On June 15, 2021, the board of directors of Tecogen Inc. (the “Company”) increased the size of the Company’s board of directors from seven directors to eight directors and appointed Abinand Rangesh as a director to fill the resulting vacancy. Dr. Rangesh will serve as a director of the Company until his resignation, death, or removal. Dr. Rangesh has been an employee of the Company since 2017, serving as Vice President & General Manager since March 2021, as Director of Corporate Strategy from 2019 to 2021, and as Director of Project Development from 2017 to 2019. From 2014 to 2016, Dr. Rangesh served as CEO at Lumi Ventures, as CTO of Lumi Solaire LLC and as COO of Peek You. On June 15, 2021 the Company’s board of directors appointed Mr. Ralph Jenkins as a member and as the Chairman of the Company’s Audit Committee.
Tecogen Inc. designs, manufactures, markets, and maintains ultra-clean cogeneration products. The Company includes natural gas engine-driven combined heat and power (CHP) systems, chillers, and heat pumps for multi-family residential, commercial, recreational, and industrial use. The Company operates through three segments: Products, Services, and Energy Production. The Products segment designs, manufactures and sells industrial and commercial cogeneration systems. The Services segment provides operations and maintenance services and turn-key installation for its products under long-term service contracts. The Energy Production segment, which installs, operates, and maintains distributed generation electricity systems that it owns and sells energy generated by such systems in the form of electricity, heat, hot water, and cooling to its customers under long-term energy sales agreements. The Company's products are sold with its patented Ultera emissions technology.