Synthetech Announces Appointment of Dr. Gregory R. Hahn as President and Chief Executi... ( ALBANY Ore. June 9 /- Synthetech ...)

Synthetech Announces Appointment of Dr. Gregory R. Hahn as President and Chief Executive Officer

Date:6/9/2008

ALBANY, Ore., June 9 /PRNewswire-FirstCall/ -- Synthetech, Inc. (OTC Bulletin Board: NZYM) today announced that on July 1, 2008 Dr. Gregory R. Hahn will become Synthetech's President and Chief Executive Officer. Since September 2006, Dr. Hahn has served as Synthetech's President and Chief Operating Officer. Dr. Hahn will replace as Chief Executive Officer Dr. Daniel T. Fagan, who will continue as Synthetech's Chairman of the Board. Synthetech intends to leave vacant for the foreseeable future the position of Chief Operating Officer.

Dr. Hahn, who has over 22 years' of experience in the fine chemicals and pharmaceutical manufacturing industries, was hired by Synthetech in 2006 to play a key role in the company's turnaround. Immediately prior to joining Synthetech, Dr. Hahn worked for the FMC Corporation as the Organics Global Business Director for its Lithium Division, based in Charlotte, North Carolina. His experience previous to FMC was as Vice President, Sales, at Sigma Aldrich Fine Chemicals, St. Louis, Missouri, and as Marketing and Development Manager at Koch Chemical Company, Corpus Christi, Texas. Dr. Hahn received his Bachelor of Science in Chemistry from Pacific Lutheran University, Tacoma, Washington, and his PhD in Organic Chemistry from the University of California, Davis.

"We are excited that Greg will be serving as Synthetech's CEO, and see this role as a natural fit with his strong leadership, strategic and operational abilities and experience," stated Dr. Fagan. "In his time with Synthetech, he has made significant contributions in growing sales, implementing improved procedures and training programs, and moving us toward our goal of sustained profitability."

Dr. Hahn stated that he "looks forward to his increased role in leading Synthetech's execution of its growth plan, and in leveraging the company's many existing strengths in an effort to maximize shareholder value." He added that "although Synthetech faces some challe
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