MPD Chemicals Announces Carrington Smith as new CEO

Trevose, PA – February 12, 2014

MPD Holdings, LLC, d/b/a MPD Chemicals (“MPD”), is pleased to announce the appointment of Carrington D. Smith, Ph.D. as Chief Executive Officer, effective February 1, 2014.  Dr. Smith is also elected a member of the Board of Managers.

mpd-news-logo"We welcome Carrington’s experience and leadership to MPD," said Brian Miller,MPD Executive Chairman and Principal of Addison Capital Partners. "The Board is excited about the possibilities and is confident that under Carrington’s leadership, MPD will further its growth objectives and realization of the greater enterprise.” Board member and investor, Lodewijk de Vink added “Carrington’s results-oriented approach and ability to think strategically will play a pivotal role in extending MPD’s track record of innovation, while providing leadership and business development initiative to each operating unit.”

"I am quite pleased to join MPD and am eager to leverage the diverse capabilities of each business unit and to fully capitalize on new business opportunities, building on the demonstrated successes with our existing customers," said Dr. Smith.

Dr. Smith brings considerable and relevant industry experience to MPD having previously spent over 20 years at Air Products and Chemicals, Inc. in various positions throughout the organization. Dr. Smith has a demonstrated track record of leadership with visionary qualities and broad technology,business development and M&A- related expertise. Carrington earned a BS in Chemistry from Virginia Commonwealth University and a Ph.D. in Chemistry with a focus on polymer science from Virginia Tech.

About MPD Chemicals

MPD Chemicals is a US-based manufacturer of specialty chemicals with expertise in multiple technical areas including complex organic synthesis, unique monomers, polymer development, organosilicon chemistries and stable isotope labeling. The individual business units that comprise MPD are Monomer-Polymer and Dajac Labs, Silar and IsoSciences. The recent combination of these entities into a single organization allows for further development of novel materials and solutions for client application needs by leveraging the Company’s cross-disciplinary expertise and operational strength when internally scaling from milligram to metric ton batches. For more information please go to www.mpdchemicals.com.

About Addison Capital

Addison Capital is a private equity investment firm that seeks out partnerships with owners and operators of lower middle market growth companies to provide liquidity, growth capital and management resources to grow and build exceptional enterprises.

For more information please contact:

Carrington Smith
csmith@mpdchemicals.com
Phone (215) 364-1155 ext. 202

###

Subsidiaries

Silar Laboratories

300 N. 3rd Street, Suite 120,
Wilmington, NC 28401

Email:
info@silar.com
Tel: (910) 762-5800
Fax: (910) 228-5033
www.silar.com

Monomer-Polymer & Dajac

4667 Somerton Road
Trevose, PA 19053, USA

Email:
info@monomerpolymer.com
Tel: (215) 364-1155
Fax: (215) 364-1583
www.monomerpolymer.com

IsoSciences

1017 W 9th Ave
King of Prussia, PA 19406, USA

Email:
info@isosciences.com
Tel: (610) 337-3762
Fax: (610) 337-3782
www.isosciences.com

CORPORATE HEADQUARTERS

4667 Somerton Road. Trevose, PA 19053, USA
Email: info@mpdchemicals.com Tel: (215) 364-1155 Fax: (215) 364-1583 www.mpdchemicals.com

Global Distributors

Japan
Hydrus

Kurihara Building, 2-12
Uchikanda 3-chome, Chiyodaku
Tokyo 101-0047 Japan.

Email:
info@hydrus.co.jp
Tel: 03-3258-5031
Fax: 03-3258-6535
www.hydrus.co.jp

Australia
PM Separations

PO Box 498
Capalaba DC, Australia.

Email:
info@pmsep.com.au
Tel: +61 7 3390 1096
Fax: +61 7 3390 1370
www.pmsep.com.au

UK
QMX Labs

Bolford Street, Thaxted
Essex, CM6 2PY, UK.

Email:
sales@qmx.com
Tel: +44 (0)1371 831611
Fax: +44 (0)1371 831622
www.qmx.com