CORPORATE OVERVIEW
Kenneth E. Cook, an advanced product designer and automated tool engineer, founded hydrofoils Incorporated in 1972. Ken's experience in marine engineering dates back to 1955 when he successfully designed, built and tested a 13.5 foot racing hydrofoil in response to the many boat accidents where turning and uncontrolled flight were the cause. The company now specializes in the design and manufacture of inherently stable, high tech marine vehicles that can "turn at any speed". The exclusive patented technology utilized is truly revolutionary and is setting new standards in water borne transportation. Hydrofoils Incorporated is the only company in the world with the ability to produce marine vehicles that operate safely at speeds compatible with rail auto and helicopter while travelling over and in close proximity to the water.
PROFILES OF COMPANY OFFICERS
Kenneth E. Cook, President & CEO
A distinguished engineer with a degree in industrial design, Mr. Cook has a prominent history of producing high technology products for market using the most advanced systems available. He has many years of precision machine tool and capital equipment development and production for Motorola, IBM, Harris, Pratt and Whitney, Bendix, Smith and Wesson, and NASA. Ken has numerous "Design Originals" including the first miniature resuscitator used in space shuttles; the first Doppler radar speed measuring device; the first chemical alcohol measuring device (breathalyzer); and the first hydrofoil ever to exceed 100 mph. His work is published worldwide and includes an engineering "Best Paper Award", an "Outstanding Achievement Award", and two "Six Sigma Quality and Engineering" awards. Mr. Cook is the founder of Hydrofoils Incorporated. He currently holds five U.S. Patents.
William T. Flaherty, Vice President Finance
An accomplished project manager and senior business analyst in financial systems, Mr. Flaherty is highly experienced in the implementation of financial and accounting systems and accounting operations management. Held positions as First Vice President of Shearson Lehman Brothers and EF Hutton, Assistant treasurer of the Dreyfus Sales Corporation, and Senior Business Solutions Analyst at Walt Disney. On Wall Street, he coordinated financial systems integration and implementation during numerous corporate mergers and acquisitions. At Disney, he led a project team responsible for implementing a new business forecast and planning process organization wide. Bill is also a graduate of the Chapman School of Seamanship, holds a US Coast Guard license, and is a member of the Society of Accredited Marine Surveyors. A key player at "Hydrofoils" since 1997, Bill is defining the company's financial infrastructure and internal controls, and developing business forecast models and projections. He will manage on going accounting operations.
Montie Talbert, Vice President Operations
Montie is a decorated career naval officer (CWO4 U.S. Navy 10/68-11/91) with an extensive background in manpower/material resource management, mission planning, internal control, maritime administration, occupational health and safety, public affairs, and quality assurance. Has held key operational billets aboard three aircraft carriers, two major fleet staffs, a heavy surface combatant, two tail hook squadrons, and three fleet supporting shore activities. He holds (33) personal awards and unit commendations and has participated in (14) major naval campaigns and expeditions. Montie joined "Hydrofoils in 1996 and directs overall operations while staging the company for an efficient transition into and through it's production phase.
Casey Cook, Vice President System Administration
Mr. Cook is an experienced information technology (IT) manager and systems administrator. As Director of Network Operations at CyberGate, Inc. (ISP) he managed a team of (30) technicians while coordinating beta testing and research of new hardware/software systems for implementation. He has a broad background in computer programming and has provided essential data base development for several successful South Florida start-up companies. Casey is the son of "Hydrofoils" founder Ken Cook and has provided many years of hands-on R&D data acquisition and recording services of numerous high speed marine vehicle tests and modifications. He will provide the framework for effective administration/organization of company policy and procedure as relates to computer operations.