Dyadic to Present at the International Distillers Grains Conference on September 14, 2006 at 8:30 a.m. CDT (9:30 a.m. EDT); Pres
12 Septiembre 2006 - 7:02AM
Business Wire
Dyadic International, Inc. (AMEX:DIL), a biotechnology company,
announced today that Dyadic scientist Marco Baez, Ph.D., will make
a presentation at the International Distillers Grains Conference
(IDGC) to be held at the Hyatt Regency Hotel in Minneapolis, MN, on
September 12-14, 2006. Dr. Baez's presentation is scheduled for
September 14 at 8:30 a.m. CDT (9:30 a.m. EDT). Presentation slides
will be available at the Company's website at
http://www.dyadic.com. Dr. Baez will participate on the panel
entitled "Beyond Feed: Alternative Uses for Distillers Grains." Dr.
Baez plans to discuss the Company's progress in the development of
enzymes to convert cellulose and hemicellulose, which comprise as
much as half the weight of Dried Distillers Grains (DDGs), to
fermentable sugars. These additional sugars can be utilized to
produce more ethanol from the same amount of corn. "Dyadic has
spent over a decade of R&D in the design and development of
enzymes for the increasingly efficient extraction of sugars from
biomass, including a two year collaboration on DDGs with the Iowa
Corn Promotion Board under a Department of Energy grant. We are
using our proprietary technologies to develop enzyme mixtures that
will increase yields and reduce the costs of the corn-to-ethanol
process," Dr. Baez said. "This is a huge market opportunity for
Dyadic, as production of corn-based ethanol in the U.S. alone is
expected to increase from about 4.7 billion gallons in 2006 to at
least 12 billion gallons by 2012. We believe that more efficient
extraction of sugars from DDGs has the potential to increase the
productivity of the corn ethanol manufacturing process by 10 to
20%. This could translate into billions of dollars of additional
ethanol revenue every year." Hosted by Distillers Grains Quarterly
and facilitated by the magazine's publisher, BBI International, the
IDGC is exclusively focused on industry issues related to
distillers grains produced at U.S. dry mill ethanol plants. More
information about the conference is available at the conference
website at http://www.distillersgrainsconference.com/ About Dyadic
Dyadic International, Inc., based in Jupiter, Florida, with
operations in the United States of America, Hong Kong and mainland
China, Poland and The Netherlands, is engaged in the development,
manufacture and sale of biological products using a number of
proprietary fungal strains to produce enzymes and other
biomaterials, principally focused on a system for protein
production based on the patented Chrysosporium lucknowense fungus,
known as C1. Dyadic is applying its technologies to produce enzymes
for use in converting various agricultural products (e.g. corn) and
waste products (e.g. switch grass, wheat straw, sugar cane bagasse,
etc.) into fermentable sugars, which can then be used in the
production of traditional and cellulosic ethanol as well as other
products currently derived from petroleum. Dyadic's C1 technology
also is being developed to facilitate the discovery, development
and large-scale production of human antibodies and other high-value
therapeutic proteins. Dyadic currently sells more than 45 liquid
and dry enzyme products to more than 200 industrial customers in
approximately 50 countries for the textile, pulp & paper,
animal feed, alcohol, starch, and food and beverage industries.
Cautionary Statement for Forward-Looking Statements Certain
statements contained in this press release are "forward-looking
statements." These forward-looking statements involve risks and
uncertainties that could cause our actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by such
forward-looking statements. For a discussion of these risks and
uncertainties, please see our filings from time to time with the
Securities and Exchange Commission, which are available free of
charge on the SEC's web site at http://www.sec.gov, including our
Annual Report on Form 10-KSB for the year ended December 31, 2005,
and our subsequent filings with the SEC. Except as required by law,
we expressly disclaim any intent or obligation to update any
forward-looking statements.
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