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Contact: Jake Mortensen, 530-750-0150 x 114, jmortensen@agraquest.com
AgraQuest Inc. Hires Former Syngenta Executive to Head Global Marketing and Product Development Team
Ashish Malik to Oversee Strategy, Upcoming Product Launches and Global Market Expansion
DAVIS, Calif. (Apr. 30, 2008) – AgraQuest, Inc., a leading provider of effective and safe pest management products today announced that Ashish Malik has been hired as the Senior VP of Global Marketing. Malik joins the AgraQuest executive management team and will begin his new duties effective immediately.
Malik will oversee product development, regulatory and marketing functions for AgraQuest, focusing his efforts on creating and implementing efficient and effective strategies that bring value to its customers and builds brand portfolio value. This includes identifying and resourcing projects that have a strong fit in the market and high probability of success.
"AgraQuest is an exciting company," said Malik. "Fundamentally based in science, AgraQuest is an industry leader in developing effective products inspired by nature. As a unique and rapidly growing innovator within the industry, the opportunity to join AgraQuest was very enticing."
Malik comes to AgraQuest from Syngenta where he served as the Head of Commercial Operations for the home care division and the General Manager of the Professional Pest Management business unit. Prior to Syngenta, Malik worked for Imerys, where he was a Business Unit Director, and for BFGoodrich, where he served as a Market Manager.
"The addition of Ashish to the AgraQuest team solidifies our commitment to long-term success in the global agriculture market," said Mike Miille, CEO-COO of AgraQuest. "His proven ability to strategically grow business through successful new product development and effective brand management gives AgraQuest a strong foundation for us to build world-class marketing capabilities."
AgraQuest, known for its fungicides SERENADE®, SONATA®, and RHAPSODY®, recently launched its first bio-insecticide, BARITONE™. AgraQuest's broad pipeline of new products includes an insecticide with activity against sucking pests scheduled to launch by year's end, pending EPA approval.
Malik will be based out of AgraQuest's company headquarters in Davis, California.
About AgraQuest
AgraQuest is a biotechnology company that focuses on developing, manufacturing and marketing effective, safe and environmentally friendly natural pest management products for agricultural, institutional and home markets. The company sells SERENADE®, SERENADE® Garden, RHAPSODY®, SONATA® and BALLAD® fungicides and BARITONE™ insecticide in the U.S. market and around the world. AgraQuest received the Presidential Green Chemistry Award from the U.S. EPA for the discovery and commercialization of SERENADE. In 2004, AgraQuest received a Red Herring Top 100 Private Company Award and the World Technology Award for the Environment.
Certain matters contained in the press release concerning AgraQuest, Inc. are forward-looking statements which are subject to known and unknown risks and uncertainties which may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Such risks and uncertainties include, among others, the receipt of EPA and other regulatory approval of the Company’s products, the success of the Company’s products in field trials and the timely development, manufacture and marketing and acceptance of the Company’s products in the marketplace.