24 August 2015
VIEW GEVO FULL ISOBUTANOL BROCHURE
Butamax™ Advanced Biofuels LLC
Experimental Station / 356
200 Powder Mill Road
P.O. Box 8352
Wilmington, DE 19803
TEL (302) 695-3216
EMAIL info@butamax.com
DETAILS
Enter Into Global Patent Cross-License and Settlement Agreements
to Accelerate Development of Markets
for Bio-Based Isobutanol and End All Litigation.
Factsheet: Butamax and Gevo
Patent Cross-License and Settlement Agreements
- Butamax and Gevo have agreed to global settlement and
cross license agreements resolving
the ongoing intellectual property dispute and
all current district court litigations
will be dismissed by the parties. - Under the agreements Butamax and Gevo
have licensed all of their respective patents to each other,
with rights to sub-license their respective technologies. - Both parties are free to sell up to 30 million gallons per year
royalty-free into any field, after which,
certain fields bear royalties per the following table:
CONTACT:
Media ContactKaren Freedman /David Rodewald The David James Agency, LLC +1 805-494-9508 gevo@davidjamesagency.com Investor ContactMike Willis Gevo, Inc. +1 720-267-8636 mwillis@gevo.com
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