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NEWS

Genencor International signs licensing agreement with Energy Biosystems for gene shuffling technology
Palo Alto, California and Rochester, New York
May 23, 2000

Genencor International, Inc. today announced it has entered into a licensing agreement with Energy Biosystems Corporation of The Woodlands, Texas, for use of the company's proprietary
gene shuffling technology for development of gene-based products for the cleaning, textiles, grain processing, animal feed and food ingredients industries. 

The licensing agreement represents the first in a series of expected agreements between the two companies that will cover research and development, as well as options to expand the licensed rights into the fields of agricultural and biomaterial products. 

Genencor International develops genetically based biotechnology products for industrial chemicals, agriculture, and health care markets. The company has principal corporate offices in Palo Alto, California, Rochester, New York, and Leiden, the Netherlands. 

Energy BioSystems Corporation, of The Woodlands, Texas, is a biotechnology company that is applying proprietary, directed evolution techniques to accelerate development and commercialization of biocataylst-based processes for petroleum refining and petrochemicals production, industrial enzyme, ag-bio, chemical and pharmaceutical markets. 

Company news release
N2686

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