On May 27, 2014, Bluesphere Corporation announced that Mr. Yigal Brosh has been appointed a member of the registrant's board of directors, effective May 27, 2014. Mr. Brosh also has not yet been appointed to any of the registrant's board committees, although it is expected that he will be appointed to the registrant's audit and compensation committees. With the appointment of Mr. Brosh, the registrant's board consists of three directors.

Mr. Brosh currently serves as Managing Partner at Zeta Capital management.