Ener1 appoints two industry executives as independent directors

03-08-2007: Ener1, Inc. announced the appointment of Thomas J. Snyder and Kenneth R. Baker as members of its board of directors. Both executives have distinguished careers in the automotive and technology industries and have extensive experience in electric vehicles and batteries.

Mr. Snyder served as the President from 1994 and Chief Executive Officer from 2000 through 2006 of Remy International in Anderson, Indiana and recently as the Chairman of the Flagship Energy Systems Center (FESC) in Anderson.Mr. Snyder is currently serving as the President of Ivy Tech Community College of Indiana.

Mr. Snyder graduated from Kettering University, formerly General Motors Institute in 1967, with a degree in mechanical engineering and also holds a master's degree in business administration from Indiana University.

Mr. Baker has most recently served as President, CEO and member of the Board of Trustees of Altarum Institute, a leading nonprofit research institute recognized for advanced informatics/decision support applied to the areas of national defense, healthcare, homeland security and environment. Prior to that, Mr. Baker served as the Vice Chairman and Chief Operating Officer of Energy Conversion Devices in 1999.

Mr. Baker served as an executive at General Motors for over 30 years until his retirement in 1999, including Vice President of Global Research & Development and program manager of GM Electric Vehicles. He was the founding chairman of the USABC (United States Advanced Battery Consortia). Mr. Baker graduated with a Bachelor of Science in Mechanical Engineering from Clarkson University. He currently serves on the board of directors and is a member of the audit and compensation committees of Millennium Cell, Inc., serves on the board of directors and is a member of the audit committee of AeroVironment, Inc., and serves on the board of directors of the National Coalition for Advanced Manufacturing, the Board of Governors of Cranbrook Science Institute, and the Board of Trustees of the Center for Automotive Research.