Timothy McCarthy Joins Materia as Vice President, Marketing and Sales

Materia, Inc. announced today the appointment of Timothy McCarthy as Vice President, Marketing and Sales.

PASADENA, CA––(Marketwire – May 12, 2009) – Materia, Inc. announced today the appointment of Timothy McCarthy as Vice President, Marketing and Sales. Tim will be responsible for the commercial development of Materia’s proprietary Poly-DCPD resin business.

Mr. McCarthy formerly was the VP of Sales and Marketing for the Zoltek Corporation, where he was instrumental in the company pioneering the use of carbon fiber in industrial applications, especially for the construction of next-generation wind turbine blades. Additionally he secured several high-value development agreements in the areas of automotive, offshore oil & gas, and infrastructure.

“We believe Tim’s experience, particularly in the area of wind energy, will add tremendous value to Materia’s current commercial efforts,” stated Michael A. Giardello, Ph.D., Materia’s CEO. “He has extensive market knowledge and contacts in the industry segments Materia is targeting for commercial development.”

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. Metathesis has been accepted as an emerging “green technology” platform and has been broadly adopted by the pharmaceutical, chemical, and polymer industries. 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, visit www.materia-inc.com.


For more information please contact:

John Kibler
Director, Corporate Development
Materia, Inc.
(626) 584-8400