AgION Technologies Appoints Stuart R. Patterson as Chief Executive Officer; New leadership will capitalize on the company's momentum and accelerate adoption of company's innovative, silver-based, antimicrobial technology.

WAKEFIELD, Mass. -- AgION Technologies, Inc. (AgION), a leading provider of engineered antimicrobial solutions, today announced that Stuart R. Patterson has joined the company as Chief Executive Officer and Director. Building on a year of significant market growth and record company sales, Mr. Patterson will be responsible for leading AgION's expansion in target markets including food and water, textiles, construction, consumer products and healthcare.

"We are delighted to have Stu on board to lead AgION into what is sure to be a successful future," said Dr. Alf L. Andreassen, Chairman of AgION Technologies' Board of Directors and Managing Director of the Paladin Capital Group. "Stu has been leading innovative companies for over 20 years. He brings a remarkable ability to market and grow transformational technologies. With the company's recent momentum and Stu's proven skills, AgION will become a household name for built-in, silver-based antimicrobials that protect products and are safe for both users and the environment."

Before joining AgION, Mr. Patterson was President of Patterson Leadership Consulting, LLC, a provider of strategic consulting services to private equity funds and their portfolio CEOs. Previously, he was President of ScanSoft, now Nuance (Nasdaq: NUAN), the leading provider of speech and imaging solutions for businesses and consumers. Prior to ScanSoft, he was President and CEO of SpeechWorks International, where he led their growth into a highly respected market leader, successful IPO in 2000, and eventual merger with ScanSoft. Mr. Patterson also served as Vice President at Voxware, Inc. (Nasdaq: VOXW) and was co-founder and CEO of Vicorp Interactive Systems. Mr. Patterson started his career in Europe at France Telecom and Hewlett Packard.

"AgION provides a disruptive technology that can differentiate our partners' products in a novel way while simultaneously enhancing their users' experience and benefiting their brand," stated Mr. Patterson, newly appointed CEO of AgION. "I am thrilled to be part of the leading company in this high-growth, worldwide market for antimicrobial solutions that augment a variety of products and reduce human exposure to dangerous bacteria and viruses."

Currently, Mr. Patterson is Chairman of the Board of Courion, Inc. and also serves on the Board of the Dimock Community Health Center in Roxbury, Mass. Previously, he has served on several other Boards for companies including ScanSoft, SpeechWorks and BBG New Media. Mr. Patterson received a Bachelor of Arts from Harvard University and an M.B.A. from the Yale School of Management.

About AgION Technologies

AgION Technologies, located in Wakefield, Massachusetts, is a leader in providing engineered antimicrobial solutions based on ionic silver that continuously inhibit the growth of bacteria, mold and fungus on a broad range of industrial, consumer and medical products. The company's product SilverClene24, a disinfectant and virucide, has been proven effective against a variety of bacteria as well as viruses including HIV-1, Rhinovirus, Influenza, and Poliovirus. Since the company's founding in 1997, AgION Technologies has raised more than $45 million from private investors, private equity funds and strategic partners including BASF Venture Capital and H.B. Fuller Ventures. Today, its customers include many leading brands such as Motorola, AK Steel, DuPont, Honeywell, Adidas, Sanford/Paper Mate, Ice-O-Matic and Oster. For more information about AgION Technologies, visit www.agion-tech.com.