Management Team
Hakan Wretsell, CEO

Former General Manager & Executive Vice President of Ericsson Mobile Phones the Americas (NASDAQ:ERICY), the largest supplier of mobile systems in the world, Mr. Wretsell has over fifteen years of senior management experience. Mr. Wretsell's thirteen-year career with Ericsson included spearheading the company's operations in the United States and Latin America while reporting directly to the company President. As Executive Vice President and General Manager, Mr. Wretsell was responsible for restructuring the Company's U.S. operations, which generated over $2.5 billion in annual sales under his leadership. In addition Mr. Wretsell served as Vice President of Sales and Marketing in Latin America, where he established Ericsson's operations including supply chain, sales, distribution, marketing and customer support. Under his guidance, the operation grew from sales of $60 million and four employees in 1995 to sales of over $660 million and more than two hundred employees in 1999.

Mr. Wretsell is currently a Managing Partner with Business Growth Consultants, a U.S. and Sweden-based company that he co-founded to provide senior level consulting services to public and private companies. Additionally, he serves on the advisory board of Hansen Gray & Company, the lead venture capital firm backing iCurie.

Michael Karpheden, CFO

Former Executive of LM Ericsson, the largest supplier of mobile systems in the world, Mr. Karpheden has over fourteen years of international financial leadership experience. Mr. Karpheden's eleven-year career with Ericsson of North and Latin America included serving as Acting President responsible for all company activities including business development and strategies, and sales and marketing. Mr. Karpheden established the Company's finance department and also served as Director of Finance and Logistics, managing all aspects of finance and accounting for Ericsson of North and Latin America, including ten Unites States subsidiaries and operations in Mexico and South America of LM Ericsson.

Mr. Karpheden has served as Chief Operating Officer for STRAX Inc., a Miami, Florida-based manufacturer and supplier of mobile phones and accessories. During his tenure with STRAX, he successfully negotiated sales contracts with such industry leaders as AT&T, Telefonica Spain and Kmart, and he restructured overseas operations in London and Hong Kong.

Mr. Karpheden is currently a Managing Partner with Business Growth Consultants, a U.S. and Sweden-based company that he co-founded to provide senior level consulting services to public and private companies. Additionally, he serves on the advisory board of Hansen Gray & Company, the lead venture capital firm backing iCurie.

Dr. Jeong Hyun Lee, Ph.D., Director


After award-winning work on two space shuttle missions with NASA, former Samsung scientist Dr. Jeong Hyun Lee founded iCurie Labs Inc. Dr. Lee, along with his team of engineers, created and patented a breakthrough nano-scale, super cooling technology -- initially to address the development-hindering problem of semiconductor cooling. The radical cooling technology is unique in that it does not require fans, pumps, dangerous gases or electricity to be effective. This environmentally friendly system has been initially applied to semiconductor cooling in overcoming one of the biggest barriers in developing faster computer speeds -- heat.

Jeppe L. Hansen, Director

Mr. Hansen currently serves as Chairman of Hansen Gray & Company and has over twenty years of experience in investment banking, trade finance, and real estate finance. He was the founder and CEO of Bridgehead Group Ltd., a financial advisory and investment banking firm active with companies in various areas of technology, financial services, consumer products, software development and telecommunications. Mr. Hansen has prepared business plans, evaluated strategies, monitored performance, and implemented strategic plans for various clients in the US and Europe. He has advised international government agencies and business interests in foreign trade, trade finance, and commercial development. He has arranged financing with various commercial banks on behalf of corporate clientele and is an experienced manager of privately owned companies. Mr. Hansen has held investment banking positions with Morgan Stanley and Merrill Lynch in New York and Miami and has advised institutional investors and privately and publicly-owned companies on investments, project finance, and business acquisitions. Mr. Hansen has also worked as a marketing executive and strategic planner for companies in Denmark and as an operations manager for a US-based multi-national corporation.