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Stoppert Named as President and CEO at Breakthrough Renewable Technology Firm Segetis, Inc
Date:9/3/2008

f the binary monomer technology, Segetis founder and Chief Scientific Officer. "Jim is a first class leader for helping us take the next step towards commercialization."

"The addition of Jim Stoppert as CEO signals that we are progressing from discovery to commercialization," added Olga Selifonova, co-founder of Segetis and Vice President of Corporate Development. "We are on the verge of producing breakthrough products that deliver the cost and performance required to compete with fossil-fuel–based materials."

About Segetis

Segetis is focused on commercializing a proprietary platform of binary monomers based on renewable feedstocks. As the first and only company to unlock the "binary code" of green chemistry, Segetis technology will deliver the cost and performance required to compete with fossil-fuel–based materials. Segetis strives to operate in a socially responsible manner as it pursues its mission of enabling industry to transform itself from dependence on fossil fuels to a more sustainable future. Segetis has been established in 2006 and began its accelerated growth in January of 2007 when the founders, Sergey Selifonov and Olga Selifonova, have secured Series A financing from Khosla Ventures.

For more information, please visit www.Segetis.com.

Read the full story at http://www.prweb.com/releases/segetis/stoppert/prweb1282154.htm


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