Peter Cimmet Joins Arysta LifeScience As Head Of Business Development

TOKYO, April 21 /PRNewswire/ -- Arysta LifeScience Corporation announced today that Peter Cimmet has joined its executive team as head of Business Development. Cimmet will focus on expanding Arysta’s business globally through strategic acquisitions in its core businesses of crop protection and life science. In this new role, Cimmet will work closely with President and CEO Dr. Christopher Richards and Tatsumi Ikeda, Arysta’s global head of Acquisitions & Licensing. Cimmet will be based in the company’s San Francisco office.

“Strategic acquisitions are an important part of our growth strategy and Pete’s breadth of mergers and acquisitions experience across a number of industries will be a key asset for Arysta LifeScience,” said Richards. “We are excited to have him as part of the team.”

Cimmet comes to Arysta LifeScience from Goldman, Sachs & Co. where he was a vice president in the Technology, Media and Telecommunications Group, based in San Francisco. He has more than 11 years of investment banking experience and spent the past five years as a senior member of the Goldman Sachs mergers and acquisitions team covering the technology industry. Cimmet holds a Masters in Business Administration from the Amos Tuck School at Dartmouth College and a B.S. from Rochester Institute of Technology.

Headquartered in Tokyo, Japan, Arysta LifeScience is an entrepreneurial provider of crop protection and life science products in more than 60 countries worldwide. Arysta LifeScience is the largest privately-held company in the agricultural chemicals industry with revenues of approximately US$1 billion in 2004. The company is growing by building a world-class business in the development, marketing and distribution of respected crop protection brands and an intimate understanding of the needs of global producers. For further information about Arysta LifeScience Corporation, please see: http://www.arystalifescience.com/

Arysta LifeScience Corporation

CONTACT: Donna Uchida, Global Communications of Arysta LifeScienceCorporation, +1-415-536-3465 or duchida@arvesta.com

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