Management

GEORGE LISZICASZ

Mr. Liszicasz is the inventor of the SFD technology and has been our Chairman and Chief Executive Officer since inception. Mr. Liszicasz was appointed our interim President and interim Chief Financial Officer in July 2002. Mr. Liszicasz's primary responsibilities as the Chief Executive Officer, interim President and interim Chief Financial Officer, are to ensure the smooth running of the day-to-day operations and to further develop our SFD technology.

Prior to founding NXT, Mr. Liszicasz was Vice President of Susa Petroleum Inc. from 1993 to 1994. From 1987 to 1995, Mr. Liszicasz was President of Owl Industries Ltd., a developer of electronic controlling devices, where he had both engineering and business responsibilities. Mr. Liszicasz serves as a board member of each of our four subsidiaries; NXT Energy Canada, Inc., NXT Energy USA, Inc., NXT Aero Canada, Inc. and NXT Aero USA, Inc.

ANDREW STEEDMAN

Mr. Steedman is VP Operations of Energy Solutions Inc. Prior to joining NXT, Mr. Steedman was the President of his own management consulting firm. From 2001 to 2003 he was President and CEO of Wireless Networks and was responsible for the overall strategic direction of the company. From 1999 to 2001, he was Senior Manager of Business Development with Nortel Networks. In this role he was responsible for developing Nortel's unlicensed wireless strategy, identifying strategic partners, developing relationships with key customers and negotiating OEM agreements with key partners.

From 1994 to 1999, Mr. Steedman held various positions within Nortel including product management, project management, international business development and marketing. From 1991 to 1994, Mr. Steedman consulted in Bangkok to the Telephone Organization of Thailand (TOT). He was responsible for the construction of a network management center that would monitor the TOT's national network. Mr. Steedman holds a B.Sc. in Electrical Engineering and an MBA, both from the University of Calgary.

KEN ROGERS

Mr. Rogers joined NXT in January 2006 as Vice President of Finance. Mr. Rogers is a Chartered Accountant with over 25 years of financial and operational management experience. In 2005 Mr. Rogers provided contracted financial and regulatory reporting services to Enterra Energy Trust. Enterra is an income trust that trades on the NYSE and TSX.

From September 2003 to the end of 2004 Mr. Rogers was V.P. of Finance for Superior Propane. Superior Propane is the only national propane distributor in Canada with cash flows exceeding $100 million annually and 1,800 employees. Superior is the largest division of Superior Plus, an income trust that trades on the TSX. Responsibilities at Superior included supply and transportation plus all finance functions for the division.

From 2000 to 2003 he served as President and V.P. Finance for Foremost Industries. Foremost is a manufacturer of off-road vehicles and drilling rigs. During this period Foremost converted to a TSX trading mutual fund trust. From 1991 through 1999 he provided financial and business consulting services to government and private clients. From 1979 through 1991 he worked for Canadian Helicopters in various financial and operational capacities with the final position being V.P. and General Manager of their Repair and Overhaul division.

MURRAY CHRISTIE
Sr. Vice President & COO

Mr. Christie’s career includes over 15 years of geological modeling and geophysical survey experience providing leading edge technology solutions to international and domestic oil and gas clients. He offers a track record of impressive revenue growth derived from launching technologies to the oil and gas sector. His personal attributes include strong management, sales, and technical capabilities.

Mr. Christie’s previous roles include COO of Geomodeling Technology Corporation and Canadian President of Paradigm, a major international geosciences software and service provider. Mr. Christie holds a B.A. degree in economics.