FOR IMMEDIATE RELEASE | June 21, 2010

American Chemical Society Webinar focuses on exit strategies for business plans

WASHINGTON, June 17, 2010 — News media and others interested in the chemical sciences are invited to join the next in a series of American Chemical Society (ACS) Webinars™, focusing on exit strategies for business plans.

Scheduled for Thursday, June 24, from 2 – 3 p.m. EDT, the free ACS Webinar™ will feature Kenneth Polk, Director of TechCatalyst at the ACS, speaking on “Exit Strategies –– A Measure of Success for Chemical Entrepreneurs and Small Business.”

ACS Webinars™ connect you with subject experts and global thought leaders in chemical sciences, management and business to address current topics of interest to scientific and engineering professionals. Each webinar includes a short presentation followed by a Q & A session.

News media and scientists can tune into the conference without charge, but must register in advance.

Polk’s topics will include:

  • Why an exit strategy is essential to your business’ success
  • Two sides of the coin : Why entrepreneurs and investors may differ in their views on exits
  • Making the marriage work: Which exit strategies resonate best with investors
  • How to formulate an exit strategy that suits your specific business

As the business head of TechCatalyst, Polk leads the unit’s efforts to aid the commercialization of chemistry and allied science-based technologies. Prior to joining the ACS, he served the interests of entrepreneurs, research institutions, and small businesses in their technology transfer needs in senior business development and counsel capacities for nearly 20 years. As a technology commercialization professional, he has spearheaded efforts to acquire technology, capital and personnel, as well as creating business opportunities for myriad seed and early-stage technology concerns commercializing therapeutics, medical devices, diagnostics, coatings and chemical processes. Polk holds a J.D. from Duquesne University’s School of Law, as well as an M.S. and B.S. in Civil Engineering from the University of Pittsburgh. He is a licensed attorney and professional engineer in Pennsylvania.

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Media Contact:

Michael Bernstein

202-872-6042

Michael Woods

202-872-6293