Intermolecular, Inc. announced that pursuant to the terms of the Merger Agreement, at the Effective Time, all of the members of the Company's board of directors (which consisted of Marvin D. Burkett, Irwin Federman, Matthew S. Furnas, Kenneth H. Traub, George M. Scalise, Adam Scheer, Jonathan B. Schultz and Christian Kramer) ceased to be directors of the Company and the directors of Merger Sub immediately prior to the Effective Time, Luiz Vieira and Monica Elliott, became the directors of the Company as of the Effective Time. Pursuant to the terms of the Merger Agreement, at the Effective Time, Christian Kramer, the Company's Chief Executive Officer, resigned from his position as an officer of the Company and the officers of Merger Sub immediately prior to the Effective Time, Luiz Vieira and Monica Elliott, became officers of the Company. Additionally, Casper van Oosten was appointed to serve as the Company's principal executive officer, effective September 20, 2019.

Mr. van Oosten previously served in a senior management position with Merck Window Technologies BV since 2014. Bill Roeschlein, the Company's Chief Financial Officer, will continue to serve as principal financial officer through the two-month anniversary of the closing of the Merger.