LUDWIGSHAFEN, GERMANY AND FT. COLLINS, CO, USA — September 22, 2010 — BASF SE and Solix Biofuels, Inc. today announced that they have signed an agreement to investigate the use of algae to produce certain chemicals for BASF. Solix is a leading developer of algae cultivation technology systems and will test multiple algae species in its proprietary growth system, AGS™, for BASF. Further terms were not announced.

As the world’s leading chemical company, BASF is continuously exploring innovative technologies to provide products to its customers. The use of algae, which consume CO2 as part of their growth cycle, could potentially provide an attractive way to produce certain chemicals from a renewable source. “This collaboration with Solix Biofuels demonstrates BASF’s commitment to generate growth from industrial biotechnology,” said Harald Lauke, President of the Specialty Chemicals Research at BASF. “Algae represent a fascinating addition to BASF’s technology portfolio as they offer the potential to produce a number of exciting specialty products. After surveying the algae industry, we chose to work with Solix based on its knowledge of algal biology and the strength of its AGS.”

“We are excited to begin this important development with BASF,” said Doug Henston, Solix Biofuels’ CEO. “Algae offer the potential to produce a diversity of chemical products in addition to their fuel potential. We believe our AGS offers a high unique level of flexibility in its production capability, ideally suited for the ultimate large-scale cultivation of a broad range of algae species with multiple commercial applications. This partnership affords us the opportunity to work with a leader in the chemical industry to produce some unique chemical products from algae while continuing to pursue the production of fuel from algae.”

About BASF
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics and performance products to agricultural products, fine chemicals as well as oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of more than €50 billion in 2009 and had approximately 105,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com.

About Solix Biofuels
Solix Biofuels, Inc., is a developer of algae production technology designed to produce algal biocrude and other algal products on an industrial scale. Its proprietary AGS offers the ability to cost efficiently produce algae products with high productivity and reliability. The Company works with partners interested in utilizing its AGS technology to produce products derived from algae and to reduce CO2 emissions. Solix Biofuels is headquartered in Ft. Collins, Colorado and has a demonstration facility near Durango in Southern Colorado. The Company is venture funded. For more information, visit www.solixbiofuels.com.

Fort Collins, Colo.—September 21, 2009— Solix Biofuels, Inc. (“Solix”), an alternative energy technology company for the large-scale commercialization of microalgae-based fuels and co-products, announced today the addition of two executives to its management team as well as the appointment of Joel Butler as the Company’s new chief technology officer.

Dr. Peter Lammers joins Solix as vice president of biotechnology. Prior to joining Solix, Dr. Lammers was the cultivation track lead for the Department of Energy’s Algal Biofuels Roadmap. Considered a foremost authority on large-scale cultivation, Dr. Lammers left a tenured position with New Mexico State University, where he taught courses in chemistry, biochemistry, bioinformatics and molecular genetics for 24 years, to join the Solix team. Dr. Lammers earned his Ph.D in Environmental Biochemistry from Portland State University and was a Postdoctoral associate at the University of Chicago. Dr. Lammers will oversee Solix’s efforts in algal growth and biochemical optimizations.

Dr. Joanna Money joins Solix Biofuels as vice president of business development. Dr. Money has over 20 years of industry experience, including 15 years in corporate and business development, strategy development as well as marketing and sales. She previously worked in the biotechnology industry with such companies as RxKinetix (now Part of Endo Pharmaceuticals), Proligo (now part of Sigma) and Array BioPharma. Prior to that she worked at Amoco Chemical (now part of BP), developing business opportunities for them on a global basis. Dr. Money holds a Ph.D in Inorganic Chemistry from Indiana University. She brings both technical and business acumen to the company. Dr. Money will be instrumental in developing the Company’s long term business strategy.

Douglas Henston, Solix’s chief executive officer, commented: “Peter and Joanna will have an immediate impact on Solix. We are excited to utilize their skills and experience as we work towards commercialization.”

Joel Butler has assumed the role of chief technology officer. Dr. Bryan Willson will continue to play a key role in the Company as Solix’s chief technology strategist developing the Company’s technology portfolio.

About Solix Biofuels
Solix Biofuels, Inc., based in Fort Collins, Colo., is an alternative energy production technology company with emphasis on supplying scalable photo-bioreactors that will enable the global production of biofuels using microalgae as a feedstock. Solix is an intellectual descendant of the U.S. Department of Energy’s Aquatic Species Program, which started in 1978 to explore ways to produce biodiesel from algae. In early 2006 Solix was founded with the support of Colorado State University with a goal of creating a commercially viable biofuel that will help solve climate change and petroleum scarcity without competing with global food supply. Solix began operations at its Coyote Gulch Demonstration Facility, located on the Southern Ute Indian Reservation, on July 16, 2009. For more information, visit www.solixbiofuels.com.