We are an agricultural biotechnology company selling seeds for producing renewable bioenergy feedstocks that can enable the large-scale replacement of petroleum and other fossil fuels. We use a combination of advanced plant breeding and biotechnology to develop new traits and improved energy crop varieties that we believe address the limitations of first-generation bioenergy feedstocks, increase biomass productivity, reduce crop inputs and improve cultivation on marginal land. Since our traits may benefit row crop production, we are also evaluating many of our traits in corn, soybean, rice and wheat.
We sell seeds of dedicated energy crops. Our first large-scale commercial seed products are proprietary sweet sorghum hybrids that can be used to extend the operating season of Brazilian sugarcane-to-ethanol mills. Elsewhere, we also market improved hybrids of high-biomass sorghum and varieties of switchgrass that can be used for the production of second-generation biofuels and bio-based chemicals as well as utility-scale electric power generation.
You should have received a letter from Ceres with instructions to return your old stock certificates to the company. If you did not receive the letter, please contact Ceres. Upon receipt of your old stock certificates, the transfer agent will issue either new stock certificates or open a direct registration account for you if you prefer to hold your shares in book entry form.
We will hold our 2013 annual meeting of stockholders on February 8, 2013 at 11:00 a.m. PST at the W Hotel at 6250 Hollywood Blvd. in Los Angeles, California. Each attendee must be a Ceres stockholder as of the close of business on December 20, 2012 or hold a valid proxy for the annual meeting.