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D AVID A LLWORTH , CPA

Brookline, MA 02446 d.allworth731@gmail.com / http://www.linkedin.com/in/davidallworth 617-620-6382

SENIOR FINANCE EXECUTIVE


13+ Years CFO/VP Experience Multiple Capital Raises for Public & Private Companies More than $140 Million Total Background in Diverse Product and Technology Industries R&D Phase through Product Commercialization | Rapid Growth Phase | Highly Cyclical Markets Seasoned senior-level executive with diverse industry experience comprising renewable energy, electronics manufacturing, software, and public accounting. Unwavering attention to detail, with strong skills in financial analysis, budgeting, forecasting, reporting and controls, and consistent cash flow emphasis. Extensive hands-on finance, management and accounting experience including relationships with Board of Directors, investment banks, shareholders and auditors. Capital raise track record including public and private equity; and convertible, secured and unsecured debt. Proven areas of expertise include: Financial & Strategic Planning Budgeting and Cost Management Financial Modeling & Analysis SEC Reporting Equity & Debt Financing Investor Relations GAAP Information Systems Implementation

PROFESSIONAL EXPERIENCE
InEnTec Inc. January 2002 Present Developer of advanced waste-to-energy conversion technologies (R&D phase through commercialization) Chief Financial Officer Direct all aspects of corporate finance, including strategic & operational planning, cash flow forecasting, equity & debt financing, investor relations, accounting, budgeting & management reporting, audit, taxes, risk management and human resources. Accomplishments: Successfully raised more than $109,000,000 through private placements of equity, convertible debt and joint venture partnership interests, enabling transition from R&D to product commercialization. Impacted development of product commercialization strategy by pioneering development of long-term enterprise-level financial model, facilitating creation of two joint ventures comprising funding commitments with financial and strategic partners totaling up to $300,000,000, and instrumental to closing several other capital raise transactions. Spearheaded due diligence leading to successful acquisition of medical waste services business. Implemented accounting & reporting systems & processes, HR policies & procedures, and employee benefit plans. Proactively modeled financial potential of this business, resulting in realization of an increased selling price six times the acquisition cost paid 21 months earlier. Implemented companys first-ever budgeting process providing visibility and control of near-term cash flows for business commercializing cutting-edge waste-to-energy conversion technology. Sponsored implementation of Sarbanes-Oxley compliant internal controls documentation. Re-engineered financial close processes, resulting in issuance of monthly management reports by day 3 after month-end, and acceleration of annual external audit completion to 55 days after yearend.

DAVID ALLWORTH

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Integrated Measurement Systems, Inc. November 1995 December 2001 Global manufacturing company with entities in 8 countries -- $75 million revenues Vice President, Finance & Corporate Controller Directed all corporate financial planning, management reporting, accounting and manufacturing cost accounting processes to ensure accuracy and integrity of public company financial reporting. Prepared earnings press releases and information packages to support CFO dialogue with financial community. Drove formulation of financial strategy, including operational planning; income tax planning; development of international infrastructure; and financial planning and analysis for new product development. Prepared SEC filings and annual reports to shareholders, including prospectuses for sale of IMSC common stock in public equity markets. Implemented investor relations web site, prepared & delivered presentations to investor conferences. Orchestrated implementation of financial modules of Oracle enterprise software system. Accomplishments: Coordinated all financial reporting and due diligence activities required to successfully complete IMSC $32.0 million secondary public offering in February 1997. Spearheaded implementation of international infrastructure, including establishment of income tax holiday in St. Gallen, Switzerland, leading to tax rate reduction on Swiss manufactured goods from 31% to 3%, providing basis for targeted annual tax savings in excess of $1 million. Facilitated development of product portfolio management process, providing management with project ROI analysis, visibility to long-term R&D resource requirements, and revenue portfolio planning tool. Personally challenged initial conclusion by tax experts denying tax deductibility of employee gains from Cadence (former parent company) stock options, and coordinated tax research that resulted in IMS deduction of these employee gains, generating cash flows to IMS of $6.8 million. Developed and implemented Company investment policy and currency exchange management policy. Substantially reduced exchange rate impact on net income. Mentor Graphics Corporation October 1988 October 1995 Global software company with entities in 18 countries -- $435 million revenues Asia-Pacific Regional Manager -- Global SAP Project Team Directed regional planning & re-engineering of financial processes utilizing SAP enterprise software. International Accounting Manager Multiple other positions KMG Main Hurdman (merged into KPMG Peat Marwick) Global accounting firm Combined Services Staff audit & tax August 1982 August 1985

EDUCATION
Oregon State University, B.S. Business Administration (concentrations in Accounting & Finance) Certified Public Accountant, State of Oregon

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