Jackie Helling
August14, 2008

POET CEO Jeff Broin announced on Wednesday at the American Coalition
for Ethanol annual meeting that the company will finish construction
on a pilot-scale cellulosic ethanol plant by the end of this year.

According to Domestic Fuel, “the pilot plant will be adjacent to
POET’s corn ethanol pilot facility and a nine million gallon per year
ethanol production facility in Scotland, SD and will allow the company
to build upon recent technology advances before starting construction
on Project LIBERTY, their commercial cellulosic production facility,
next year.”

Read more on POET’s website here: http://www.poetenergy.com/news/showRelease.asp?id=128