Gevo Denies All Claims of Infringement in the Butamax Patent Infringement Complaint
March 25 2011 - 9:44AM
Business Wire
Gevo, Inc. (NASDAQ: GEVO), a renewable chemicals and advanced
biofuels company, today filed its answer in Delaware District Court
to the patent infringement complaint filed on January 14, 2011 by
Butamax Advanced Biofuels LLC, which alleges that Gevo is
infringing one patent that has been assigned to Butamax relating to
the production of isobutanol.
“Our answer, filed in Delaware district court, formally denies
all claims of infringement, as we use Gevo’s Integrated
Fermentation Technology® (GIFT®), which is covered by over 150
patent applications, and is a different approach than the one
described in the Butamax patent,” said Brett Lund, Gevo Executive
Vice President and General Counsel. “We will vigorously defend
against the claims asserted in the complaint.”
About Gevo
Gevo is developing capital efficient biorefinery systems to
provide renewable, cost-effective building block products to the
fuel and chemical industries. The Company seeks to convert
renewable raw materials into isobutanol and renewable hydrocarbons
that can be directly integrated on a “drop in” basis into existing
fuel and chemical products to deliver environmental and economic
benefits. Gevo is committed to a sustainable biobased economy that
meets society’s needs for plentiful food and clean air and water.
For more information, visit www.gevo.com.
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