John Pougnet

Mr. Pougnet is the most recent addition to XELR8's executive management team with his appointment as CFO in September 2005. Immediately prior to joining the Company, Mr. Pougnet was Assurance Senior Manager at KPMG, LLP, a global network of professional services firms providing Audit, Tax and Advisory services to both public and private companies. He also served as Vice President of Finance and Corporate Secretary at Future Beef Operations, LLC, where he was responsible for the strategic planning, development and leadership of the Corporate Finance department for this multi-state meat packing company with annual revenue of $350 million. As a senior auditor with Deloitte & Touche from 1996-2001, Mr. Pougnet led audits for multi-national clients in a broad range of industries, including investment management, banking, investment funds (both domestic and international), manufacturing, transportation, distribution, retail and wholesale. As XELR8's CFO, Mr. Pougnet initiates all budgets, forecasting, and job cost analysis systems for the company, in addition to directing all finance, accounting, data analysis and reporting for both the network marketing division and public entity.