12/14/04 MitoProd SA has obtained the status of Young Innovating Company (JEI) from the french economy and finance minister. This status gives MitoProd SA major fiscal and social advantages. The company is exonerated of taxes for its scientific and technical staff; exonerated of local taxes for the next six years and will be totally exonerated from taxes on benefices for its three first years of profits. This status encourages the company to massively invest in innovating technologies and allows MitoProd SA to create values in optimal fiscal conditions.