Kreido Biofuels and the US EPA Collaborate

Camarillo, California [] Kreido Biofuels, Inc. and the Environmental Protection Agency (USEPA) announced an expanded collaboration under a Cooperative Research and Development Agreement (CRADA) to develop and commercialize green and sustainable chemistries. The Magellan benchtop system is specifically designed for early stage research and development due to its need for only small amounts of chemicals to explore chemical reactions. The Company believes that the system is ideal for applications where the reactants are expensive or hazardous, such as in pharmaceutical and biofuels development.

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