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Paramus, NJ (Profitable.com) Oceans Omega LLC proudly announces that Steve Dubin , a highly esteemed business visionary and former Chief Executive Officer of Martek Biosciences, has joined its Board of Directors and the Board of Directors of its parent company, Mycell Technologies. Mycell and Oceans Omega have substantial intellectual property including a stabilization technology which provides for stable water-soluble Omega-3s for food, beverage and nutritional applications.
Mr. Dubin served as the CEO of Martek Biosciences Corporation, a leader in the innovation, development, production and sale of high-value products from microbial sources that promote health and wellness through nutrition. The technology platform resulted in the development of a number of products, including the company’s flagship product, life’sDHA, a sustainable and vegetarian source of algal DHA (docosahexaenoic acid) which is important for brain, heart and eye health throughout all stages of life and is used in infant formula, nursing products, foods, beverages, dietary supplements and animal feeds.
Mr. Dubin played a key role in developing Martek’s business from an R&D company, to a fully integrated, profitable, commercial organization with over $470 million in annual sales. He served in a variety of positions during the 14 years with the company before his election as CEO in July 2006 and served in that capacity until the sale of the company to Royal DSM in 2011 for approximately $1.1 billion. Prior to leading Martek’s operations as CEO, Mr. Dubin’s positions at the company included those of President, CFO, Treasurer, Secretary, General Counsel and Senior VP of Business Development.
“Since our initial meeting in July, 2007, I have admired and respected Steve Dubin . He is one of the most knowledgeable and successful executives in the health, wellness and nutritional products markets and his veracity, ethics and equal respect for others truly makes it an honor to have him on our Board,” said Benjamin D. Mamola , Chairman and Chief Executive Officer of Oceans Omega. “Steve’s vast experience, vision, integrity and strategic thinking will help support Oceans Omega’s growth and expansion.”
Mr. Dubin is currently a Principal at SDA Ventures LLC, a firm focused on assisting emerging growth and middle-market companies, primarily in the health, wellness and nutritional products markets, on matters including corporate development, business acquisition, customer relations, growth strategies and corporate finance.
“Oceans Omega’s technology is exciting and opens up a number of functional food applications for in-demand, health promoting, Omega-3 fatty acids that were never before possible,” said Steve Dubin .
About Oceans Omega
Oceans Omega LLC, a wholly-owned subsidiary of Mycell Technologies LLC, is a leading supplier of water-soluble Omega-3s EPA and DHA ingredients for the fortification of food and beverage products. Due to our unique stabilization technology, Oceans Omega can deliver a range of superior Omega-3s EPA and DHA ingredient solutions, enabling novel, shelf-stable, tasty consumer products such as clear beverages, gelatins, gels, liquid nutritional shots, add-to-water concentrates as well as pet care products. Companies seeking to incorporate high levels of stable Omega-3s EPA and DHA in previously unachievable products now have a speed to market and first mover advantage. Oceans Omega’s corporate offices are located in Paramus, New Jersey. More information can be found at www.oceansomega.com.