Precursor Systems, Inc.

Precursor Systems, Inc. offers a broad spectrum of development and consulting services to the energy and environmental industries.

Founded in 1986, Precursor and its principal, Mr. Aviv Goldsmith, have contributed to the development of seven power projects that are now operating which total 397 MW in capacity and $654 million of capital cost, including:

* Fairfield Energy Venture, Maine

* Dixie Valley Geothermal, Nevada

* Amedee Geothermal Venture I, California

The company is well positioned to direct or assist others in all phases of energy project development and operations. The company focuses on efficient and economical power generation with an emphasis on renewable fuels. We have hands-on skills in:

* due diligence investigations

* project development and management

* structuring and placing non-recourse project financing

* power sales negotiations

* cogeneration steam sales contract development

* design and construction contract negotiations

* environmental and regulatory permitting

* securing transmission line and wheeling access

* partnership and joint venture administration

* operations and maintenance

Precursor has purposefully kept its staff small by combining the expertise of internal personnel with that of its contacts experienced in specialized fields of energy projects. This allows a small staff at Precursor to tailor a team to specific client needs, and keep consulting rates low. Resumes of Precursor personnel and associates are available upon request.