Propel Fuels & Solazyme Deliver World's First Consumer Access

Propel Fuels & Solazyme Deliver World's First Consumer Access to
Algae-Based Fuel 
Companies to Kick-Off Month-Long Market Pilot Program on Advanced
Biofuels 
REDWOOD CITY, CA -- (Marketwire) -- 11/13/12 --  Beginning today,
Propel Fuels (www.propelfuels.com), a leading retailer of renewable
fuels and clean mobility solutions, and Solazyme, Inc. (NASDAQ:
SZYM), a renewable oil and bioproducts company, are bringing
algae-derived fuel to retail pumps for what we believe to be the
first time in history. The two leading renewable fuel brands have
come together to offer Solazyme's algae-based Soladiesel(R)BD to
drivers through Propel's Bay Area network of retail renewable fuel
locations. The month-long pilot program provides the industry's first
opportunity to test consumer response to this advanced renewable
fuel. 
Solazyme's high quality algae-based SoladieselBD meets or exceeds
ASTM quality specifications and has shown performance enhancements
including cold temperature operating performance. The fuel is
compatible with existing diesel engines and the fuel's performance is
guaranteed by Propel. The fuel will be sold at the same price as
conventional diesel fuels and will be available exclusively at
Propel's Clean Fuel Points in Redwood City, San Jose (N. First St.),
Berkeley, and Oakland. 
"Propel is committed to providing our customers with access to the
highest quality, most sustainable, domestically produced fuels, so
we're proud to introduce the next generation of fuels to the retail
market," said Matt Horton, CEO of Propel Fuels. "Propel's growing
station network provides the critical link between these future fuels
and today's consumer fuel tanks, giving our customers a chance to
make history." 
Solazyme's technology platform converts plant sugars into oils by
feeding the sugars to microalgae in standard industrial fermentation
equipment. The algae consume the sugars and convert them into oils
rapidly and efficiently. While it takes millennia to make petroleum,
Solazyme's process takes merely a few days. Testing undertaken by the
National Renewable Energy Laboratory (NREL) shows that, in a 20%
blend, SoladieselBD significantly outperforms ultra-low sulfur diesel
in total hydrocarbons (THC), carbon monoxide (CO) and particulate
matter tailpipe emissions. This includes an approximate 30% reduction
in particulates, a 20% reduction in CO and an approximate 10%
reduction in THC.  
"Solazyme's revolutionary algae-based technology platform has
supplied our development partners and customers with advanced
biofuels that meet or exceed some of the world's most stringent fuels
specifications and requirements," said Bob Ames, VP of Fuels,
Solazyme. "We've successfully demonstrated our land-based fuels in
fleet vehicles and corporate busses, and are excited about this pilot
program with Propel because it enables us to make these fuels
available to the public."  
About Propel
 Headquartered in Redwood City, California, Propel Fuels
builds and operates a network of green-built filling stations
providing convenient access to American, low carbon fuels and clean
mobility solutions. The company offers consumers and fleets new fuel
choices that make progress toward reducing carbon emissions, creating
jobs, and lowering America's dependence on foreign oil. Propel has
also developed CleanDrive(R), the nation's first integrated carbon
emission reduction tracking platform, and is the only fueling company
in the country to enable drivers to offset their emissions at the
pump through their CarbonOffset program. Propel operates a growing
network of locations providing cleaner mobility options in California
and Washington State. More information is available at
www.propelfuels.com and by following Propel on Twitter at:
@PropelFuels. 
About Solazyme, Inc.
 Solazyme, Inc. (NASDAQ: SZYM) is a renewable
oil and bioproducts company that transforms a range of low-cost
plant-based sugars into high-value oils. Headquartered in South San
Francisco, Solazyme's renewable products can replace or enhance oils
derived from the world's three existing sources -- petroleum, plants
and animal fats. Initially, Solazyme is focused on commercializing
its products into three target markets: (1) fuels and chemicals, (2)
nutrition and (3) skin and personal care. 
Solazyme(R), the Solazyme logo and other trademarks or service names
are trademarks of Solazyme, Inc. 
This press release contains certain forward-looking statements about
Solazyme, including statements that involve risks and uncertainties
concerning: its fuel commercialization plans; the speed and
efficiency of its production process; the anticipated demand for its
products and its ability to supply such demand; the attributes of its
products and the future performance and sustainability of its
products. 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. Any such statement
may be influenced by a variety of factors, many of which are beyond
the control of Solazyme, 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: implementation risk in deploying new technologies; Solazyme's
limited history in commercializing products; market acceptance of its
products; its limited experience in constructing and operating
commercial manufacturing facilities; its ability to obtain requisite
regulatory approvals; its ability to enter into and maintain
strategic collaborations; and its access, on favorable terms, to any
required financing. 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 of Solazyme. 
In addition, please refer to the documents that Solazyme files with
the Securities and Exchange Commission, including its Quarterly
Reports on Form 10-Q, 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.
Solazyme is not under any duty to update any of the information in
this press release.  
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Media Contacts:
Propel Fuels
Jaime Quick
Scoville PR for Propel Fuels
206-229-5183
james.quick@scovillepr.com 
Solazyme
Genet Garamendi
VP Corporate Communications
650-780-4777
ggaramendi@solazyme.com 
 
 
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