Materia Named as One of “California’s Best Places to Work” for 2007

Materia, Inc., a catalyst technology company, has been ranked 5th place in the growing company-size category of California’s Best Places to Work program.

PASADENA, CA. – February 28, 2008. Materia, Inc., a catalyst technology company, has been ranked 5th place in the growing company-size category of California’s Best Places to Work program. This first-ever best workplace program exclusively for California employers was sponsored by Employers Group, the preeminent human resources expert and advocate serving California employers.

“Materia is pleased to receive public recognition as one of California’s best places to work. We place a high value on our employees in regards to our ability to be successful in achieving our company objectives,” stated Dr. Michael Giardello, Materia’s Chief Executive Officer. “Consequently, we strive to provide our team members with an enabling work environment and a compensation package reflective of their contributions to our efforts.”

Materia’s ranking was based on the blind scoring of more than 400 companies’ responses to a survey of employers and employees in nine categories, including: work-life balance, pay, benefits, training and advancement opportunities, diversity programs, turnover, perks, employee voice and workplace culture, and community involvement. Five winners were selected from each of four company-size categories: growing (25 to 49 employees), small (50 to 99 employees), medium (100-499 employees) and large (500+ employees).

“Materia has distinguished itself as a champion for leading edge employee benefits and best HR practices, and in doing so, has raised the bar for employers everywhere,” said Mark Wilbur, President and CEO of Employers Group.

About Materia

Materia was founded in 1998 to commercialize olefin metathesis catalyst technology. This market-enabling, Nobel Prize winning, green chemical technology enables chemical compounds to be synthesized with greater efficiency, under less stringent reaction conditions, and with reduced byproducts and hazardous waste. As stated by the Royal Swedish Academy of Sciences when awarding the 2005 Nobel Prize, “metathesis is an example of how important basic science has been applied for the benefit of man, society, and the environment.”

For more information on Materia please contact John Kibler, Director, Corporate Development at (626) 584-8400 or jkibler@materia-inc.com