LMRA Lumera Corpration (MM)

Bothell, Washington-Based Lumera Names Peter Biere as Chief Financial Officer BOTHELL, Wash., Oct. 25 /PRNewswire-FirstCall/ -- Lumera Corporation, (NASDAQ:LMRA), has named executive finance veteran Peter Biere to the position of Chief Financial Officer. Biere brings more than 25 years of corporate finance experience during a career spanning the high tech, software, e-commerce, retail distribution, natural resources and food products industries. "We're thrilled to add Peter to Lumera's executive management team," said Lumera CEO Thomas D. Mino. "His financial experience and operational discipline come to Lumera at exactly the right time in the development of the company. His level of expertise will be of significant benefit as we begin to shift from a primarily research driven company, one that offers important products derived from our proprietary technologies." Biere will lead all of Lumera's financial functions including its accounting, treasury and cash management, financial reporting, investor relations and information systems. Prior to joining Lumera, he served as interim CEO for Seattle-based Entrees Inc. and as Chief Financial Officer for Locate Networks and for publicly-traded Multiple Zones, where he led their Initial Public Offering. He has also held senior financial management positions with Plum Creek Timber Company and El Paso Natural Gas Company. He is a graduate of the University of Iowa. Lumera was founded in 2000 and has developed substantial expertise in nanotechnology to develop polymer materials and products based on those materials for a broad range of applications, including wireless antennas and systems, biotechnology disposables, electro-optic devices and polymer-based products for government applications. About Lumera Lumera is an emerging leader in the field of nanotechnology. The company designs proprietary molecular structures and polymer compounds for a broad range of electro-optic, RF and specialty coating applications. The company also has developed proprietary processes for fabricating such devices. For more information, visit: http://www.lumera.com/ DATASOURCE: Lumera Corporation CONTACT: Todd Wolfenbarger of The Summit Group Communications, +1-801-595-1155, or cell, +1-801-244-9600 for Lumera Corporation Web site: http://www.lumera.com/

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