BlueFire Ethanol Fuels, Inc. (OTCBB: BFRE) and the Mississippi Institute for Forest Inventory (MIFI) will conduct a study to determine the feasibility of a cellulose-to-ethanol production facility using forestry waste as its feedstock. BlueFire and MIFI are mutually interested in research related to the application of cellulosic ethanol conversion for forestry waste streams.

MIFI's mission is to develop and implement a continuous, statewide forest resource inventory necessary for the sustainable forest-based economy. Also, to be responsible for effective distribution and management of forest inventory-based information for economic and public policy development.