Navigation Links
Zymetis Inc. Named Top 50 'Cleantech/Greentech' Company
Date:3/3/2009

COLLEGE PARK, Md., March 3 /PRNewswire-USNewswire/ -- Zymetis Inc., a biotechnology company focused on the cost-effective production of biofuels and other biorefined products, today announces it was named a 2009 GoingGreen East Top 50 Private Company, honoring the best "cleantech" and "greentech" companies in the Eastern U.S. and Canada.

The GoingGreen East Top 50 Private Companies award is given to emerging companies creating new green technology businesses. The top 50 list was compiled through surveys with more than 300 venture investors, investment bankers and technology insiders, who nominated more than 500 companies.

Zymetis was selected based on demonstration of growth, market opportunity, quality of innovation and customer traction.

"We are excited and flattered," says Scott Laughlin, CEO of Zymetis. "We are just coming out of our stealth development phase. To be placed alongside companies that have already raised tens of millions of investment dollars is quite an honor and a validation of the uniqueness and the tremendous commercial opportunity of our solution for clean and affordable transportation fuel."

Zymetis was formed just two years ago to capitalize on the novel digestive capabilities of a rare marine bacterium.

"The GoingGreen East 50 companies have demonstrated their tenacity even in the toughest economic conditions that the technology world has ever encountered," says Tony Perkins, founder and editor of AlwaysOn. "We applaud their success in pushing the boundaries of innovation, creating market opportunities and transforming the industry even in the earlier stages of their businesses."

Zymetis and the other GoingGreen East 50 Award winners will be recognized at the GoingGreen East Conference in Boston, Mass., on March 9-11.

The company also won a 2008 Maryland Incubator Company of the Year Award in the Best Technology Transfer Company category.

Zymetis is a company in the Maryland Technology Enterprise Institute (Mtech) Technology Advancement Program, a leading venture incubator at the University of Maryland that partners with regional entrepreneurs to build early-stage companies.

The company's technology was developed by University of Maryland Life Sciences Professors Steve Hutcheson and Ron Weiner. Hutcheson founded the company, which graduated from Mtech's VentureAccelerator Program in January, 2008.

Zymetis has received two Maryland Industrial Partnerships research project awards, for a total of $227K. The company scaled its product up using Mtech's Bioprocess Scale-Up Facility.

About Zymetis (www.zymetis.com)

Zymetis, Inc. is a biotechnology company focused on the cost-effective production of biofuels and other biorefined products. Derived from a unique organism, Zymetis's nano-scale bioreactor technologies are designed to achieve lower costs, improved yields and higher manufacturing efficiencies in the conversion of cellulosic biomass to usable sugars. Currently, Zymetis is focused on the production of affordable next-generation transportation fuels.


'/>"/>
SOURCE Maryland Technology Enterprise Institute
Copyright©2009 PR Newswire.
All rights reserved

Related biology technology :

1. Amyris Biotechnologies Co-Founder Neil Renninger Named to Technology Reviews Prestigious TR35 List of Top Young Innovators
2. Todd R. Nelson Named Chief Executive Officer of eBioscience, Inc.
3. Miaxis Biometrics Named as Red Herring 100 Asia Award Winner for 2007
4. Dr. Keith Wilson Named President and Chief Scientific Officer of Takeda San Diego
5. Hyaluron Contract Manufacturing Named a 2007 Economic Impact Award Finalist
6. Kiwa Bio-Tech Named Recommended Brand by the China Green Food Association
7. Baxter Named to Dow Jones Sustainability Index for Ninth Consecutive Year
8. PharmAthene Named as Contractor in $13.9 Million Award Notice Published by the Department of Health and Human Services
9. Ikaria Founding Scientist Named 2007 MacArthur Fellow
10. BoVir(R) Named Best New Veterinary Diagnostics Product in International Animal Pharm Awards
11. Abbott Named One of the Best Places to Launch a Career by BusinessWeek
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/24/2016)...   MedyMatch Technology Ltd ., the data analytics healthcare ... support tools in the emergency room, announced today that it ... Technology Industries (IATI) BioMed Conference. The Conference ... National Life Sciences and Technology Week, and is being held ... Tel Aviv, Israel . Gene Saragnese ...
(Date:5/23/2016)... ... May 23, 2016 , ... PrecisionAg® Media has released ... and Beyond. The paper outlines the key trends that are creating both opportunities ... witnessed a lot of highs and lows as the precision agriculture market has ...
(Date:5/23/2016)... , ... May 23, 2016 , ... ... management solutions and services based in Aurora, Ohio, has broken ground on a ... in the Research Triangle Park area, this new location solidifies a commitment to ...
(Date:5/20/2016)... (PRWEB) , ... May 20, 2016 , ... Kablooe Design, ... goods companies, today announced its official 25th anniversary of the business. “We have worked ... so grateful to our customers for the privilege and honor of serving their product ...
Breaking Biology Technology:
(Date:3/14/2016)... Florida , March 14, 2016 ... the growing mobile commerce market, announces the airing of a ... channels starting the week of March 21 st .  The ... CNBC, including its popular Squawk on the Street show. ... focused on the growing mobile commerce market, announces the airing ...
(Date:3/10/2016)... 2016 --> ... "Identity and Access Management Market by Component (Provisioning, Directory ... by Organization Size, by Deployment, by Vertical, and by ... The market is estimated to grow from USD 7.20 ... at a Compound Annual Growth Rate (CAGR) of 12.2% ...
(Date:3/9/2016)... PALM BEACH GARDENS, Fla. , March 9, ... of identity management authentication and enrollment solutions, today ... proven DigitalPersona ® Altus multi-factor ... enable IT and InfoSec managers to step-up security ... friction.  Washington, DC ...
Breaking Biology News(10 mins):