Press Release

Paul Maass, President of Commercial Foods for ConAgra Foods, Joins Aurora Algae Board of Directors

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Tuesday, March 13th, 2012

HAYWARD, Calif.—March 13, 2012— Aurora Algae today announced Paul Maass, president of Commercial Foods for ConAgra Foods, has joined the Aurora Algae Board of Directors.

“We are honored and proud to have Paul Maass join our Board,” said Greg Bafalis, president and CEO of Aurora Algae. “His background and extensive experience in commercial foods will be very valuable as we continue to execute our plans for full-scale commercialization of the industry’s first photosynthetic algae-based platform.”

“Aurora Algae has designed an extremely innovative platform for sustainable, large scale production of food, fuel, and nutrition,” said Mr. Maass. “I’m impressed by what they have accomplished so far, and very excited to be participating in the current ramp-up to commercial production.”

Mr. Maass was named president of the Commercial Foods business for ConAgra Foods in 2010. The Commercial Foods segment accounts for about 35 percent of ConAgra Foods’ revenue and includes the Lamb Weston, ConAgra Mills, Spicetec Flavors & Seasonings and J.M. Swank businesses.

Paul joined ConAgra Foods in 1988 as a commodity merchandiser in the trading business. He quickly progressed in several roles at the company and, in 2003, was named president and general manager of ConAgra Mills. He assumed responsibility for J.M. Swank in 2007 and for Spicetec Flavors & Seasonings in 2010.

He earned a Bachelor of Science degree in Agricultural Business from Iowa State University. He provides industry leadership as Chairman of North American Millers’ Association and Grain Food Foundation’s board of directors. He also serves on Nebraska’s March of Dimes board of directors.

About Aurora Algae
Aurora Algae is a producer of high-performance, premium algae-based products for the pharmaceutical, nutrition, aquaculture and fuels markets. The Company has developed the industry’s first commercial-scale photosynthetic platform for sustainable, algae-based product development. Aurora Algae’s proprietary algae strains and production process uses arid land, seawater and captured carbon pollution from industrial emitters, resulting in more capitally efficient and more environmentally sustainable algae farming. Aurora Algae enables its customers and partners to improve the diversity and sustainability of their product portfolios, while addressing consumer demand for natural products. For more information, please visit www.aurorainc.com.


Media Contact: pr@aurorainc.com