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Richard Ritter v. Raffay has been President, Chief Executive Officer, Secretary, Treasurer and Chief Financial Officer of AlgoDyne Ethanol Energy Corp. since January 26, 2007. Mr. Raffay acted as the managing director of Hanseatishe Commodity und Capital GmbH, and served as senior corporate finance advisor of Eutelis GmbH, Ratingen, subsidiary of Deutsche Telekom and France Telekom. He has been Director of AlgoDyne Ethanol Energy Corp. since January 26, 2007. In addition In addition, Mr. Raffay has served as a member of the supervisory board of Khan Oppenheimer and Pictet AG in Hamburg. Mr. Raffay has a Master of Business Administration from the Hamburg University for Economics and Politics and studied management economics and law at the University of Hamburb, law faculty, Hamburg. | 