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Dyadic International Reports 2010 Third Quarter Financial Results
Date:11/15/2010

December 31, 2009. A significant portion of this decrease in cash and cash equivalents was due to costs incurred by Dyadic to resolve the stockholder class action lawsuit.  Cash and cash equivalents during the third quarter of 2010 were positively affected by the private placement by Dyadic of an aggregate principal amount of $4,000,000 of convertible subordinated secured promissory notes.

Conference CallA conference call to discuss Dyadic's 2010 third quarter financial results is scheduled for 11:00 a.m. Eastern Time on Monday, November 15, 2010. The conference call may be accessed by dialing 888-259-8885 (domestic) or 913-312-1520 (international) five to ten minutes prior to start time and providing the passcode 4674501.

About DyadicDyadic International, Inc. is a global biotechnology company that uses its patented and proprietary technologies to conduct research, development and commercial activities for the discovery, development, manufacture and sale of specialty enzyme and protein products and solutions for the bioenergy, industrial enzyme and biopharmaceutical industries. Please visit Dyadic's website at www.dyadic.com.

Dyadic makes financial disclosures through the Pink OTC Markets Disclosure and News Service which offers free information on the Pink Sheets website (www.pinksheets.com) concerning issuers listed on the Pink Sheets over-the-counter market. Investors can access and download Dyadic's financial reports and other announcements that Dyadic makes through the Pink Sheets website. Dyadic will also continue providing updates through regular press releases as appropriate.

Cautionary Statement for Forward-Looking StatementsCertain statements contained in this press release are forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause Dyadic's actual results, performance or achievements
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SOURCE Dyadic International, Inc.
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Related biology technology :

1. Dyadic International to Announce Third Quarter 2010 Financial Results and Hold Conference Call on November 15, 2010
2. Dyadic International Raises $3 Million in Private Placement of Convertible Notes
3. Dyadic International to Announce Second Quarter 2010 Financial Results and Hold Conference Call on August 13, 2010
4. Dyadic International Announces Final Resolution and Dismissal of Stockholder Class Action Lawsuit
5. Dyadic International Engages The Abraham Group as Strategic Advisor
6. Dyadic International to Present at Rodman & Renshaw 6th Annual Global Healthcare Conference
7. Dyadic International Strengthens Management Team
8. Dyadic International Extends Collaboration With The Scripps Research Institute
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10. Edwin Rivera-Martinez, Former Chief of the FDA’s International Compliance Branch, Joins PAREXEL Consulting Strategic Compliance Team
11. Distinguished Scientist H. Mario Geysen Joins SRI International to Lead Combinatorial Sciences and Metabolic Diseases Research Programs
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