Date:8/21/2012

otection Agency (EPA) estimates that in the United States as many as 350-400 new bio-refineries will have to be constructed by 2022 to meet the volume requirement of 16 billion gallons/year of cellulosic bio-ethanol under the Renewable Fuel Standard

About POET

POET, one of the world's largest ethanol producers, is a leader in biorefining through its efficient, vertically integrated approach to production. The 25-year-old company has a production capacity in excess of 1.6 billion gallons of ethanol and 9 billion pounds of high-protein animal feed annually from its network of 27 production facilities. POET also operates a pilot-scale cellulosic bio-ethanol plant, which uses corn cobs, leaves, husk and some stalk as feedstock, and expects to commercialize the process in Emmetsburg, Iowa through a joint venture with Royal DSM. For more information, visit http://www.poet.com.

About Agrivida

Agrivida, Inc., headquartered in Medford, Mass., is the commercial leader in developing engineered feedstocks for the production of biofuels and bioproducts from non-food agricultural residues and dedicated biomass crops. The company has entered into research and development agreements with the U.S. Department of Energy (DOE), ARPA–E, the USDA, and other partner companies. With expertise in protein engineering, molecular biology, plant biotechnology, agronomy, and chemical engineering, Agrivida is leading the industry in the development of innovative, sustainable crops and processes to meet energy needs and protect the environment. More information can be found at www.agrivida.com.

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SOURCE Agrivida, Inc. Copyright©2012 PR Newswire. All rights reserved

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