Monson Companies, Inc. Partners with Solazyme, Inc. for Breakthrough Product Advancements in the Lubricants and Metal Working Fluids Business Business Wire STAMFORD, Conn. -- January 14, 2014 KODA Distribution Group and Solazyme, Inc. (NASDAQ: SZYM), a renewable oil and bioproducts company, announced today they have entered into a distribution partnership in the lubricants and metal working fluids industry. Solazyme’s Renewable™ Tailored™ High Oleic Algal Oil will be represented in the US and Canada by Monson Companies, Inc., a KODA Distribution Group Company and leader in the industry. The partnership will provide customers with access to the latest and most innovative oil available supported by Monson’s technical knowledge and dedicated laboratories for formulation and application assistance. Monson Companies is a leader in the lubricant & metal working fluids market, and according to Steve Barney, President of Monson Companies, “We have been looking for the right replacement product for quite some time.Our customers depend on us and require products that meet the changing industry and government demands." *Solazyme’s Renewable Tailored High Oleic Algal Oil delivers the key high performance benefits of both natural oils and synthetic oils, including enhanced lubricity, excellent viscosity, high flash point, low toxicity, improved stability and predictable performance. “Our goal is to accelerate the development and commercialization of products formulated with Solazyme’s Tailored High Oleic Algal Oil,” stated Frank Bergonzi, CEO and President of KODA Distribution Group (KDG). He went on to emphasize, "KDG is specialty focused and technically driven. We feel that Solazyme’s unique product complements our portfolio and breadth of specialties. It delivers exactly what we need - a bio based, algae-produced oil that we believe outperforms the traditional petroleum based products in lubricants and metal working fluids. This is a win/win for the industry, our customers and the environment.” “Solazyme strives to collaborate with premier leaders across the value chain and Koda is an industry leader and valuable extension of our organization in the metal working fluids and lubricants business,” said Rob Evans Vice President, Sales, Solazyme. “Koda’s technical sales force is uniquely positioned to develop and deploy superior products based on our Tailored High Oleic Algal Oil and we’re excited to be partnered with a company with a great reputation.” ABOUT KODA DISTRIBUTION GROUP Headquartered in Stamford, CT, KODA Distribution Group is a leader in specialty chemical distribution, serving customers in CASE as well as Specialty Agricultural (ADAPCO and Red River Specialties), plastics, construction, CARE, lubrication, metalworking, ink and urethanes markets. It is comprised of seven regional companies servicing those markets in the United States: Ribelin Sales, Inc. in the Southwest and Southeast; GMZ in the Ohio Valley/Midwest; P.T. Hutchins in the West; E.W. Kaufmann in the Northeast/Mid-Atlantic as well as: Monson Companies, ADAPCO and Red River Specialties. All seven companies share similar approaches to their respective markets: deep technical expertise and market knowledge; a service platform that includes marketing and product management; a network of technical labs to support customers; a focus on customer intimacy and an absolute devotion to customer service. For more information, please contact Terry Mullin, Marketing Coordinator, at firstname.lastname@example.org or at 203.883.1477. www.kodadistribution.com. About Solazyme Solazyme, Inc.(SZYM) is a Renewable™ oil and bioproducts company that transforms a range of low-cost plant-based sugars into high-value Tailored™ oils and innovative microalgal food ingredients. Headquartered inSouth San Francisco, Solazyme's Renewable™ Tailored™oils can replace or enhance oils derived from the world's three existing sources — petroleum, plants and animal fats. Solazyme^®, Tailored™ and Renewable™ are trademarks of Solazyme, Inc. This press release contains certain forward-looking statements about Solazyme, including statements that involve risks and uncertainties concerning: its development and commercialization plans; the anticipated demand for its products; the attributes and performance of its products and uses therefor. When used in this press release, the words “will”, "expects", "intends" and other similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements. Any such statement may be influenced by a variety of factors, many of which are beyond the control of Solazyme, that could cause actual outcomes and results to be materially different from those projected, described, expressed or implied in this press release due to a number of risks and uncertainties. Potential risks and uncertainties include, among others: implementation risk in deploying new technologies; Solazyme's limited history in commercializing products; the success of Solazyme products in targeted applications and markets; market acceptance of its products; its ability to obtain requisite regulatory approvals; and its ability to enter into and maintain strategic collaborations. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of Solazyme. In addition, please refer to the documents that Solazyme files with the Securities and Exchange Commission, including its Quarterly Reports on Form 10-Q, for a discussion of these and other risks. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. Solazyme is not under any duty to update any of the information in this press release. Contact: KODA Distribution Group Terry Mullin, 203-883-1477 Marketing Coordinator email@example.com www.kodadistribution.com
Monson Companies, Inc. Partners with Solazyme, Inc. for Breakthrough Product Advancements in the Lubricants and Metal Working
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