February 23, 2007
BLUE SUN BIODIESEL ANNOUNCES NEW CFO SUSAN ENGQUIST
WESTMINSTER, CO. Blue Sun Biodiesel LLC today announced that Susan D. Engquist has been named vice president and chief financial officer. Prior to this appointment, Ms. Engquist served as CEO and President of Interactive Solutions LLC, provider of turnkey outsourced CFO solutions to mid-size distribution, manufacturing and technology companies in the energy and other sectors. Prior to founding Interactive Solutions, Ms. Engquist served as CFO for Denver-based Pioneer Steel, a steel distribution and light manufacturing company. Ms. Engquist was instrumental in executing the sale of Pioneer Steel to Toronto-based Russel Metals.
Jeff Probst, Blue Sun's president and CEO, stated, "Susan is an accomplished financial executive who brings a wealth of experience to Blue Sun, including implementing ERP systems, SEC reporting and an in-depth understanding of accounting and tax issues. She has significant operational and systems experience as well as an intimate knowledge of Blue Sun's business. Susan has successfully established lines of credit, managed all aspects of financial reporting and controls, and has deep knowledge of manufacturing system and cost accounting implementation as well as inventory control/MRP management. We are pleased with her decision to join Blue Sun as we continue our growth as a pioneer and leader in the biodiesel industry. She will be instrumental in managing the company's financial objectives and capital plans as we implement our business strategy moving forward."
Ms. Engquist has served as Blue Sun's outsourced controller since March 2006.
For further information contact: Jeff Probst, Blue Sun Biodiesel, 303-865-7700 (www.gobluesun.com).