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Charles J. Cashion Joins iDiverse’s Board of Directors

Del Mar, CA, May 1, 2007 – iDiverse today announced that Mr. Charles J. Cashion has joined John Burr, Dan Chambers, and John Serbin as a member of iDiverse’s board of directors.

“We are very pleased that Mr. Cashion has agreed to join our board of directors,” said John Burr, president and CEO of iDiverse. “Mr. Cashion brings an immense amount of experience in finance and raising money for both large and small pharmaceutical companies. He adds a needed dimension to our board and we look forward to his contributions in helping us grow our company.”

“I am very familiar with iDiverse’s technology and the principals who formed the company,” said Mr. Cashion. “I have watched them develop the technology to its present state and am happy to have the opportunity to help them on the path to its commercialization.”

Mr. Cashion is Sr. VP, CFO, and Co-founder of Conatus Pharmaceuticals in San Diego, CA. He has 30+ years experience in finance mainly at the senior executive level. Mr. Cashion has raised several hundreds of millions of dollars in private and public financings and has participated in the acquisition of companies and technologies. He received his MBA and BS degrees from Northern Illinois University.

About iDiverse

iDiverse, Inc. is a privately-held biotechnology company dedicated to developing and commercializing genetically enhanced cell lines for use in the bioproduction of fuel ethanol, industrial enzymes, and pharmaceuticals. It also provides genetic technology for creating plants that are resistant to a wide range of biological and environmental stresses. In addition, the company offers contract screening and testing services to companies wishing to asses their sequence libraries for stress resistance genes.

Contact

John Serbin
Chief Business Officer
iDiverse, Inc.
P: 858-245-9212
jserbin@idiverse.com

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