Iogen Energy's Cellulosic Ethanol Helps Fuel Drayson Racing in American Le
Mans Series presented by Tequila Patron

OTTAWA, March 23 /CNW Telbec/ - Iogen Energy announced today that its cellulosic ethanol helped fuel Drayson Racing's "Lola-Judd" in the 58th running of Mobil 1 Twelve Hours of Sebring, March 20th. This is the first time Iogen Energy's cellulosic ethanol has been blended into an E85 fuel for the demanding American Le Mans Series presented by Tequila Patron.

Iogen Energy remains the only company able to consistently produce large volumes of cellulosic ethanol. The 500 gallons of cellulosic ethanol supplied were produced from wheat straw at Iogen Energy's world leading demonstration facility in Ottawa. The Drayson Racing "Lola-Judd" prototype finished twelfth overall in a field of thirty-four.

"This is another milestone for us and proof that Iogen Energy can deliver significant quantities of cellulosic ethanol on demand. The Mobil 1 Twelve Hours of Sebring is the ultimate road test in the American Le Mans Series, and we are thrilled to have been able to provide Drayson Racing with cellulosic ethanol," says Jeff Passmore Executive VP for Iogen Corporation.

Cellulosic ethanol is a renewable, advanced biofuel that can be used in today's cars. It can reduce green house gas emissions (GHGs) by up to 90% compared to gasoline. It is one of the most cost effective means of reducing GHGs in transportation.

About Iogen Energy

Iogen is a leading biotechnology firm specializing in cellulosic ethanol - a fully renewable transportation fuel made from agricultural residue that can be used in today's cars. The Company has been producing cellulosic ethanol at its Ottawa demonstration plant since 2004. Iogen also develops, manufactures and markets enzymes used to modify and improve the processing of natural fibers within the textile, animal feed and pulp and paper industries. In operation since 1974, Iogen is a privately held company located in Ottawa, Canada. For more information, visit www.iogen.ca.

For further information: Mandy Chepeka, [phone] or visit www.iogen.ca