19.12.2013 08:00:00

DEINOVE Wins Environmental Award at the "Victoires de la Réussite 2013”

Regulatory News:

DEINOVE (Paris:ALDEI) (Alternext Paris: ALDEI), a technological company that designs and develops a new generation of industrial processes based on Deinococcus bacterium, today announced that it has been honoured the Environmental Award for its sustainable development approach and substantial contribution to the establishment of a genuine circular economy.

DEINOVE received the award during the 14th edition of the "Victoires de la Réussite” which was held Wednesday evening at the Corum in Montpellier. For the past 14 years, this annual event organised by the "Société d’Information pour l’Emploi” and various stakeholders in the Languedoc-Roussillon region has been rewarding companies that have marked the year. In 2013, the Club des 500 awarded 13 prizes in the region, acknowledging innovation in numerous fields, from social to business.

"We wanted to promote the creators of an innovative technology offering a responsible and profitable alternative to oil use," emphasized Jean-Pierre Buchoud, Regional Director of Veolia Eau who presented the award to Emmanuel Petiot, DEINOVE CEO.

This award recognises DEINOVE's contribution to the economic influence of the Languedoc-Roussillon region.

"We are honoured to receive this award. This illustrates our company and team dynamism, as well as our commitment to promote carbon footprint reduction through our innovative production of second-generation biofuels and biochemical compounds. There is room in France for a plant chemistry sector and we are proud to be one of its representatives," stated Emmanuel Petiot in front of over 1000 guests.

He expressed his gratitude to the city of Montpellier, which provided DEINOVE with new dedicated laboratories. He also thanked Truffle Capital, Bpifrance and ADEME, the company’s partners and investors for their support without forgetting DEINOVES’s many individual and institutional investors.

"Without them, our technology platform would not have reached the highly promising pre-industrial point it has reached today," added Emmanuel Petiot.

ABOUT DEINOVE

DEINOVE (Alternext Paris: ALDEI) is ushering in a new era of green chemistry by designing and developing new standards of production based on bacteria of untapped potential: the Deinococci. Taking advantage of the bacteria’s unique genetic properties and unusual robustness, DEINOVE optimizes natural fermentation and metabolic capabilities of these bacterial "micro-factories" to produce high value added products from non-food biomass. The Company’s primary markets are 2nd generation biofuels (DEINOL) and chemical intermediates (DEINOCHEM). Listed on Alternext since April 2010, DEINOVE was founded by Philippe Pouletty MD, General Partner of TRUFFLE CAPITAL, and Professor Miroslav Radman, of the Faculty of Medicine of the University René Descartes. The company employs over 40 people in its new offices and laboratories located at the Biopôle Euromédecine, in Montpellier.

More information at www.deinove.com

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