Braemar Energy Ventures Promotes Jiong Ma to Partner.

NEW YORK -- Braemar Energy Ventures, a venture capital fund making early- to mid-stage investments in the energy technology sector, announced today that Jiong Ma, Ph.D. has been appointed partner in the firm. Dr. Ma is based in the firm's Boston office.

Since joining Braemar in 2007, Dr. Ma has led, or co-led, several key investments in companies that apply energy efficient technologies to existing industries. She has led investments in laser technology company Laser Light Engines and in 'green computing' companies Convey Computer and Powervation. She also served as co-lead on investments in energy efficient lighting companies Fulham and Luminus Devices.

"Jiong is the consummate investment professional," said Dennis Costello, Managing Partner of Braemar Energy Ventures' Boston office. "She approaches investment opportunities from many angles, vetting them for their financial viability, as well as the integrity of their science. Her deep knowledge of the ways in which information technology can use energy more efficiently while still meeting the world's demands has been of great value to Braemar."

Dr. Ma has nearly 15 years of research, operating and venture capital experience in the technology industry. Prior to joining Braemar, she was with the venture group at 3i, a global private equity firm where she was responsible for investment in the information technology and cleantech sectors. Prior to 3i, Dr. Ma held several senior positions at Lucent Technologies and Bell Labs. She was also a founding team member of Onetta, a fiber networks start-up company, and a technical staff member of Nortel Networks.

"We live in an information-driven world, with electronics consuming massive amounts of energy to meet growing global demand," said Dr. Ma. "Braemar's partners understand the strategic importance of energy efficiency and how it leads to real, immediate benefits. They are dedicated to playing a role in the next generation of energy efficient solutions."

Dr. Ma received a Ph.D. in electrical engineering from the University of Colorado at Boulder, an M.S. in electrical engineering from the Worcester Polytechnic Institute in Massachusetts, and a B.S. in physics from Lanzhou University, China. She is a graduate of the Kauffman Fellows Program, has published or co-authored 15 technical papers, and holds one U.S. patent. Dr. Ma serves on the board of Fulham, Laser Light Engines, Convey Computer and Powervation and is a board observer at Luminus Devices.

About Braemar

Braemar Energy Ventures is a venture capital fund making early- to mid-stage investments in the energy technology sector. The firm's principals have invested in more than 50 companies in the sector and have significant technical, operational and financial experience in energy and energy-related industries. Through offices in New York and Boston, the firm targets a wide range of energy technologies that impact stationary power, transportation and portable energy applications. Additional information is available at www.braemarenergy.com