MBA Ploymers Inc. selected as the most promising presenter of Cleantech Venture Forum VI

MBA Polymers Inc. Chosen as the Most Promising Investment Prospect at the Industry’s Premier International Clean Technology Venture and Networking Event

• Howell, MI – April 4, 2005 – At Cleantech Venture Forum VI, the premier networking and dealflow venue for the clean technology community, MBA Polymers Inc. was selected as the recipient of the Forum’s “Most Promising Presenter Award.” The honor is given to the company that represents the greatest venture investment opportunity at the Forum - as voted by more than 400 Forum attendees in San Francisco, March 22-24.
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• “As we look towards the next Forum in Paris, May 17-19th, the Cleantech Venture Forum
• continues to draw the finest cleantech entrepreneurs. The quality of the presenting companies this year in San Francisco set a new standard,” said Nick Parker, co-founder and chairman of Cleantech Venture Network. “The attendees of Cleantech Venture Forum VI selected MBA Polymers Inc. as the event’s top presenter from an exceptional collection of companies. On behalf of the Cleantech Venture Network LLC and all of our Forum attendees, we congratulate MBA Polymers Inc. on their selection and wish them future success.”
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• “Since it’s founding three years ago the Cleantech Venture Forum has undergone tremendous growth, specifically in the quality of private and public investors and in venture investor attendance, as the interest level and capital flowing into the cleantech space has grown exponentially,” said Dr. Mike Biddle, CEO and co-founder, MBA Polymers, Inc. “This award is a great tribute and I’m pleased to accept it on behalf of MBA Polymers and all of our employees, partners and investors. The timing of this honor could not be better for our company as we are in the midst of an ambitious and rapid international expansion and we are aggressively seeking partners that can help us capitalize on the tremendous international market opportunity before us.”
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• About MBA Polymers, Inc.
• MBA has its headquarters in Richmond, California, USA, where it carries out R&D and operates a large state-of-the-art pilot pla stics recycling facility. MBA has developed its technology and this business over the last eleven years and is considered a world leader at the recycling of plastics from end-of-life durable products. In 2002, MBA won the 2002 Edison award for Innovation and was identified as one of America’s Most Innovative companies by Inc. magazine. In early 2004 MBA launched a majority-owned JV in China with Guangzhou Iron and Steel Enterprises. That JV has a 40,000-ton per year plant under construction in Guangzhou, China, which is expected to begin operation in mid-2005. In late 2004 MBA launched a majority-owned JV in Europe with Mueller-Guttenbrunn. The EU JV has a 40,000-ton per year plant under construction in Kematen, Austria, which is expected to open in December 2005. For more information, visit www.mbapolymers.com or call Dr. Michael Biddle, 510-231-9031, ext. 101.
• About the Cleantech Venture Network, LLC
• The Cleantech Venture Network LLC is an organization that connects venture, corporate and institutional investors with "clean technology" entrepreneurs, through related information
• products, online services and the Cleantech Venture Forum series of events. We serve over 600 affiliate investor member firms worldwide. We have tracked more than $3.6 billion invested in cleantech ventures since 2002, of which nearly $275 million has been raised by Forum-presenting companies. Further information can be found at www.cleantech.com or by calling (+1) 517-223-9607.
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• Cleantech Venture Network invites companies and investors engaged in commercializing or
• investing in clean technologies to apply for membership as a Company or Investor. Companies should contact Lauren Bigelow at lauren@cleantech.com and investors should contact Cheryl Blain at cheryl@cleantech.com.