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

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.


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SOURCE Maryland Technology Enterprise Institute
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