14.10. 2013 BioTurku®

MetGen Oy is Named in the 2013 Global Cleantech 100

MetGen - an emerging developer of novel industrial enzymes that enable significant efficiency improvements in the production of pulp and paper, of biofuel and biochemicals from cellulosic feedstock has announced it was named in the prestigious 2013 Global Cleantech 100, produced by Cleantech Group, a global market intelligence and consulting firm helping executives connect with innovation.

The Global Cleantech 100 list is unique because it highlights the promise of private clean technology companies from all around the world, focusing on those companies which the players in the market feel are currently the most likely to make the most significant market impact over the next 5-10 years.

"It has been an exciting year for our company. We completed an investment round with some of the leading investors in our industry; we improved the performance of our enzymes significantly and have completed industrial trials with various partners. Today's Global Cleantech 100 announcement confirms that we address unmet industry needs and that we are on the right track." said Alex Michine, CEO.

The list is derived from Cleantech Group's own data and research, combined with the weighted qualitative judgments of hundreds of nominations, and the viewpoints of a global 90-person Expert Panel. To qualify for the list, companies must be independent, for-profit, cleantech companies that are not listed on any major stock exchange.

"The Global Cleantech 100 is a natural extension of our vision to help corporations and investors connect with innovation around the world," said Sheeraz Haji, CEO of Cleantech Group. "This list celebrates inspiring entrepreneurs, and serves as the industry standard on gauging where innovation is headed across key sectors."

5,864 companies were nominated this year from 60 countries. These companies were weighted and scored to create a short list of 300 companies. Vital information on these short-listed companies - including key data from Cleantech Group's i3 platform - was presented to the expert panel for final input. The end result was 100 companies from 18 countries.

About Cleantech Group
Cleantech Group helps clients accelerate sustainable innovation. The company's i3 platform allows subscribers to discover companies and explore cleantech trends strategically with proprietary real-time data. Cleantech Forums bring together thought leaders and innovators in the cleantech and sustainability ecosystem. The company's advisory services leverage expertise in designing and executing corporate strategies for sustainable growth and innovation sourcing. Details at www.cleantech.com

About MetGen
MetGen develops disruptive enzymatic products that enable significant efficiency improvements in the pulp and paper and biofuel industries. The company offers enzymatic solutions for the pre-treatment of a variety of lignocelullosic sources. MetGen develops genetically modified enzymes (MetZyme™) that exhibit a wide biomass specificity and withstand harsh industrial environments. MetGen enzymes accelerate the path to low cost sugars. MetZymes™ are complementary to other enzymes and have multiple benefits such as lower total enzyme cost, less energy consumption and faster fermentation rates. MetGen's competitive advantage is in to tailor or adapt enzymes to meet customer's specific.

Source: www.metgen.fi