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Vertellus Appoints New Business Unit President

Indianapolis, IN – July 29, 2011 – Vertellus, a leading specialty chemicals company, today announced that Bentley Park has been appointed president of the Vertellus Agriculture and Nutrition business effective July 1, 2011. Mr. Park will replace John Craun who was serving as the president of the agriculture and nutrition business. Mr. Craun will work on a number of business development and sourcing projects until his scheduled retirement at the end of 2012.

Mr. Park most recently served as Senior Vice President and General Manager of the Commercial division of Mohawk Industries where he provided strategic direction for the Commercial business. He also directly lead the commercial sales organization and worked closely with the product management, product development, marketing and operations teams to execute the commercial business plan. Prior to joining Mohawk, Bentley led Universal Fibers as President and CEO where he was responsible for global expansion into Asian, European and Australian markets with increased sales annually. Mr. Park obtained his MBA from Duke University in 1991 and a BS in Chemical Engineering from North Carolina State University. His early career spans over 20 years within the materials businesses at Honeywell and Allied Signal.

Vertellus President and CEO Rich Preziotti stated, “We are pleased to announce the addition of Bentley Park to the Vertellus team. His leadership and background in the chemicals industry, combined with his global management experience, will make a solid addition to our executive leadership team. “