Marrone Bio Innovations Named to Global Cleantech 100 List

DAVIS, Calif., Oct. 2, 2012 /PRNewswire/ -- Marrone Bio Innovations, Inc., a leading global provider of natural pest management products for the agriculture and water treatment markets, today announced that it has been named to the prestigious 2012 Global Cleantech 100 list, produced by Cleantech Group, a leading global research and advisory firm focused on innovation in energy and the environment.

According to the Cleantech Group, the Global Cleantech 100 list is unique in the sector because it highlights the promise of private clean technology companies from all around the world, focusing on those companies which the players in the market feel are currently the most likely to make the most significant market impact over the next five to 10 years.

"MBI is committed to delivering natural pest management products that are not only highly effective, but are also safe for the environment and human health," said MBI CEO Pam Marrone. "We believe that our commercial products along with our pipeline of advanced and early stage natural pest management products provide significant benefits in integrated pest and water management programs, and we are honored to be recognized in the Global Cleantech 100 list."

The list is derived from Cleantech Group's own data and research combined with the weighted qualitative judgments of hundreds of nominations and the viewpoints of a global panel of 75 cleantech experts. To qualify for the list, companies must be independent, for-profit cleantech companies that are not listed on any major stock exchange.

"The Global Cleantech 100 is a natural extension of our companywide mission to help corporations, investors and financiers, professional service firms and governmental agencies connect with global cleantech innovation," said Cleantech Group CEO Sheeraz Haji. "This report celebrates the best in innovation and is the industry standard on gauging where cleantech innovation is headed next."

The nominations for the 2012 list included 8,285 nominations for over 5,000 companies from 85 countries. These companies were weighted and scored to create a short list of 236 companies presented to the expert panel for final input. The end result was 100 companies from 13 countries.

The 75-member expert panel is drawn principally from leading financial investors in Asia, Europe and North America, and from representatives of multi-national corporations. The composition of the expert panel is created to be broadly representative of the global cleantech community, and includes pioneers, leaders, veterans and new entrants in cleantech resulting in a list of companies that command a broad base of respect and support from many important players within the global cleantech innovation ecosystem, not just insiders.

"The 2012 Global Cleantech 100 is markedly different in its composition to that of 2009, our first edition," said Richard Youngman, Cleantech Group Managing Director. "As such, it is a strong statement of how the collective market opinion has shifted as to what type of companies are the most likely to have significant market impact in a 5–10 year timeframe."

• The complete list of 100 companies was revealed October 1 at the Global Cleantech 100 Summit & Gala in Washington, D.C. http://events.cleantech.com/global100/
• For complete information on MBI's leadership within the cleantech space, access Cleantech Group's leading market intelligence platform, i3, and search for MBI at http://research.cleantech.com/company/
• The full report with commentary and insight on the 2012 Global Cleantech 100 authored by Cleantech Group and sponsored by Autodesk, Deloitte, Wermuth Asset Management, and Wilson Sonsini Goodrich & Rosati is available for download at http://www.cleantech.com/global-cleantech-100/

About Marrone Bio Innovations

Marrone Bio Innovations, Inc. is a leading global provider of natural pest management products (biopesticides) for the agricultural and water treatment markets. Its effective and environmentally friendly natural agricultural products provide higher yields and quality while managing pest resistance and residues. Through its proprietary discovery and development platform and strategically in-licensed technologies, MBI has developed a pipeline of advanced and early-stage products for the significant agricultural and water treatment markets, including several nematicide, fungicide, algaecide and plant health product candidates. MBI's award-winning products for the agricultural market include the biofungicide Regalia^®, and Grandevo^®, a broad-spectrum bioinsecticide for controlling insects and mites. The company recently received EPA approval of a novel bioherbicide, and has submitted another broad-spectrum insecticide to the EPA. MBI is launching into the water treatment market with Zequanox^®, the industry's first natural product to selectively control invasive zebra and quagga mussels. MBI currently has more than three dozen patents pending in the U.S. and globally.

About Cleantech Group         

Cleantech Group's market intelligence, events and advisory services accelerate market adoption, stimulate demand, and remove barriers to cleantech innovation. A global company with offices in North America and Europe, we connect business leaders with cleantech innovation through the i3 Platform, the most comprehensive, vetted, up-to-date source for insights into companies, investors, financing and relationships across the clean technology ecosystem. Cleantech Group also produces the premier Cleantech Forum^® and Focus™ events worldwide.

SOURCE Marrone Bio Innovations, Inc.