News | October 24, 2006

Cereplast Expands Marketing Team

Company Responds to Increased Interest in Alternative Plastics

Hawthorne, CA - In response to escalating demand for its proprietary bio-based resins, Cereplast, Inc., announces the expansion of the company's sales and marketing division. The growth of the marketing department follows the continuing expansion of the company's manufacturing capacity.

Michael Muchin has been hired as Vice President Sales and head of the sales and marketing division. Muchin joins Cereplast from Scapa Medical, a global manufacturer of specialty thermoplastic films and adhesive coated products. At Cereplast, Muchin will oversee the Company's large customer base of strategic partners, converters and end users to further promote the sale of Cereplast resins. Muchin will be based at the company's Hawthorne, California, headquarters.

Robert Dobbs joins Cereplast as Vice President of Sales in charge of Product Application. Prior to joining Cereplast, Dobbs was Packaging Project Manager with PERSECO and previously worked as Manager of Package Engineering for YUM Brands. Leading this new division, Mr. Dobbs will be the liaison with the broader restaurant industry, including the Quick Service Restaurant sector and will be responsible for expanding the existing network of converters to make products that satisfy the needs of the restaurant industry. He is also tasked with developing a new network of converters to expand Cereplast's range of applications, including applications in personal care, health, hardware, and grocery. Dobbs will be based in Nashville, Tennessee.

Finally, Matthew Penrose, Regional Director of Business Development Foodservice who has been with the company for four years, will continue his successful efforts in developing composting programs across the country and promoting the use of end-products made with Cereplast's bio-based resins. Penrose will continue to work out of Cereplast's New York sales office.

With a new production line nearing completion, the company is currently on track to become the second largest producer of bio-based resins in the country. The new line will bring the company's total production capacity to 40 million pounds of resin per year. Frederic Scheer, the company's CEO, said, "The newly created sales and marketing division will allow Cereplast to effectively respond to the developing and rapidly growing markets for our bio-based resins, while maintaining our leading presence in our current market sectors. I am gratified to have Mike, Robert and Matthew's expertise as we expand the reach of our alternative resins."

SOURCE: Cereplast, Inc.