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CEO Updates

Algae’s Bipartisan Support

From: Riggs Eckelberry
Los Angeles, October 4, 2010

From: Riggs Eckelberry
Los Angeles, October 04, 2010

It seems that nothing can get through Washington these days! But… algae can!

“A bill meant to give tax breaks to companies working on algae feedstocks-generated biofuel has been approved by the US House of Representatives…. This bipartisan bill was not controversial and passed…with no objections and without a roll call vote this past week.”

Congratulations to Mary Rosenthal, who directs our Algal Biomass Organization (ABO) trade group, for her key role in this victory for our industry! You can read more here.

OriginOil Speaking News

Dr. Vikram Pattarkine’s presentation was delivered to great reviews at Caltech in Pasadena on September 17th.

Now, Senior Advisor Paul Reep will present on the hot topic of ‘Algae Bio-Carbon Capture’ at the 3rd Algae World Asia conference in Singapore on 19-20 October. (More)

And as you know, our appearance on September 23rd at the National Algae Association was a big success….

Stay tuned!

Riggs and team

Riggs Eckelberry
President & CEO
OriginOil, Inc. (OOIL)

Catch OriginOil on CNN

Safe Harbor Statement:

Matters discussed in this update contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this update, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.

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