[Source: General Motors]
Mascoma Names GM Executive to Scientific Advisory Board
BOSTON, MA - September 19, 2008 – Dr. Andreas M. Lippert, director of Global Energy Systems for General Motors Corporation, will join Mascoma Corporation's Scientific Advisory Board, expanding the automaker's involvement with Mascoma as it moves closer to commercial production of cellulosic fuels.
Mascoma Chairman and Chief Executive Officer Bruce A. Jamerson made the announcement Friday during a media tour of Mascoma's laboratories.
"We look forward to building our relationship with Andreas and tapping into his knowledge of the automotive and transportation fuels industries," Jamerson said. "He brings a new dimension of corporate experience to our scientific team. I am excited to be working with him."
"Dr. Lippert's insight and expertise will be very valuable in helping the Scientific Advisory Board guide Mascoma to make a greater impact on fueling America's vehicles, while the perspectives he gains should help GM take better advantage of advanced biofuels," noted Dr. Charles Wyman, Chairman of the Mascoma Scientific Advisory Board and Co-founder of the Company.
Dr. Lippert leads GM's strategic analysis and outlook on global energy developments and energy supply chains, and co-authored GM's recent foundational outlook on energy diversity for transportation.
He has authored more than 20 research papers, conference publications and reports. He received his bachelor's and master's degrees from the University of Pretoria, South Africa and holds a doctorate in mechanical engineering from the University of Wisconsin-Madison.
"With his background and his current responsibilities, Andreas is the best person we could have in working with Mascoma's Scientific Advisory Board," said Larry Burns, GM Vice President of Research and Development and Strategic Planning. "The market readiness of Mascoma's technology and the opportunity for scientific exchange are big factors in our partnership."
The Mascoma Corporation Scientific Advisory Board is comprised of technology leaders with in-depth knowledge of the composition and structure of cellulosic biomass, conversion of biomass to sugars using microorganisms, and the fermentation of these sugars, biomass processing and related industries.
The Scientific Advisory Board provides Mascoma with broad insight into important technical, business and engineering aspects of the technology and business of converting cellulosic biomass into biofuels and biomaterials, providing the management team with regular assessments of Mascoma's approach to technology discovery, development and deployment.
Mascoma Corporation is a leader in advanced, low-carbon biofuels and bio-materials technology based in Boston, Massachusetts. Using proprietary microorganisms and enzymes developed at the company's laboratories in Lebanon, New Hampshire, Mascoma is collaborating with research partners globally to identify, patent and deploy a new generation of microbes and low-cost processes for producing advanced cellulosic fuel technologies across a range of non-food feedstocks. Mascoma is developing demonstration and commercial scale production facilities in locations across the United States. It is currently operating its first demonstration-scale facility in Rome, NY. For more information, visit: www.mascoma.com.
General Motors Corp. (NYSE: GM), the world's largest automaker, has been the annual global industry sales leader for 77 years. Founded in 1908, GM today employs about 266,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 35 countries. In 2007, nearly 9.37 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn, Vauxhall and Wuling. GM's OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on GM can be found at www.gm.com.