Arcadia Biosciences Appoints Mark Wong to Its Board of Directors; Successful Agribusiness Leader Provides Technology Integration and Product Commercialization Expertise.DAVIS Davis, city (1990 pop. 46,209), Yolo co., central Calif.; settled in the 1850s, inc. 1917. It is an education center with light industry; machinery, processed foods, and computer equipment are produced. The extensive Univ. , Calif. -- Arcadia Biosciences, an agricultural technology company focused on products that benefit the environment and human health, today announced that is has appointed Mark Wong Mark Wong (born July 13,1971 in Madison, Wisconsin) is an American host and radio personality. He is currently the News Director and host of the "Movin' News Minute" on Rick Dees in the Morning on Movin' 93. to its board of directors. Mr. Wong has more than 30 years of agribusiness agribusiness Agriculture operated by business; specifically, that part of a modern national economy devoted to the production, processing, and distribution of food and fibre products and byproducts. experience with a specialty in technology integration and product commercialization. He is CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and founder of Renewable Agricultural Energy, Inc., a fuel ethanol provider. Prior to Renewable Agricultural Energy, Mr. Wong was CEO and founder of Emergent Genetics, Inc., which owned and operated multiple international seed companies. Under his leadership, the company integrated Monsanto's technology into the company's seed lines and increased earnings five-fold in seven years. Emergent Genetics achieved the world's second largest market share in cotton seed, and was sold to the Monsanto Company in 2006. Prior to Emergent Genetics, Mr. Wong was CEO of Agracetus Corporation, a subsidiary of W.R. Grace & Company, which developed and commercialized key technologies for integration of value-added genes into soybeans and other crops. Agracetus was eventually purchased by the Monsanto Company. Prior to Agracetus, Mr. Wong was COO of Agrigenetics Corporation, a corn, sorghum sorghum, tall, coarse annual (Sorghum vulgare) of the family Gramineae (grass family), somewhat similar in appearance to corn (but having the grain in a panicle rather than an ear) and used for much the same purposes. and soybean soybean, soya bean, or soy pea, leguminous plant (Glycine max, G. soja, or Soja max) of the family Leguminosae (pulse family), native to tropical and warm temperate regions of Asia, where it has been seed business that was sold to Lubrizol Corporation. In addition to his present duties at Renewable Agricultural Energy, Mr. Wong is partner at the investment and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a Big Stone Partners. He is serving (and has served) as a board director on three of the world's 50 largest agricultural seed companies. Mr. Wong earned a B.S. in Chemical Engineering from Lehigh University Lehigh University, at Bethlehem, Pa.; coeducational; chartered and opened 1866 by Asa Packer. It has undergraduate colleges of arts and science, business and economics, and engineering and applied science, as well as several graduate programs. and an M.B.A. from The Wharton School of Finance. "Mr. Wong has a strong track record of building and capturing value in technology-based agricultural businesses," said Eric Rey, president and CEO of Arcadia. "His experience will significantly benefit Arcadia as it continues to mature and makes the transition from developing to commercializing technology." "Arcadia is one of the leading independent research companies with a large proprietary collection of useful genes," said Wong. "Because of the company's unique mission, successful commercialization of Arcadia technologies will also have a significant positive impact on the environment and human health." Arcadia has achieved numerous successes advancing technologies that benefit both the environment and human health. The company has demonstrated technology that dramatically reduces nitrogen fertilizer requirements for agricultural crops, which will benefit growers by reducing fertilizer input costs, and benefit the environment through the reduced application of nitrogen fertilizer. The company has also demonstrated technologies that enable salt and drought tolerance Drought tolerance refers to the degree to which a plant is adapted to arid or drought conditions. Desiccation tolerance is an extreme degree of drought tolerance.[1] Plants naturally adapted to dry conditions are called xerophytes. in plants. The company has enriched GLA in safflower oil Noun 1. safflower oil - oil from safflower seeds used as food as well as in medicines and paints Carthamus tinctorius, false saffron, safflower - thistlelike Eurasian plant widely grown for its red or orange flower heads and seeds that yield a valuable oil to commercially significant levels and achieved key milestones in the development of longer-lasting fresh lettuce and tomato under a $2.9 million contract from the Department of Defense. New agricultural products based on these technologies will be available over the next several years, with GLA safflower oil to be available first in 2008. About Arcadia Biosciences, Inc. Based in Davis, Calif., with additional facilities in Seattle, Wash. and Phoenix, Ariz., Arcadia Biosciences is an agricultural biotechnology company focused on the development of agricultural products that improve the environment and enhance human health. For more information visit www.arcadiabio.com. |
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