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:6/23/2016)... ... June 23, 2016 , ... STACS DNA Inc., the ... at the Arkansas State Crime Laboratory, has joined STACS DNA as a Field Application ... team,” said Jocelyn Tremblay, President and COO of STACS DNA. “In further expanding our ...
(Date:6/23/2016)... June 23, 2016 Apellis Pharmaceuticals, Inc. ... clinical trials of its complement C3 inhibitor, APL-2. ... multiple ascending dose studies designed to assess the ... subcutaneous injection in healthy adult volunteers. ... as a single dose (ranging from 45 to ...
(Date:6/23/2016)... 2016 Andrew D ... http://doi.org/10.17925/OHR.2016.12.01.22 Published recently in ... from touchONCOLOGY, Andrew D Zelenetz , discusses ... care is placing an increasing burden on healthcare ... therapies. With the patents on many biologics expiring, ...
(Date:6/23/2016)... ... June 23, 2016 , ... ClinCapture, the only free validated ... will showcase its product’s latest features from June 26 to June 30, 2016 ... on Disrupting Clinical Trials in The Cloud during the conference. DIA (Drug ...
Breaking Biology Technology:
(Date:6/22/2016)... ANGELES , June 22, 2016 /PRNewswire/ ... identity management and verification solutions, has partnered ... edge software solutions for Visitor Management, Self-Service ... provides products that add functional enhancements ... partnership provides corporations and venues with an ...
(Date:6/15/2016)... New York , June 15, 2016 /PRNewswire/ ... a new market report titled "Gesture Recognition Market by ... and Forecast, 2016 - 2024". According to the report, ... USD 11.60 billion in 2015 and is estimated ... reach USD 48.56 billion by 2024.  ...
(Date:6/2/2016)... LONDON , June 2, 2016 ... has awarded the 44 million US Dollar project, ... Security Embossed Vehicle Plates including Personalization, Enrolment, and IT Infrastructure ... world leader in the production and implementation of Identity Management ... in January, however Decatur was selected ...
Breaking Biology News(10 mins):