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Monsanto Asserts DuPont Is Using Smokescreen to Obscure Problems With Its Failed Optimum(R) GAT(R) Product

ST. LOUIS, June 16 /PRNewswire-FirstCall/ -- Monsanto Company (NYSE: MON) today described DuPont's response to Monsanto's patent infringement lawsuit filed last month as a smokescreen for DuPont's failed Optimum(R) GAT(R) product. Monsanto sued DuPont on May 4 for unauthorized use of the Roundup Ready herbicide tolerant product.

After years of touting Optimum(R) GAT(R) as a stand-alone, effective competitor of Roundup Ready, DuPont admitted in January 2009 that farmers could not use Optimum(R) GAT(R) alone because it presented an "unacceptable risk" to growers, and needed Monsanto's Roundup Ready to make it work.

"Rather than tell the truth about its failed product, DuPont pirated Monsanto's technology," said Scott Partridge, Monsanto's Deputy General Counsel. "This is the real issue in the case."

New innovative products are an important component of improving agricultural productivity around the world. Many companies, including all of Monsanto's largest competitors, are working to develop agricultural biotechnology traits and high yielding germplasm in which to deliver them.

"Monsanto competes with true innovation and provides new solutions for the agronomic problems facing farmers," Partridge said. "DuPont wants to compete by hurling false accusations and using the innovations of others to cover up its own failed technologies.

"DuPont's claim is baseless and a way of diverting attention from the fact that it was forced to renege on its vision of a new $200 million stand-alone competitor to Roundup Ready. DuPont is trying to make up for its commercial and scientific failures by misusing Monsanto technology, and the Court will now decide on the issue."

For additional information on Monsanto's case and DuPont's previous statements, please visit: http://www.monsanto.com/dupontlawsuit/.

About Monsanto Company

Monsanto Company is a leading global provider of technology-based solutions and agricultural products that improve farm productivity and food quality. Monsanto remains focused on enabling both small-holder and large-scale farmers to produce more from their land while conserving more of our world's natural resources such as water and energy. To learn more about our business and our commitments, please visit: www.monsanto.com.

CONTACT: Ben Kampelman (314-694-6192)

SOURCE Monsanto Company