Engineering Excellence for AustraliaFrom: Riggs Eckelberry Los Angeles, April 3, 2012
From: Riggs Eckelberry
Los Angeles, April 03, 2012
They’re off to Australia!
I thought you would enjoy photos and a video (just click on SLIDESHOW) of our new FULL-SIZE Single Step Extraction™ systems as they were being loaded last week into a 40-foot container on the way to Australia.
These units are destined for MBD Energy’s Algae from CO2 project at the coal-fired Tarong Power Station, which you first saw last year in the video “OriginOil Scales Up In Australia“.
Bill Charneski, our head of Product Engineering, ran whole chemical plants for Dow Chemical. He has done an absolutely fantastic job here, delivering top-quality products for our showcase customer. And in the process, finding money-saving efficiencies.
So Bill got a well-deserved round of applause at our commercialization meeting yesterday!
Response to the Model Four
Speaking of commercialization, the new Model Four is getting great responses from our target customers, the up-and-coming new algae companies.
We leveraged a technology breakthrough into a much lower entry-level price — that any department head can approve. Now we’re taking advance orders well ahead of production.
To place your advance order, please email email@example.com.
The accelerating algae market
The stakes are high: the market for new algae technologies like ours will be worth half a BILLION dollars a year by 2015. (See Page 5 of our Company Presentation.)
Put another way, the algae market will grow from just over $200 million in 2010, to over $1.5 billion just three years from now, and one-third of it will be in enabling technologies.
It’s now algae’s time, and OriginOil is here to help enable it.
Thank you for all your support, and enjoy the rest of the week!
Riggs and team
President & CEO
OriginOil, Inc. (OOIL)
OriginOil Study: Gasoline and Diesel For as Little as $2.28/Gallon
Safe Harbor Statement:
Matters discussed in this release 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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