Takasago and Amyris Begin Commercialization of Novel Fragrance Product Being Introduced at the 2016 World Perfumery Congress


EMERYVILLE, Calif. and TOKYO, June 14, 2016 (GLOBE NEWSWIRE) -- Amyris, Inc. (Nasdaq:AMRS), the industrial bioscience company, and Takasago International Corporation (TYO:4914), a global leader in the creation of flavors and fragrances for consumer products, today announced the launch of an innovative new fragrance created from Amyris’s technology. The new fragrance is being launched at the 2016 World Perfumery Congress being held June 13-15, 2016 in Miami, Florida.

Takasago is committed to using high performance, innovative and sustainably sourced materials that have a positive impact on its customers’ daily lives. The new fragrance was created as a result of a successful long-term relationship between Takasago and Amyris.

“We are delighted to launch this important fragrance,” said Masayuki Mita, Senior Vice President of the Fragrance and Aroma Ingredients Division at Takasago. “Amyris’s unique technology platform enabled Takasago to take this molecule from concept to actual commercial production quickly while utilizing renewable resources, and we are pleased with the outcome.”

“We are pleased with the success of this project with Takasago and our ability to support them in achieving their goals,” said John Melo, President & CEO of Amyris. “This partnership is yet another indication of why global market leaders come to Amyris to create innovative, high performance products while making their supply chain more sustainable.”

About Takasago International

Takasago International Corporation is a world leader in the flavour and fragrance industry. Founded in Japan in 1920, Takasago has developed flavours and fragrances for some of the world's most successful food, beverage, fine fragrance, household and personal care products. Takasago is the only Asia-based global flavour and fragrance company specialising in nature-identical and asymmetric molecules using unique chiral technologies. For more information visit www.takasago.com.

About Amyris

Amyris is the integrated renewable products company that is enabling the world’s leading brands to achieve sustainable growth. Amyris applies its innovative bioscience solutions to convert plant sugars into hydrocarbon molecules, specialty ingredients and consumer products. The company is delivering its No Compromise® products in focused markets, including specialty and performance chemicals, fragrance ingredients, and cosmetic emollients. More information about the company is available at www.amyris.com.

Forward-Looking Statements

This release contains forward-looking statements, and any statements other than statements of historical facts could be deemed to be forward-looking statements. These forward-looking statements include, among other things, statements regarding future events (such as additional global market leaders working with Amyris and the ability to provide products that improve sustainability of supply chains) that involve risks and uncertainties. These statements are based on management’s current expectations and actual results and future events may differ materially due to risks and uncertainties, including, among other things, the company’s liquidity and ability to fund operating and capital expenses, timing and execution risks associated with manufacturing, potential delays or failures in development, production and commercialization of products, Amyris’s reliance on third parties to achieve its goals, and other risks detailed in the “Risk Factors” section of Amyris’s quarterly report on Form 10-Q filed on May 10, 2016. Amyris disclaims any obligation to update information contained in these forward-looking statements whether as a result of new information, future events, or otherwise.

Amyris is a registered trademark of Amyris, Inc. All other trademarks are the property of their respective owners.


            

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