Verenium Corporation Upbeat About Future of Biofuels

SUGAR LAND--February 25, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Biofuels and specialty enzymes producer Verenium Corporation (NASDAQ:VRNM) (Cambridge, Massachusetts) recently reported fourth-quarter and full-year earnings for the 2008 fiscal year. Verenium's total revenues for 2008 were $69.7 million, an increase of more than 50% from 2007's revenues of $46.3 million. Industrial Info is currently monitoring $377 million of Verenium's projects, including what Verenium says will be one of the U.S.'s first commercial cellulosic ethanol plants, located in Highlands County, Florida.

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