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Thesis Chemistry Appoints Gary T. Saba as Senior Vice President – Corporate Development

Wednesday, 04 April 2012 11:08 AM

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Mentor, OH – Gary T. Saba, CE and MBA has joined Thesis Chemistry’s (THESIS) executive team as its Senior Vice President for Corporate Development.

Mr. Saba brings more than 25 years of experience in sales, marketing and business management roles with Air Products and Chemicals and Ricerca Biosciences, LLC. Most recently, Mr. Saba headed up a sales staff covering most of the eastern US as Sr. Regional Director – Business Development for Ricerca, and earlier managed the sales and development effort of Ricerca’s first active pharmaceutical ingredient. Previously, as Managing Director for Fluorine Specialty Products at Air Products, Mr. Saba led the commercialization of various fluorinating reagents, one of which has become a global industry standard. Mr. Saba earned a B.S. in engineering from Purdue University and an MBA in finance from the Krannert Management School at Purdue.

“Mr. Saba’s contributions to date have been invaluable in the continued commercialization efforts for our green technologies. His experience and expertise in both engineering and finance provide critical foundations to support both ongoing development opportunities and also the senior leadership team as we move forward,” said Chris Forslund, Chief Executive Officer.

Thesis Chemistry is a leader in developing innovative, green technologies for cost effective and environmentally responsible chemical manufacturing from sustainable forest and agricultural biomass. THESIS is currently in the process of commercializing its technology platform with the intent of becoming a world-renowned, green chemical company and producer of sustainable chemical products. Approximately 95% of all chemicals manufactured today are derived from petroleum. Since 2007, THESIS has invested in the development of cutting-edge, differentiating technologies that allow for the unprecedented transformation of lignocellulosic biomass into green chemicals that are identical to petroleum-based substances in all respects with the exception of a renewable, sustainable origin. Experts predict the green chemical industry is poised to witness vibrant growth under a bio-based economy as the world seeks to lessen its dependence on crude oil. This effort is expected to create numerous manufacturing and employment opportunities in communities harbouring a rich supply of biomass, while simultaneously lessening the world’s reliance on crude oil for chemical production.

For further information contact Mary Tso at (519) 620-1289 or [email protected].

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