Dyadic extends debt maturities to 2014

In Florida, Dyadic International has entered into agreements with all 12 holders of its outstanding promissory notes which total $8.4 million to extend their maturity dates until January 1, 2014. In all other respects, the terms and conditions of these promissory notes remain unchanged and in full force and effect.  Dyadic is working on the discovery, development, manufacture and sale of enzyme and protein products for the bioenergy, biochemical, biopharmaceutical and industrial enzyme industries.