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American Pacific Announces Executive Change
Date:9/17/2009

business, in 2004, and into fine chemicals, e.g. active pharmaceutical ingredients, in 2005. During his tenure corporate revenues have increased dramatically, particularly from exports and international operations.

"Joe Carleone is uniquely qualified to lead our company," commented Mr. Gibson. "He has operating and executive experience both in fine chemicals and in aerospace. The company's future is in good hands. Joe will, I'm sure, continue aggressively to pursue our current objectives, including growth and diversification."

Dr. Carleone's responsibility will be President and Chief Executive Officer. Mr. Gibson will continue to serve AMPAC as the non-executive Chairman of the Board of Directors.

ABOUT AMERICAN PACIFIC CORPORATION

American Pacific Corporation (AMPAC) is a leading custom manufacturer of fine chemicals, specialty chemicals and propulsion products within its focused markets. We supply active pharmaceutical ingredients and advanced intermediates to the pharmaceutical industry. For the aerospace and defense industry we provide specialty chemicals used in solid rocket motors for space launch and military missiles. AMPAC also designs and manufactures liquid propulsion systems, valves and structures for space and missile defense applications. We produce clean agent chemicals for the fire protection industry, as well as electro-chemical equipment for the water treatment industry. Our products are designed to meet customer specifications and often must meet certain governmental and regulatory approvals. As of August 31, 2009, AMPAC employed approximately 562 employees in nine locations, including in-space propulsion in Westcott and Cheltenham, U.K. and Dublin, Ireland. In the U.S., AMPAC has a companion in-space propulsion facility in Niagara Falls, New York, with a marketing office in Chatsworth, California. Fine chemicals are produced in Rancho Cordo
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SOURCE American Pacific Corporation
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