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December 03, 2009 09:02 AM Eastern Time 

World Economic Forum Selects Metabolix as a 2010 Technology Pioneer

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Metabolix, Inc. (NASDAQ: MBLX), a bioscience company focused on developing sustainable solutions for the plastics, chemicals and energy industries, announced today that it has been named to the 2010 Class of Technology Pioneers by the World Economic Forum (WEF).

“I am honored that Metabolix has been recognized as a Technology Pioneer by the World Economic Forum and am excited to represent the company at Davos”

To be selected as a Technology Pioneer by the WEF, a company must be involved in the development of a life-changing technology innovation and have the potential for long-term impact on business and society. In addition, it must demonstrate visionary leadership and show all the signs of a long-standing and sustainable market leader, and its technology must be proven.

The Technology Pioneers program is the WEF's means of identifying and integrating those companies around the world that are involved in the design and development of new technologies. The Forum’s objective is to identify and address future-oriented issues on the global agenda and to further the Forum’s commitment to improving the state of the world.

As part of this recognition, Metabolix President and CEO Richard P. Eno will join the wider World Economic Forum community of business leaders, political leaders, Non-Government Organizations, scientists and academics during the WEF Annual Meeting 2010 in Davos-Klosters, Switzerland, in January.

“I am honored that Metabolix has been recognized as a Technology Pioneer by the World Economic Forum and am excited to represent the company at Davos,” said Mr. Eno. “I was pleased to see that one theme at the Forum’s annual meeting will be ‘How to Ensure Sustainability’ as this will provide an excellent venue to share our views on how hard science can develop the sustainable solutions needed to lessen the world's dependence on fossil energy, reduce carbon dioxide emissions and address critical solid waste issues.”

“We were truly impressed with the quality, quantity and diversity of the applicants this year, thereby making the selection process the most difficult to date. I would like to congratulate the Technology Pioneers Class of 2010. These companies can be very proud of receiving such a respected and coveted distinction,” said Kevin E. Comolli, Managing General Partner, Accel Partners, and a Technology Pioneer Selection Committee Member.

About Metabolix

Founded in 1992, Metabolix, Inc. is an innovation-driven bioscience company focused on providing sustainable solutions for the world’s needs for plastics, chemicals and energy. The Company is taking a systems approach, from gene to end product, integrating sophisticated biotechnology with advanced industrial practice. Metabolix is now developing and commercializing Mirel™, a family of high performance bioplastics which are biobased and biodegradable alternatives to many petroleum-based plastics. Metabolix is also developing a proprietary platform technology for co-producing plastics, chemicals and energy, from crops such as switchgrass, oilseeds and sugarcane.

For more information, please visit www.metabolix.com. (MBLX-G)

To follow Metabolix on Twitter, visit www.twitter.com/metabolixinc.

Contacts

Media:
ICR
Matt Lindberg, 203-682-8214
matthew.lindberg@icrinc.com
or
Brian Ruby, 203-682-8268
brian.ruby@icrinc.com
or
Investors:
ICR
James Palczynski, 203-682-8229
james.palczynski@icrinc.com

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