Verenium Corporation (VRNM)

Q1 2010 Earnings Call Transcript

May 10, 2010 5:00 pm ET

Executives

Kelly Lindenboom – VP, Corporate Communications

Carlos Riva – President & CEO

Jamie Levine – EVP and CFO

Analysts

Sarah Martin – Lazard Capital Markets

Pamela Bassett – Cantor Fitzgerald

Amanda Sigouin – Jefferies

Paul Resnik – Olympia Capital Markets

Presentation

Operator

Welcome to Verenium's first quarter 2010 financial results conference call. At this time, all participants are in a listen-only mode. There will be a question-and-answer session to follow. Please be advised that this call is being taped at the company's request.

At this time, I would like to introduce your host for today's call, Kelly Lindenboom. Please go ahead.

Kelly Lindenboom

Thank you for joining Verenium's first quarter 2010 conference call. I'm Kelly Lindenboom, Vice President, Corporate Communications. With me today are Carlos Riva, Verenium’s President and CEO; and Jamie Levine, our Chief Financial Officer.

The agenda for today's call is as follows

First, Carlos will review business highlights and the accomplishments in the first quarter, then Jamie will summarize our financial results for the first quarter of 2010 and provide an update on select corporate activities and then we wish to open the call up for your questions.

Before we begin, I would like to advise you that this discussion will include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities and Exchange Act of 1934 as amended. These statements involve a high degree of risk and uncertainty and relates to matters such as our strategy, future operating plans, markets for our products, partnering, collaboration activities, public policy, financing activities, technical and business outlook.

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