“PanAridus is honored to be part of such an esteemed group of colleagues working towards a goal of providing the first sustainable source of domestically produced natural rubber in our nation's history,” said Mike Fraley, Founder and CEO of PanAridus. “Our steadfast focus on guayule genetics and agronomics heightens the likelihood of success for our grant partners, all of whom understand the link between competing favorably on a cost basis in the commodity based marketplace and commercialization.”About Cooper Tire & Rubber Company Cooper Tire & Rubber Company (NYSE: CTB) is the parent company of a global family of companies that specialize in the design, manufacture, marketing, and sales of passenger car and light truck tires. Cooper has joint ventures, affiliates and subsidiaries that also specialize in medium truck, motorcycle and racing tires. Cooper's headquarters is in Findlay, Ohio, with manufacturing, sales, distribution, technical and design facilities within its family of companies located in 11 countries around the world. To learn more about Cooper and its corporate social responsibility initiatives, including sustainability efforts, visit http://coopertire.com/Corporate-Responsibility.aspx. About PanAridus Combining the biosciences of genetics and selective breeding, PanAridus has unlocked the key to growing a higher yield of domestically grown guayule rubber per acre than from imported Hevea rubber--and even more inexpensively than synthetic rubber, which is made from petroleum. Our advanced seed varieties ensure a supply of guayule rubber for applications (like tires), and our agronomic techniques give farmers a more certain and profitable crop. The company is headquartered in Casa Grande, AZ. To learn more about PanAridus visit http://www.panaridus.com/.