TerraVia Announces Ticker Symbol Change to TVIA
May 11 2016 - 9:00AM
Business Wire
TerraVia™ (NASDAQ:TVIA), a next-generation food, nutrition and
specialty ingredients company, announced today the company will
officially begin trading on the NASDAQ Global Select Market under
the new trading symbol "TVIA". The previous trading symbol was
"SZYM".
TerraVia™ is a next-generation food, nutrition and specialty
ingredients company that harnesses the power of algae, the mother
of all plants and earth’s original superfood, to deliver much
needed innovation and sustainable solutions to the food industry.
TerraVia’s algae-based platform is transforming our food system by
bringing together better nutrition and great taste, along with
economic and environmental sustainability. The company has spent
over a decade unlocking the power of algae to find and develop
vital food, nutrition, and specialty ingredients: healthy oils and
fats, proteins, fibers and micronutrients. TerraVia is well
positioned to help meet the growing need of consumer packaged
goods, and established and emerging food manufacturers to improve
the nutritional profile of foods, without sacrificing taste.
TerraVia also manufactures a range of specialty personal care
ingredients for key strategic partners.
About TerraVia™
TerraVia™ (formerly Solazyme, Inc.) is a next generation food,
nutrition and specialty ingredients company that harnesses the
power of algae, the mother of all plants and earth’s original
superfood. With a portfolio of breakthrough ingredients and
manufacturing, the Company is well positioned to help meet the
growing need of consumer packaged goods and established and
emerging food manufacturers to improve the nutritional profile of
foods without sacrificing taste, and to develop select consumer
brands. The Company also manufactures a range of specialty personal
care ingredients for key strategic partners. Headquartered in South
San Francisco, the Company’s mission is to create products that are
truly better for people and better for the planet. For additional
information, please visit TerraVia’s website
at www.terravia.com.
TerraVia Forward Looking Statements
This press release contains certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, including statements that involve risks and uncertainties
concerning: the timing and cost of production; market acceptance
and sales of products; and the ability to maintain relationships
with partners. When used in this press release, the words "will",
"expects", "intends" and other similar expressions and any other
statements that are not historical facts are intended to identify
those assertions as forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. Any such
statement may be influenced by a variety of factors, many of which
are beyond the control of the companies, that could cause actual
outcomes and results to be materially different from those
projected, described, expressed or implied in this press release
due to a number of risks and uncertainties. Potential risks and
uncertainties include, among others: TerraVia’s limited operating
history; its limited history commercializing products;
implementation risk in deploying new technologies; its limited
experience in constructing, ramping up and operating commercial
manufacturing facilities; delays related to start-up and ramp-up of
production facilities; commercial risk in deploying new products;
its ability to successfully develop and commercialize new products;
its ability to sell products; successful product trials by
customers and market acceptance and adoption of products by
end-users; the ability to obtain requisite regulatory approvals for
products; its access, on favorable terms, to any required
financing; and availability of consistent, reliable power and
steam. Accordingly, no assurances can be given that any of the
events anticipated by the forward-looking statements will transpire
or occur, or if any of them do so, what impact they will have on
the results of operations or financial condition.
In addition, please refer to the documents that TerraVia
Holdings, Inc. files with the Securities and Exchange Commission,
including its Quarterly Reports on Forms 10-Q and its Annual Report
on Form 10-K, as updated from time to time, for a discussion of
these and other risks. You are cautioned not to place undue
reliance on forward-looking statements, which speak only as of the
date of this press release. TerraVia is not under any duty to
update any of the information in this press release.
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version on businesswire.com: http://www.businesswire.com/news/home/20160511005842/en/
TerraViaCorporate Communications:Genet
Garamendipress@terravia.comorJM Strategic Communications GroupJeff
Majtykajeff@jmscgroup.comTaylor Krafchiktaylor@jmscgroup.com