• The Tech 40 label recognizes particularly outstanding listed technology companies.

  • Deinove is one of the 40 companies selected from among 330 eligible European stocks.

  • This distinction will increase the company’s recognition and visibility in financial markets.

DEINOVE (Alternext Paris: ALDEI), a biotech company developing innovative processes for producing biofuels and bio-based chemicals by using Deinococcus bacteria, announced today that it had been selected from among 330 listed European high technology securities to join the Tech 40 Label and the corresponding stock market index, EnterNext Tech40.

The “Tech 40” label, an initiative launched by EnterNext, brings together emblematic companies in the Tech sector listed on the Euronext markets (Amsterdam, Brussels, Lisbon and Paris) and working in life sciences, eco-industries and TMT. The 40 companies receiving the label in 2016 were chosen by a group of independent European experts on the basis of economic, financial and stockmarket performance.

With this label, Deinove will enjoy one year of promotion and special assistance aimed at raising its visibility in the market, notably through a roadshow program targeting European and international investors.

“We are proud to be included in the European Tech 40 label, which groups together companies that are references in their fields and have strong potential in the technology sector,” said Emmanuel Petiot, CEO of Deinove. “This label, which promotes the innovative nature of our activity, will also enable us to increase our visibility among international investors.”