Biotech Updates

Performance Plants Inc. Announces New Patents for Crop Drought Protection Technology

September 21, 2007

Performance Plants Inc., a Canadian agricultural biotechnology company, has announced that it has secured Canadian and US patent protection for its proprietary crop drought protection -- Yield Protection Technology™ (YPT™). The announcement marked the opening of a new company facility in Kingston, Ontario.

YPT™ protects crops by allowing them to close earlier their stomata- the plants’ microscopic pores that mediate gas exchange- thereby reducing water loss through transpiration. As a result, YPT™ enables plants to increase yield by 15% - 25%, depending on the plant species. The technology is expected to be available to farmers in 2011.

“Biotechnology is the best solution to some very large human problems such as water shortages, climate change and increased population,” said Dr. David Dennis, President and Chief Executive Officer. “What we are doing at our new laboratory facilities in Kingston and at our lab in Saskatoon will put Canada and Performance Plants in the forefront of developing a secure food supply for the world.”

For more information visit: http://www.performanceplants.com/