March 16, 2009
Rive Technology
Rive Technology co-Founder, Javier Garcia Martinez, Named Young Global Leader
Javier Garcia Martinez is one of 230 Individuals Appointed to the Young Global Leader Forum
for Distinguished Leadership
Cambridge, MA and Princeton, NJ (March 16, 2009) -- Rive Technology, an innovative catalyst technology company for the
petroleum refining industry, announced today that its co-founder, Javier Garcia Martinez, was named a Young Global Leader
by the World Economic Forum (WEF) for his pioneering work in nanotechnology and energy, his leadership, and his
commitment to shaping a more sustainable global future. WEF each year recognizes distinguished young leaders below the
age of 40 from around the world. This year 230 individuals, including Javier Garcia Martinez, were selected from a pool of
almost 5,000 candidates. The Young Global Leaders Forum was established to bring together the world’s most extraordinary
young leaders in order to address today’s most pressing problems.
'I am honored that the World Economic Forum has chosen me as a Young Global Leader out of thousands of highly qualified
individuals,' said Javier Garcia Martinez, co-Founder of Rive Technology. 'I am excited to be a part of such an outstanding
community of young leaders that share my passion to work towards a better global future.'
Javier invented Rive’s core technology, a proprietary zeolite catalyst for increasing the yield of transportation fuels produced
per barrel of crude oil, while a post doctoral student at MIT and continues to play a leadership role with the Company's
technology development and intellectual property strategy. The technology is a proprietary method of modifying the pore
structure of a zeolite, making it more accessible to larger molecules in a feedstock. Rive selectively introduces mesopores
(pores nearly four nanometers in diameter) into a zeolite, allowing larger molecules to access the zeolite and get “cracked”
into valuable products. As a result, petroleum refiners obtain a higher yield of desirable products such as gasoline, diesel fuel,
and propylene, and less of undesirable products like heavy cycle oil and coke. Rive was recently honored with AlwaysOn's
GoingGreen East 50 award for the disruptive potential of its catalyst technology as a cleantech solution.
This is not the first time Javier has been recognized as a leader in nanotechnology and materials science. He has published
more than thirty articles, three book chapters and two books on nanotechnology and energy and has worked in the world’s
leading nanotechnology laboratories, including MIT, Caltech and UC-Berkeley. In 2007, Javier received the TR 35 Award from
MIT’s Technology Review magazine and in 2005, he was awarded the Europa Medal, an honor given annually to the
outstanding European chemist under the age of 35. He also received the Silver Medal of the European Young Chemist Award
in 2006. Javier received his BS, MS, and PhD in chemistry at the University of Alicante, Spain, where he currently leads the
Laboratory of Molecular Nanotechnology.
About Rive Technology
Rive is a clean energy company, commercializing advanced catalyst technology for petroleum refining to increase the yield of
transportation fuels produced per barrel of crude oil. The proprietary technology, invented at MIT, makes traditional zeolite
catalysts more accessible to large hydrocarbon molecules, allowing increased production of gasoline and diesel fuel. Rive’s
new catalyst fits readily into existing refineries and enables refiners to increase throughput and profitability with minimal capital
investment. Rive Technology has raised over $22 million in venture capital from Charles River Ventures (www.crv.com),
Advanced Technology Ventures (www.atvcapital.com) and Nth Power (www.nthpower.com). Rive Technology
recently received AlwaysOn's GoingGreen East 50, an award given to the top 50 cleantech companies East of the Mississippi.
For more information, visit www.rivetechnology.com.
About The Forum of Young Global Leaders
Established in 2004 by Professor Klaus Schwab, The Forum of Young Global Leaders is a unique, multi-stakeholder
community of the world’s most extraordinary young leaders who dedicate a part of their time to jointly address global
challenges and who are committed to devote part of their knowledge and energy to collectively work towards a better future.
Together the Young Global Leaders work to discover innovative solutions to today’s most pressing problems through various
initiatives and work streams as well as catalyzing the next generation of leaders.
About The World Economic Forum
The World Economic Forum is an independent international organization committed to improving the state of the world by
engaging leaders in partnerships to shape global, regional and industry agendas. Incorporated as a foundation in 1971, and
based in Geneva, Switzerland, the World Economic Forum is impartial and not-for-profit; it is tied to no political, partisan or
national interests (http://www.weforum.org).
Media Contact: David Gerzof | BIGfishPR | rive@beabigfish.com | 646-912-6789