Aurora Algae Appoints Paul Angelico as President and CEO

HAYWARD, Calif.--(BUSINESS WIRE)--Aurora Algae Inc., today announces the appointment of Paul Angelico as President and CEO, effective December 1, 2014.

"I am pleased to announce the return of Paul Angelico to Aurora Algae after previously serving as Chief Operating Officer from 2011 through 2013. Paul's leadership and industry savvy will be instrumental as Aurora moves to full commercialization"
"I am pleased to announce the return of Paul Angelico to Aurora Algae after previously serving as Chief Operating Officer from 2011 through 2013. Paul's leadership and industry savvy will be instrumental as Aurora moves to full commercialization," said Brian Hinman, Chairman of the Board.

Paul Angelico brings to the Company over 25 years of experience with hands on leadership, expertise, and successful results in startups, turnarounds and growing existing businesses in biotechnology, specialty chemicals and consumer goods enterprises. Prior to joining Aurora Algae, Paul was the Principal at The Dover Group, a management consulting firm. Paul was a founder and President at Twin Rivers Technologies where he was instrumental in the growth of the company to $350 million in revenues through increased manufacturing capacity, developing new technologies and processes, and growing top-line revenues. Paul began his career at The Procter and Gamble Company where he was responsible for Operations and Plant Engineering prior to his promotion to Plant Manager. Paul holds a BS in Mechanical Engineering from Worcester Polytechnic Institute.

"Paul's signature operational excellence will assure the delivery of our products to the marketplace on time, with superior quality and profitability," noted Dr. Bertrand Vick, company co-founder and Chief Technology Officer. "I am excited to be working with Paul again."

About Aurora Algae

Aurora Algae is a producer of high-performance, premium algae-based products for the functional food and beverage, dietary supplement, and pharmaceutical markets. The Company has developed the industry's first commercial-scale photosynthetic platform for sustainable, algae-based product development. Aurora Algae's proprietary algae strains and production system uses marginal land, seawater and captured carbon pollution from industrial emitters, resulting in more capitally efficient and more environmentally sustainable algae farming, harvesting and processing. Aurora Algae enables its customers and partners to improve the diversity and sustainability of their product portfolios, while addressing consumer demand for natural products. For more information, please visit www.aurorainc.com.

Contacts

Aurora Algae Inc.
Jim Astwood, 510-266-5057
[email protected]