Appointment of Eric BESSON and Erik ORSENNA to the board of GEOCORAIL

Appointment of Eric BESSON and Erik ORSENNA to the board of GEOCORAIL

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Paris, January 18th 2016 – GEOCORAIL, an innovative company specialized in the prevention of coastal erosion and the protection of marine structures, announces today the appointments of Mr. Eric BESSON and Mr. Erik ORSENNA to the board of the company, as independent members.

Celebrating these appointments, Dominique MICHEL, Chairman, declared: « We welcome today Mr. Eric BESSON and Mr. Erik ORSENNA to the board: the future development of GEOCORAIL will benefit greatly from their broad experience in the management of public and private affairs, in France as well as abroad, and their personal interest for matters of the sea and the protection of the environment. »

Eric BESSON started his career in the private sector, working for Renault Véhicules Industriels before joining the economics periodical ‘Challenges’. He then managed different foundations, including the “Agir contre l’exclusion” foundation. Mayor of Donzère (Drôme) since 1995, he was an elected member of the French Parliament for the 2nd district of Drôme from 1997 to 2007. Between 2007 and 2012, he held various ministerial positions, including Minister of the Industry, Energy and Digital Economy. He currently advises international leaders and managers in the private and public sectors. Eric BESSON is a graduate from ESC Montpellier and the Institut d’Etudes Politiques de Paris.

Erik ORSENNA, originally a researcher and teacher in international finance and development economics became advisor to the ministry of Cooperation in 1981, focusing on raw materials and multilateral negotiations. Cultural advisor and speech writer of François Mitterrand, he then took on multiples responsibilities in cultural and scientific areas. He received the literary Prix Goncourt in 1988 for his novel L’Exposition coloniale. In 1991, he became chairman of the Corderie Royale – International Sea Center, then in 1992 founding chairman of the Hermione-La Fayette association. In 1998, he was elected to the French Academy where he inherited the seat of Jacques-Yves Cousteau. Honorary Conseiller d’Etat, Erik Orsenna is also board member of Greenflex and Carbios.

About GEOCORAIL / www.geocorail.com

GEOCORAIL develops and commercializes innovative solutions to mitigate shore erosion and protect maritime coastal works and offshore structures. These solutions are based on an electrochemical process respectful of the environment that allows the in situ creation of a natural stone from minerals present at the site. The Geocorail® exhibits a high mechanical resistance and presents an aspect which allows it to blend into its surroundings. It also offers the advantage of sequestrating some of the carbon that is present in the oceans. The Geocorail® formation mechanism can also be used to trap and recover certain pollutants present in the marine environment, such as heavy metals. GEOCORAIL continues the development and optimization of its process for direct applications and is looking to partner with major players in maritime engineering for applications complementing existing engineering practices. GEOCORAIL was founded and advised by Truffle Capital in 2012 and is supported, since its creation, by the Holding Incubatrice “Commodities and Materials”. Truffle Capital subscribed to a 2-million-euro capital increase in October of 2015.

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For more information, please contact:

GEOCORAIL
Philippe Andréani
Managing Director
Tel: +33(0)6 13 18 32 55
philippe.andreani@geocorail.com

COMALTO (Medias Relations)
Jean-François Carminati
Tel: +33(0)6 63 87 57 60
jfcarminati@comalto.com
Nicole Roffé
Tel: +33(0)6 60 06 16 45
nroffe@comalto.com

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Call us on +33 (0) 6 13 18 32 55

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