Solazyme, Inc. Selected by AlwaysOn as a GoingGreen 100 Top Private Company Award Winner
Recognized for Leadership in Clean Technology and Global Business Potential
SOUTH SAN FRANCISCO, Calif., Sept. 11 /PRNewswire/ -- Solazyme, Inc., a
leading algal biotechnology company, today announced that it has been
selected by AlwaysOn as one of the GoingGreen 100 Top Private Companies for
2007. The first-annual elite GoingGreen 100 list was compiled by the
AlwaysOn editorial panel. In order to be eligible for the GoingGreen 100
list, companies had to be peer-nominated, with AlwaysOn receiving more than
500 nominations from venture investors, investment bankers and other
industry experts.
"The AlwaysOn GoingGreen 100 companies will accelerate the global
movement to a more sustainable environment," said Tony Perkins, founder and
editor of AlwaysOn. "The ideas and innovation we saw as we reviewed
hundreds of clean technology companies will be foundational to the next
wave of economic growth in California and beyond. My congratulations to
each AlwaysOn GoingGreen 100 winner -- these are the companies which we
predict will have the greatest market traction, strongest innovation and
most game-changing approaches this year."
Solazyme and the GoingGreen 100 Top Private Companies for 2007 will be
honored at AlwaysOn GoingGreen to be held at the University of California
in Davis from September 10 -- 12. GoingGreen is a two-and-a-half-day
executive gathering that highlights the significant impact clean
technologies have on new economic growth and in sustainable use of natural
resources. The idea behind the GoingGreen 100 top private companies list is
to identify the most promising entrepreneurial opportunities and
investments in the clean technology industry.
Solazyme is a leading biotechnology company focused on the engineering
and optimization of algae for production of biofuels and health and
wellness materials. Solazyme has developed algal strains with dramatically
increased biofuel and industrial chemical production capabilities. This
novel technology results in large reductions in CO2 and other pollutants
over traditional fossil fuels.
"We are pleased to be recognized for our development of fuels and
industrial chemicals from renewable resources. Our focus on algal
biotechnology will enable rapid development and deployment of facilities
capable of producing commercial scale quantities of biodiesel," said
Jonathan Wolfson, President of Solazyme. Harrison Dillon, CEO of Solazyme,
added "The use of renewable resources for production of biofuels that are
compatible with the existing transportation fuel infrastructure and that
meet existing fuel standards is crucially important for rapid large scale
adoption. We are excited to make a major contribution to reducing our
dependency on imported oil and creating new employment opportunities for
Americans."
A full list of all the AlwaysOn GoingGreen 100 Private Companies can be
found on the AlwaysOn Web site at:
http://alwayson.goingon.com/permalink/post/18632
About AlwaysOn GoingGreen: AlwaysOn GoingGreen is a two-and-a-half-day
executive gathering that highlights the significant impact clean
technologies have on new economic growth and in sustainable use of natural
resources. AlwaysOn GoingGreen features the most innovative companies,
eminent technologists, influential investors and journalists in keynote
presentations, panel debates and private company CEO showcases. The goal of
the conference is to identify the most promising entrepreneurial
opportunities and investments in the clean tech industry.
About Solazyme:
Founded in 2003 and headquartered in South San Francisco, California,
Solazyme is a leading biotechnology company focused on the engineering and
optimization of algae for production of biofuels and health and wellness
materials. For more information, please visit our website:
http://www.solazyme.com.
About AlwaysOn
AlwaysOn ignited the open-media revolution in early 2003 by being the
first media brand to launch a global blog network. In 2004, AlwaysOn
continued to lead the media industry in innovation by introducing a social
network where members can connect and engage. AlwaysOn is also
revolutionizing the media business by applying its open-media principles to
its executive event series (Stanford Summit, AlwaysOn Hollywood, AlwaysOn
Media and GoingGreen) and quarterly print "blogozine" by empowering its
members to post and share their ideas and meet each other online. As our
loyal readers know, AlwaysOn is committed to the free-market, merit-driven
approach to reporting and event programming. No other media brand has dared
to create such open interaction with its readers and event participants.
For Solazyme For AlwaysOn Going Green
Walter Rakitsky A&R Edelman
Ph: 650-780-4777 Kimberly Kupiecki
wrakitsky@solazyme.com Ph: 650-533-4049
kkupiecki@ar-edelman.com
SOURCE Solazyme, Inc.
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