BP and Verenium Announce Vercipia Biofuels to Advance the Commercialization of Cellulos...(erenium's dependence on existing collabo...)

Date:7/29/2009

erenium's dependence on existing collaboration, manufacturing, and/or license agreements, and its ability to achieve milestones under existing and future collaboration agreements, the ability of Verenium and its partners to commercialize its technologies and products (including by obtaining any required regulatory approvals) using Verenium's technologies and timing for launching any commercial products and projects, the ability of Verenium and its collaborators to market and sell any products that it or they commercialize, the development or availability of competitive products or technologies, the future ability of Verenium to enter into and/or maintain collaboration and joint venture agreements and licenses, changes in the U.S. or global energy markets and laws and regulations applicable to them, and risks and other uncertainties more fully described in the Company's filings with the Securities and Exchange Commission, including, but not limited to, the Company's quarterly report on Form 10-Q for the three months ended March 31, 2009. These forward-looking statements speak only as of the date hereof, and the Company expressly disclaims any intent or obligation to update these forward-looking statements.

    Contacts:

    Verenium:
    Kelly Lindenboom
    Vice President, Corporate Communications
    617-674-5335
    kelly.lindenboom@verenium.com

    Sarah Carmody
    Sr. Corporate Communications Associate
    617-674-5357
    sarah.carmody@verenium.com

    BP:

    Tom Meuller
    BP U.S. Press Office, Houston
    281-366-1236

    BP Press Office, London
    +44 (0)207 496 4076

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SOURCE Verenium Corporation Copyright©2009 PR Newswire. All rights reserved

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