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Verenium Advances Its Development Work With Cargill on a New Food-Related Product
Date:9/13/2007

uction waste. For more information on Verenium, visit http://www.verenium.com.

About Cargill

Cargill is an international provider of food, agricultural and risk management products and services. With 158,000 employees in 66 countries, the company is committed to using its knowledge and experience to collaborate with customers to help them succeed. For more information, visit http:www.cargill.com.

Forward Looking Statements

Statements in this press release that are not strictly historical are "forward-looking" and involve a high degree of risk and uncertainty. These include statements related to the development of novel enzymes under the agreement with Cargill, Verenium's ability to achieve milestones under the agreement, potential new future collaborations between Verenium and Cargill, and potential solutions that may be discovered from Verenium's enzyme libraries, all of which are prospective. Such statements are only predictions, and the actual events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, risks involved in general with the enzyme development process, risks involved with Verenium's new and uncertain technologies, Verenium's dependence on patents and proprietary rights, Verenium's protection and enforcement of its patents and proprietary rights, the timing and composition of funding under existing and future collaboration agreements, Verenium's dependence on Cargill in connection with this agreement, Cargill's ability to further develop any enzymes developed under this agreement (if Cargill exercises its option to do so), Verenium's and Cargill's ability to commercialize products, the time and resources needed to develop new products and obtain any necessary regulatory approvals, customer adoption of new pr
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