Ambassador Thomas Graham, Jr., takes the position of Executive Chairman of the Board of Directors, effective on August 1, 2007.
(from june 19, 2007 company NR)
Ambassador Graham is one of the world's leading experts on nuclear non-proliferation. As a senior U.S. diplomat, he was involved in the negotiation of every major international arms control and non-proliferation agreement leading up to the end of the Cold War and permanent extension in force of the Nuclear Non-Proliferation Treaty (NPT). Ambassador Graham played a leading role in negotiation of the Strategic Arms Limitations Talks (SALT Treaties), the Strategic Arms Reduction Talks (START), Comprehensive Test Ban Treaty (CTBT) and many others.
A lawyer by training, Ambassador Graham served for 15 years as the general counsel of the U.S. Arms Control and Disarmament Agency (ACDA). He also served as the Special Representative of the President of the United States for Arms Control, Non-Proliferation, and Disarmament from 1994 through 1997, where he successfully led U.S. government efforts to achieve the permanent extension of the Nuclear Non-Proliferation Treaty with the consensus of all parties to the treaty, which were essentially every country in the world except for three countries that were not parties. As part of this process, Ambassador Graham met with representatives of about 180 countries and traveled to over seventy of those countries for negotiations. He brings these relationships and an unmatched global perspective to Thorium Power.
Ambassador Graham stated, "I am pleased to play an increasing role in Thorium Power's important business of deploying thorium-based nuclear fuel in the world's reactors. Non-proliferation, the environment, and energy are three of the most important issues facing the world and the global population at large. Given the large number of countries entering the market for nuclear power plants for the first time, I feel that diplomatic efforts to stop the spread of nuclear weapons-usable materials must be supplemented with changes to the nuclear fuel technology. Thorium Power's nuclear fuel-based technology stops the reactors from producing nuclear weapons-usable materials, produces much lower waste, reduces total fuel costs, and can be deployed in both new and existing nuclear reactors. Moreover, our technology has now been successfully demonstrated in a Russian research reactor for over four years. I look forward to utilizing my knowledge of nuclear non-proliferation and my strong relationships with key influencers in the business and political arenas to help commercialize thorium power's nuclear technology."
About Thorium Power, Ltd.
Based in McLean, VA, Thorium Power, Ltd. is a nuclear energy pioneer and the leading provider of low-waste, non-proliferative nuclear fuel technology for existing and future reactors. The Company's technologies include nuclear fuel designs optimized to address key concerns about traditional nuclear power, including nuclear proliferation and nuclear waste. Thorium Power plans to license its technologies to commercial and government owned reactor operators and nuclear fuel fabricators aiming to benefit from thorium-based fuels. The Company is targeting new reactors in countries without a nuclear industry today, as well as currently operating and new reactors in countries with an established industry. Thorium Power is also leveraging its nuclear technology, business and regulatory expertise and relationships by offering services to commercial entities and governments looking to establish or expand nuclear industry capabilities and infrastructure. In addition to leveraging its International and Technical Advisory Boards comprised of key national and international leaders in the fields of nuclear energy, finance, government affairs, non-proliferation and diplomacy, the Company maintains long-standing relationships with leading Russian nuclear entities, providing expert resources and facilities for its nuclear fuel development activities. To support the implementation of its business model, Thorium Power has plans to form partnerships with various types of participants in the nuclear industry, allowing the Company to address multiple nuclear reactor types internationally.
