DIVERSA AND CELUNOL HAVE MERGED TO CREATE VERENIUM, A NEW BIOFUELS INDUSTRY LEADER FOR THE GREEN MILLENNIUM

Verenium Corporation is a leading developer of biofuels derived from low-cost, abundant biomass and the developer of specialty enzyme products, which will in turn, provide access to even broader biofuel opportunities.

Verenium was formed in June 2007 through the merger of Diversa Corporation, a global leader in enzyme technology, and Celunol Corporation, a leading developer of cellulosic ethanol process technologies and projects. This combination has produced the first public company with the integrated, end-to-end capabilities to make cellulosic biofuels a commercial reality.

Low-cost hydrocarbons furnished the building blocks of our 20^th century way of life. Yet the era of abundant, low-cost fossil energy is drawing to a close. Today’s carbon-constrained world urgently needs new, greener methods to produce the fuels and other industrial products that are the lifeblood of our modern way of life. Verenium is developing new methods to derive the building blocks of tomorrow’s economy from biomass resources that are widely available on a recurring, sustainable basis.

Verenium. The Nature of Energy.

SPECIALTY ENZYMES. Harnessing the power of enzymes to create a broad range of specialty products to meet high-value commercial needs.
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• 4-17-08 - TIME Magazine's Special Report "Green is the New Red, White, and Blue" includes an online exclusive featuring Verenium as a top Green Start-Up.