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Applied Natural Gas Fuels Announces Personnel Moves

Stocks in this article: AGAS

Applied Natural Gas Fuels, Inc. (“ANGF” or the “Company”) (OTCBB: AGAS.OB) announced today that it has named Edward McKenna, Jr. as its new Chief Financial Officer, and has promoted Frank Martelli to the position of Vice President of Operations, and Scott M. Johns to the position of Vice President of Sales.

Prior to joining the Company, Mr. McKenna (age 53) served as a consultant and advisor to several media and technology businesses. From 2005 to 2009, he served as Executive Vice President and Chief Financial Officer for Fox Interactive Media, Inc. and from 2003 to 2005 served as Senior Vice President, Finance for Fox Entertainment Group. Prior to Fox Interactive Media, Mr. McKenna worked as the chief financial officer at several companies in the media and broadcasting industry. Mr. McKenna received a B.S. in Business Administration from California State University, Northridge. He is also a Certified Public Accountant in California, New York, and Illinois.

Mr. McKenna is taking the position of A. Bradley Gabbard, who resigned to pursue alternative employment opportunities close to his home and family in Colorado.

“While we are sad to see Brad go, we are very excited to have Ed join the Company as our CFO. Ed’s broad range of executive experience and tremendous financial and operational management acumen will add significantly to our capabilities to continue to push forward with our aggressive growth plans,” said Cem Hacioglu, President and CEO of ANGF.

Frank Martelli has served as the Company’s Director of Special Projects since May 2010. In his new position, Mr. Martelli will lead the Company’s operations, as well as recruit, train, and motivate personnel managing the Company’s growing activities. “Frank has been a critical member of the management team since joining us a year ago. In a very short period of time, he has established himself as a leader with his exemplary work ethic, critical thinking, and relentless execution capabilities. We will continue to rely on Frank in his new expanded role,” said Mr. Hacioglu.

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