VANCOUVER, BRITISH COLUMBIA — Solegear Bioplastics Inc., a leading developer of bioplastic packaging and materials for Fortune 500 brands, today announced the appointment of Dan Holmes to the position of Chief Financial Officer (CFO). With an MBA from UCLA Anderson School of Management, Mr. Holmes brings over 20 years of multinational experience in building and managing finance and operations teams in Fortune 500, mid-tier and early stage companies.

Pieter Dorsman, who served as Interim CFO while the Company sought a full-time candidate, will step back from Solegear’s day-to-day activities. He remains engaged with the Company as a shareholder through E-Fund and Scenario Ventures, and Solegear wishes to sincerely thank Mr. Dorsman for his services during the past nine months.

“As we move forward in bringing bioplastics to the mainstream, we are expanding our commercialization activities to continue Solegear’s track record of growth,” said Toby Reid, Solegear Founder & CEO. “Dan’s combination of executive financial skills, strong operations management and understanding of our customer base make him a valued addition to Solegear’s ongoing development.”

Dan started his career at Oracle and following business school held senior finance positions at the Walt Disney Company, Candle Corporation, and Ascent Media. Throughout his career, Dan has partnered with senior executives to establish strategic directives and oversee their operational execution.

“Solegear is poised for significant growth as its technologies are adopted by large, global brands who are actively seeking more sustainable solutions," said Mr. Holmes. "It’s an exciting time for the business, a time that demands outstanding execution to make the company’s vision a reality. I’m pleased to join the Solegear team as we continue to develop the organization into a world leader.”

About Solegear Bioplastics Inc.

Solegear, based in Vancouver BC, engineers, produces and distributes high-performance bioplastics made from rapidly renewable resources. Founded in 2006, Solegear has developed proprietary bioplastic formulations under the brand names of Polysole®—a non-toxic, bio-based and compostable bioplastic and Traverse®—a composite bioplastic using the maximum possible bio-based content and non-toxic enhancers. In 2013, Solegear was named to both Rocket Builders’ Cleantech Ready to Rocket and BCBusiness Innovator of the Year Top 10 list of companies best positioned for growth.

Source: Solegear Bioplastics Inc.