LAKE SUCCESS, N.Y., Apr 12, 2010 (GlobeNewswire via COMTEX News Network) -- Aceto Corporation (Nasdaq:ACET), a global leader in the sourcing, quality assurance, regulatory support, marketing and distribution of pharmaceuticals, nutraceuticals, specialty chemicals and crop protection products, today announced that Gary Mo has been named to head the Company's Asian sourcing operations.
Mr. Mo joined Aceto in 1996 when he was hired to establish Aceto's office and sourcing operations in China. Prior to that, Mr. Mo was the sales manager with Matutina Limited, a Toronto-based chemical distributor, for six years and held various positions at Sinochem in Shanghai and Hong Kong for the 14 years prior to that.
Commenting on the announcement, Vincent G. Miata, President and CEO of Aceto, said, "The ability of Aceto to correctly source product has been, and continues to be, the key to the Company's success and over the past 14 years, Gary has done an excellent job growing and managing our sourcing office in China. We are now expanding Gary's geographic responsibilities to bring his management and organizational skills to oversee our entire sourcing operation in Asia. We believe that Gary's dedication will help fuel the growth of our global business by enhancing our source development activities in Asia."
ABOUT ACETO
Aceto Corporation, incorporated in 1947, is a global leader in the sourcing, quality assurance, regulatory support, marketing and distribution of pharmaceuticals, nutraceuticals, specialty chemicals and crop protection products. With a physical presence in ten countries, Aceto distributes over 1,000 chemicals and pharmaceuticals used principally as raw materials in the pharmaceutical, crop protection, surface coating/ink and general chemical consuming industries. Aceto's global operations, including a staff of 26 in Shanghai and 14 in India, are unique in the industry and enable its worldwide sourcing and regulatory capabilities.
(ACET-F)
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SOURCE: Aceto Corporation
CONTACT: Aceto Corporation Theodore Ayvas, Director of Corporate Communications & Investor Relations (516) 627-6000 www.aceto.com
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