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CAT is a leading agro-biotechnology company listed on OTCBB in Dec 2007(OTC Bulletin Board: CAGTF). The company reported total audited revenues ofUS$37 million in fiscal year ended 30 September 2007, with gross profits ofUS$35 million and net income of US$32 million. CAT promotes ecologicallysustainable technology to meet the global demands for biofuel supply and helpsaddress environmental needs.
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Mr. Cantonnet is a financial industry professional with over 25 years ofexperience. He is a founder and Chairman of the Board of Brazil Ethanol,Inc., a company incorporated to act as an acquisition vehicle for theconsolidation of the ethanol industry in Brazil. In March 2007 Mr. Cantonnetled Brazil Ethanol's executive team in its successful completion of a US$150million equity offering.
"I am thrilled to take on the role of CEO and come on board when theorganization is at this stage with exciting developments ahead," said Mr.Cantonnet. "I am confident we will grow from strength to strength, and I amdetermined to lead the company to continued growth and value creation."
Biography
Mr. Jorge Cantonnet is a founding member and Chairman of the Board ofBrazil Ethanol, Inc., a company incorporated to act as an acquisition vehiclefor the consolidation of the ethanol industry in Brazil. In March 2007 Mr.Cantonnet led Brazil Ethanol's executive team in its successful completion ofa US$ 150 million equity offering. He is also the founder of Global CapitalNetworks, LLC, a principal investment firm focusing in alternative energyindustries, and has been its Chairman of the Board from February 2005 untilthe present day.
Mr. Cantonnet is a financial industry professional with 25 years ofexperience. From May 1998 until January 2005, he was a Senior ManagingDirector for Bear Stearns & Co., Inc., where he was the Global Head ofEmerging Markets -- Capital Markets with worldwide responsibility for theregions of Latin America, Eastern Europe, Middle East, Africa and Asia. Hisprior experience includes serving as the co-head of UBS International'sCapital Markets business, with responsibility for the region of Latin America,and as an executive with each of Bankers Trust, Merrill Lynch, and Citigroup.Mr. Cantonnet has also served as a director of Progressive Capital Solutions,LLC, a life settlements industry provider, since October 2005 until thepresent day.
Mr. Cantonnet earned a B.S. degree in Biomedical Engineering from BostonUniversity in 1979 and an M.B.A. degree from Harvard Business School in 1986.
About China Agro-Technology Holdings Ltd
China Agro-Technology Holdings Ltd ("CAT") is an ecologically sustainableagricultural technology enterprise that aims at promoting a globalreforestation program, generating environmental rehabilitation and serving theacute demands for paper products.
CAT is primarily involved in the ownership, management and operation ofGenetically Engineered plantations, the non-tube clone plantations and themarketing of the proprietary rights and technological know-how to the globalmarket.
CAT's strength is its group of highly innovative research scientists andagronomists who specialize in the R&D of agriculture and intelligent computernon-tube plant propagation technology. Driven by agro-biotechnology, CAT isable to achieve higher output with a shorter growth period. CAT's GeneticallyEngineered Eucalypt Trees (GEET) strains are suitable for cultivation atdifferent climatic conditions and are able to grow within just 4-5 years timeto a height of 35 to 40 meters, as compared to other species that take about 6to 8 years. Its
