Clemson and Diversa To Collaborate On Development of Enzymes To Enhance Human Nutrition

CLEMSON, S.C. and SAN DIEGO - Clemson University and Diversa Corporation (Nasdaq: DVSA) today announced that they are collaborating to assess opportunities to leverage existing Diversa enzymes with the potential to enhance human nutrition. The parties will initially focus on evaluating the ability of adding protein supplements to food to improve stamina and alertness and reduce fatigue.

Clemson scientists have ongoing programs to investigate diet and health, including the study of herbal remedies. Diversa is interested in improving the nutritional impact of food by using novel enzymes. Merging the benefits of diet with pharmaceuticals and modern genomic tools has created a rapidly growing global business area in nutrition. The Institute of Nutraceutical Research at Clemson is focused on deploying new technology for this field. Diversa has developed a portfolio of commercialized enzyme products and an extensive pipeline of candidate enzymes and other proteins with industrial, chemical, agricultural and pharmaceutical applications that have potential applications in diet and nutrition.

"Diversa's strengths in discovery and optimization of novel proteins are highly complementary to Clemson's research capabilities in nutrition, animal science, biochemistry and chemical engineering," said David Gangemi, director of Clemson's Institute of Nutraceutical Research. "Diversa's well-established capabilities will allow our institute to rapidly test and develop new nutraceutical compounds and be more competitive in federal grant programs."

Diversa is impressed with Clemson's resources. "Clemson University and the Institute of Nutraceutical Research have developed impressive capabilities to accelerate the practical deployment of new technology aimed at improving human nutrition," said Jay M. Short, Diversa's president and CEO. "The institute's ability to organize and run clinical testing programs and their established packaging and formulation expertise will help bring novel protein solutions to the consumer in a rapid, effective, safe and economical process. We are excited about working with Clemson on proteins we are currently developing as well as working together to improve the competitiveness of both of our federal grant programs to develop new technologies."

A key goal of Clemson's expanding biotechnology program is to enhance the economy of South Carolina by developing public-private research collaborations. SC Bio, under the direction of the Institute of Nutraceutical Research, supports development of private corporate research and funding relationships.

"Our emerging relationship with Diversa represents an important corporate research collaboration in the life science industry. We believe this type of alliance will be pivotal in advancing research and creating new commercial avenues for South Carolina technologies," said SC Bio CEO Karl Kelly. "This is the result of South Carolina's continued efforts to attract and cultivate this industry to the state."

The mission of the Institute of Nutraceutical Research is to make Clemson University the national leader in nutritional research. Its goals are to help state industries develop greater confidence in product quality and effectiveness, enhance consumer demand for S.C. nutraceutical products, and develop economic opportunities for rural S.C. communities.

"Clemson continues to identify commercial opportunities that will expand the agriculture industry in South Carolina by supporting both new crop production and related processing opportunities," said John Kelly, vice president for Public Service and Agriculture at Clemson. "Clemson University will continue its mission to expand corporate relationships that benefit the state's economy."

CONTACT: David Gangemi, (864) 656-6463
e-mail: [email protected]

Martin Sabarsky, Diversa Investor Relations, (858) 526-5166

WRITER: Peter Kent, (864) 650-7899
e-mail: [email protected]

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