Storey Joins Valent BioSciences Corporation as Global Business Manager, Ag Microbials

  Storey Joins Valent BioSciences Corporation as Global Business Manager, Ag
  Microbials

Business Wire

LIBERTYVILLE, Ill. -- June 19, 2013

Valent BioSciences Corporation (VBC) announced that Roger Storey has joined
the company as global business manager of VBC’s Agricultural (Ag) Microbial
business unit. In his new role, Storey will assume leadership for the
company’s global Ag Microbial Business, featuring the biorational insecticide
brands DiPel^® and XenTari^®, as well as other products within the Microbials
portfolio.

VBC is the leader in developing and commercializing biorational products in 95
countries around the world. Biorationals are products typically derived from
biological origins (natural or synthesized) that are highly specific in their
activity while providing economic, health, and/or environmental benefits.
These products include microbial insecticides, fungicides and nematicides, as
well as plant growth regulators used in seed treatment, production
agriculture, postharvest and management of stress in crops.

Roger will report to Salman Mir, Vice President, Global Marketing and Business
Management. According to Mir, “I am excited to have Roger join VBC’s Business
Management Team. The Ag Microbials business has been a cornerstone of VBC’s
success and we see future growth in the business based on the expanding role
of biorational products in highly productive, sustainable agriculture. Roger’s
expertise and demonstrated success in developing and implementing growth
strategies comes at a time when VBC is bringing a $150M dedicated biorational
manufacturing plant online in 2014.”

Prior to this role at VBC, Roger has served in numerous leadership capacities
within the areas of business management, strategic planning, business
development and international marketing/sales functions, focusing on specialty
agriculture in high value markets.Rogerearned his BS degree inRenewable
Natural Resources from the University of Arizona in Tucson.

“I am excited to be joining VBC and look forward to contributing to the growth
opportunities for the current products in the Microbial commercial portfolio,
as well as the exciting new pipeline products that are on the horizon,” Storey
said. “As the global leader in biorational products, VBC has done an excellent
job of creating demand and expanding the scope of use of these products. The
company’s rapid growth is a testament to the science behind the development
and use of these products, and its commitment to meeting the needs of its
customers around the world with the highest quality products. The new facility
at Osage is a continuation of this quality commitment.”

Storey will be headquartered in the Valent BioSciences offices in
Libertyville, IL.

About Valent BioSciences Corporation

Headquartered in Libertyville, IL, Valent BioSciences is a subsidiary of
Tokyo-based Sumitomo Chemical Company. Valent BioSciences is the worldwide
leader in the development, manufacturing and commercialization of biorational
products, with sales in 95 countries around the world. Valent BioSciences is
an ISO 9001:2008 Certified Company. For additional information, visit the
company’s website at www.valentbiosciences.com.

About Sumitomo Chemical Company, Limited

Sumitomo Chemical Company is one of Japan’s leading chemical companies,
offering a diverse range of products globally in the fields of basic
chemicals, petrochemicals, IT-related chemicals and materials, health and crop
science products, and pharmaceuticals. For additional information, visit the
company’s website at www.sumitomo-chem.co.jp/english/.

Contact:

Media Contact:
Valent BioSciences Corporation
Rick Melnick,847-968-4750
rick.melnick@valentbiosciences.com