Oxford Performance Materials Announces Key Senior Management Appointments

SOUTH WINDSOR, Conn., Sept. 16, 2014 (GLOBE NEWSWIRE) -- Oxford Performance Materials Inc. (OPM), a leading advanced materials and additive manufacturing (3D printing) company, today announced the appointments of Bernie Plishtin as Chief Business Development Officer and Tony DeCarmine as Chief Technology Officer.

With a primary focus on biomedical, aerospace and industrial applications, OPM utilizes advanced materials and application-appropriate 3D printing solutions to manufacture disruptive end-use products, leveraging the company's proprietary formulation of the high performance polymer poly-ether-ketone-ketone (PEKK). Since 2000, the founders of OPM have been developing advanced applications of PEKK and proprietary processes to convert PEKK into fully functional end-use products, in the process developing a superior 3D printing value proposition known as "high performance additive manufacturing", or HPAM™.

"I am delighted to welcome Bernie to OPM as Chief Business Development Officer and expand Tony's role to OPM's first Chief Technology Officer," said Scott DeFelice, President & Chief Executive Officer of Oxford Performance Materials. "Bernie worked with us in a consultative role for the past two years, and I am really pleased to bring his experience aboard full-time to help engineer the company's growth."

DeFelice added: "Tony is a recognized authority and innovator in the industry; for over a decade he has been the driving force behind OPM's advances in materials science and additive manufacturing process technology. We congratulate him in his promotion to CTO."

As Chief Business Development Officer, Mr. Plishtin is responsible for managing OPM's business partnerships and corporate development activity, as well as corporate communications. Mr. Plishtin's experience is broad in both operations and management consulting. He joined OPM from Sagebrook Partners, a firm he co-founded, which provides M&A, business development and strategic advisory services. Mr. Plishtin's operations experience began as General Manager of technology developer Ridefilm Corporation, where he helped engineer the company's acquisition by IMAX Corporation, and then as a Vice President at IMAX, where he managed Ridefilm's P&L through IMAX's IPO. Mr. Plishtin was President & CEO of venture-backed software company HotRoof, Inc., an early "software as a service" (SaaS) provider to large online health and education content companies. As VP of Business Development at Canyon Ranch, he managed a series of joint ventures with the Cleveland Clinic and oversaw the jointly funded digital media unit for the companies. Mr. Plishtin's consulting experience began at Bain & Company as part of the firm's Corporate Healthcare Group, providing M&A and product line strategy services. He also served as Senior Consultant at Hearst Corporation's Digital Media Group, providing M&A services for the acquisition and integration of health & wellness website properties. Mr. Plishtin received his B.A. from the University of Pennsylvania and his MBA from the Yale School of Management.

As Chief Technology Officer, Tony DeCarmine is responsible for advancing the company's process technologies, as well as OPM's OsteoFab® Technology, the company's primary area of innovation for the medical industry, and OXFAB™, OPM's proprietary technology for aerospace and industrial customers. Mr. DeCarmine joined OPM in 2003 and has held a number of senior positions, including Director of Application Development and Technical Director. At OPM Tony has led numerous high performance thermoplastic process development activities including injection molding, extrusion, composites, and laser sintering (LS). Mr. DeCarmine has a deep understanding of analytical methods and failure analysis. He is the author of numerous patents, a number of which relate to the preparation, processing and recycling of PEKK in laser sintering. Mr. DeCarmine is an engineer with more than 20 years of experience in the industrial (textile manufacturing), aerospace (space systems) and engineered materials (ceramics and polymers) areas. In addition, he sits on several committees related to additive manufacturing and 3D structured light metrology. Mr. DeCarmine holds a Bachelor of Science in Mechanical Engineering from the University of Connecticut.

About Oxford Performance Materials, Inc.

Oxford Performance Materials (OPM) is a recognized leader in 3D printing and high performance additive manufacturing (HPAM™). OPM has developed a range of advanced materials technology focused on a high performance polymer, poly-ether-ketone-ketone (PEKK), and delivers enterprise level, functional end-use products to the biomedical, aerospace and industrial markets as the first company to successfully apply additive manufacturing solutions to PEKK. A pioneer in personalized medicine, OPM became the only company to receive FDA clearance to manufacture 3D printed patient‐specific polymeric implants for its cranial prostheses line in February 2013, and its Biomedical division received a second 510(k) for its patient-specific facial implants in July 2014. OPM's Aerospace & Industrial division has been fulfilling critical development contracts for parts in a range of aircraft applications in commercial, defense, and space with its proprietary OXPEKK® materials technology. For more information, please visit: http://www.oxfordpm.com/

CONTACT: Media Contact: Cory Ziskind ICR 646-277-1232 cory.ziskind@icrinc.comSource: Oxford Performance Materials