New Leadership For Innovative Plastics Leader

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September 20, 2005

New Leadership For Innovative Plastics Leader

Seattle, WA, USA--(Jobwerx News)--Former head of Emhart Teknologies, Glenn Decker, appointed President and CEO of Cyclics Corporation a manufacturer of innovative plastics.

Cyclics Corporation announced that Glenn J. Decker has joined the company as President and Chief Executive Officer. Decker will lead Cyclics through the next phases of the company’s growth. Areas of focus include driving a commercially-focused corporate culture, expanding leading edge product and application development, and supporting manufacturing growth consistent with the high demand for CBT® resin. Previously, Decker served as President of the Industrial Division of Emhart Teknologies, a subsidiary of Black & Decker Corporation.

“The rapid growth the company expects in the coming months and years dictates the need for seasoned leadership to move the company forward,” said Ted Eveleth, Executive Chairman of Cyclics Corporation. “The executive experience that Glenn brings to the team will enhance and speed that growth.”

“Growing our business at a rapid pace requires the focused efforts of an accomplished team driving marketing & sales, R&D, manufacturing, and investment management,” said Mr. Decker. “I’m fortunate Cyclics already has a great team in place to support the development of their unique technology.”

“Glenn brings years of valuable strategic marketing, manufacturing and international experience in managing technology-based industrial businesses to complement Cyclics as we commercialize CBT® resin and grow our business,” added John Akitt a member of the Cyclics Board of Directors and former COO of Exxon Chemical.

Glenn Decker to Lead Cyclics as President and CEO *

Decker holds bachelors degrees from St. Louis University in mathematics and chemistry and from Washington University in chemical engineering and earned a Master of Management in marketing and finance from Northwestern University's Kellogg Graduate School of Management. Ted Eveleth will continue to lead the company’s efforts in investment management and finance as Chairman. John Ciovacco will continue to lead the global business development effort. Ciovacco led the five member team that purchased 48 patents from GE Plastics to found Cyclics in 1999.

* Photo courtesy of Cyclics Corporation.

Cyclics Corporation, headquartered in Schenectady, New York, U.S.A., and its wholly owned subsidiary, Cyclics Europe GmbH based in Schwarzheide, Germany, manufacture innovative plastics that offer breakthroughs in processing to make new products possible, and change the economics of existing ones. The water-like processing viscosities of Cyclics’ engineering thermoplastic products offer improvements in performance and productivity for structural composites, compounding, casting, nanocomposites, coatings and rotational moulding. Cyclics has alliances with Ahlstrom Glassfibre Oy, Alcan Composites, BASF, Davy Process Technology, Dow Automotive, and The P Group.

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