Acucela Inc. Strengthens Executive Team With Appointment Of Chief Financial Officer

SEATTLE--(BUSINESS WIRE)--June 14, 2006--Dr. Ryo Kubota, Chairman, President & Chief Executive Officer announced today the appointment of Michael J. Doty as Chief Financial Officer of Acucela Inc. Mr. Doty will be responsible for the financial and selected operational affairs of Acucela. Mr. Doty’s breadth of experience -- from strategic planning to information systems; from mergers and acquisitions to investor relations -- emanates from a financial management career with companies across a range of sectors, including technology and health care.

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