Multisorb Technologies Strengthens Leadership To Support Company’s Growth In The Healthcare Packaging Market

Buffalo, NY, Feb. 26, 2008 - Multisorb today announced that it has strengthened its leadership in the company’s important healthcare packaging market with a key promotion. Adrian T. Possumato has been appointed to global director, healthcare packaging. Working with a team of business development leaders, Possumato will be responsible for developing and managing Multisorb’s global healthcare portfolio, which includes pharmaceutical, diagnostics, dietary supplement and medical device market segments.

With Multisorb’s rapid expansion in the global healthcare market, which includes the company’s industry leading technology, products and services, it is critical that we have strong leadership to assure that the market and customer requirements are met,” said James V. Renda, executive vice president & COO, Multisorb Technologies. “Over a span of eleven years, Adrian’s technical expertise, in-depth industry knowledge and strong business development skills have helped Multisorb grow its pharmaceutical business at an unprecedented rate. His proven track record and deep understanding of our business makes Adrian uniquely suited to drive our efforts in the broader healthcare marketplace,” he adds.

Possumato has more than seventeen years of experience in the pharmaceutical and healthcare markets. Prior to his recent appointment, Possumato served as the global manager of Multisorb’s pharmaceutical market where he was responsible for guiding the company’s pharmaceutical business planning and implementation.

Based on his knowledge of varied healthcare application needs, drug degradation mechanisms, packaging systems, analytical chemistry and formulation chemistry, Possumato advises his customers on the use of sorbent technology. He brings years of consultative experience to help customers stabilize their drug formulations and maintain the efficacy of their healthcare devices.

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Multisorb Technologies has been an innovator in sorbent technology for over 45 years. Founded in 1961 by John S. Cullen to protect products against the damaging effects of moisture, today Multisorb is the world leader in the development and production of active packaging components.

Multisorb’s corporate offices are located at 325 Harlem Road, Buffalo, NY 14224-1893 USA. In North America, for more information contact: 1-888-SORBENT (767-2368), International inquiries please call: +1 716-824-8900; Fax: +1 716-824-4128; E-mail: [email protected].

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