U.S. Patent and Trademark Office Denies Request to Reexamine Butamax ‘188 Patent
October 28 2011 - 10:30AM
Business Wire
Gevo, Inc. (NASDAQ: GEVO), a leading renewable chemicals and
advanced biofuels company, today announced that The United States
Patent and Trademark Office (USPTO) has denied its August 18, 2011
request to reexamine the Butamax™ Advanced Biofuels LLC (Butamax)
patent 7,851,188 issued in December 2010 (’188 Patent).
“We are disappointed in the USPTO’s decision not to reexamine
this particular patent, and we intend to appeal this decision” said
Brett Lund, Gevo Executive Vice President and General Counsel.
“This preliminary result in no way diminishes our strong
intellectual property portfolio of over 300 patents and patent
applications nor does it impact our freedom to operate. The USPTO’s
decision does not impact our ongoing patent litigation with
Butamax.
About Gevo
Gevo is converting existing ethanol plants into biorefineries to
make renewable building block products for the chemical and fuel
industries. The Company plans to convert renewable raw materials
into isobutanol and renewable hydrocarbons that can be directly
integrated on a “drop in” basis into existing chemical and fuel
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
Forward-Looking Statements
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"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
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significant risks and uncertainty. Investors are cautioned not to
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such forward-looking statements speak only as of the date they are
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events or otherwise. Although the company believes that the
expectations reflected in these forward-looking statements are
reasonable, these statements involve many risks and uncertainties
that may cause actual results to differ materially from what may be
expressed or implied in these forward-looking statements. For a
further discussion of risks and uncertainties that could cause
actual results to differ from those expressed in these
forward-looking statements, as well as risks relating to the
business of Gevo in general, see the risk disclosures in the Annual
Report on Form 10-K of Gevo for the year ended December 31, 2010,
and in subsequent reports on Forms 10-Q and 8-K and other filings
made with the SEC by Gevo.
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