Materia and Sigma-Aldrich Announce Exclusive Distribution Deal for Grubbs' Metathesis Catalysts

BIOWIRE2K
ST. LOUIS--()--Aug. 18, 2003--Materia, Inc. (Pasadena, CA) and Sigma-Aldrich Corporation (St. Louis, MO) (NASDAQ: SIAL) have entered into an agreement providing Sigma-Aldrich the exclusive right to distribute research quantities of Materia's proprietary Grubbs' Catalysts and Hoveyda-Grubbs' Catalysts. Financial considerations of the ten-year agreement were not disclosed. Materia's relationships with other distributors of these products were terminated as of July 1, 2003. Other catalog companies and resellers who have been or are found to be operating without a license from Materia will be notified of their infringement and required to discontinue their representation of these products.

"This agreement substantiates Materia's intellectual property position as well as our close working relationship with Sigma-Aldrich," says Richard Fisher, Vice President of Marketing and Business Development for Materia. "Sigma-Aldrich is not only the premier distributor of research chemicals and reagents worldwide but also plays an important and growing role in pharmaceutical fine chemicals and custom manufacturing. We are already pursuing opportunities to co-develop several applications of our metathesis technologies for Fine Chemicals and are looking forward to our expanding relationship with Sigma-Aldrich."

"Materia's metathesis technology is an ideal addition to our growing portfolio of catalysts for pharmaceutical discovery and Fine Chemicals production" commented Geoff Irvine, Manager Business Development at Sigma-Aldrich. "The Grubbs catalysts enable unique transformations on complex molecules and are already a mainstay of synthetic and medicinal chemists. We are very pleased with our maturing relationship with Materia."

To order research quantities of Grubbs' Catalysts or Hoveyda-Grubbs' Catalysts, contact Sigma-Aldrich customer service at 1-800-325-3010 or visit www.sigma-aldrich.com.

About Materia: Materia Incorporated is a leader in developing and commercializing solutions to complex problems in Life Sciences, Polymers and Materials Science, and Chemical Manufacturing. The company develops and provides innovative and proprietary catalyst technologies to streamline the discovery, development and commercialization of new pharmaceuticals, chemicals, and materials. For more information, visit www.materia-inc.com.

About Sigma-Aldrich: Sigma-Aldrich is a leading life science and high technology company. The company's biochemical and organic chemical products and kits are used in scientific and genomic research, biotechnology, pharmaceutical development, the diagnosis of disease and chemical manufacturing. The firm has customers in life science companies, university and government institutions, hospitals and in industry. Sigma-Aldrich operates in 34 countries and has 6,000 employees providing excellent service worldwide. The company is committed to the success of its Customers, Employees and Shareholders through leadership in Life Science, High Technology and Service. For more information please visit its award-winning web site at www.sigma-aldrich.com.

Contacts

Sigma-Aldrich Corporation
Dr. Geoff Irvine, 800-521-8956
or
Materia, Inc.
Dr. Richard Fisher, 610-633-9772

Contacts

Sigma-Aldrich Corporation
Dr. Geoff Irvine, 800-521-8956
or
Materia, Inc.
Dr. Richard Fisher, 610-633-9772