorium Power at a time when the Company is accelerating its ongoing technical work on its key proliferation-resistant fuel designs and expanding the scope of its technology platform development. Thorium Power will call on Mr. Ihde and Dr. Filippone to help manage and execute various technology related projects within the Company.

In addition to the ongoing development work tied to the VVER-1000 reactor fuel designs, Thorium Power is pursuing additional Western-style pressure water reactor fuel designs. Furthermore, the expansion of scope also includes joint projects tied to leading American technology partners and preparations for additional patent filings.

By focusing on nuclear fuel designs for Western reactors, Mr. Ihde and Dr. Filippone will address an expanding area for Thorium Power.

Seth Grae, Thorium Power's President and CEO, stated: "Our priority is to commercialize Thorium Power's proprietary non-proliferative fuel. The addition of Bob Ihde and Claudio Filippone to our team strengthens this effort. Bob has a wealth of experience on both the technology side and the business side of nuclear fuels while Claudio is widely recognized as one of the most accomplished and innovative nuclear researchers active in the field."

Andrey Mushakov, Thorium Power's Executive Vice President for International Nuclear Operations, added: "I am immensely gratified that Bob and Claudio have joined our company.

In working with our team of scientists and engineers in Moscow as well as our Technical Advisory Board, they will help bring a sharp focus on how best to demonstrate the inherent advantages of our fuel designs in terms of proliferation resistance, low waste generation and operator economics."

Robert Ihde currently serves on Thorium Power's Technical Advisory Board and will maintain this position. Most recently, Mr. Ihde held key management positions within AREVA, including President abd CEO of Duke, Cogema, Stone abd Webster where his responsibilities included carrying out the U.S. MOX (Mixed Oxide) fuel program during his 2000 to 2005 tenure. He also served as President and COO of Cogema Technologies, Inc. from 1995 to 1999.

In addition, Mr. Ihde spent a significant part of his career at Babcock abd Wilcox where he held various senior management positions. While at Babcock abd Wilcox, Mr. Ihde led the Nuclear Fuel Services Business Unit and the formation of B and W Fuel Company, where, as President, he was responsible for establishing license agreements with international partners and successfully implemented new fuel assembly designs as well as related fuel hardware and services.

Dr. Filippone is an expert in nuclear engineering and related energy systems with decades of problem solving experience and out-of-the-box thinking. He has worked on advanced thermal-hydraulic systems utilized in conventional and advanced nuclear, fossil-fuel burning, and renewable energy power systems.

In 2005, he served as senior science advisor to Washington Policy and Analysis, Inc., a D.C.-based policy consultancy headed by the former Deputy Secretary of Energy and current chairman of the Department of Energy's Nuclear Energy Research Advisory Committee.

Dr. Filippone is the author of numerous nuclear related patents and is a specialist in regard to intellectual property. Dr. Filippone received his Ph.D. in Nuclear Engineering from the University of Maryland, College Park in 1996, and his Diploma of Maturit� in Electrical Engineering from the Istituto Tecnico Industriale G. Marconi in Verona, Italy in 1983.

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