- “OriginOil Is All About Algae” article appears on first day of trading –

Los Angeles, CA – April 29, 2008 – OriginOil, Inc. (OTCBB: OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, commented today on Forbes.Com’s coverage of the company on 25 April, 2008, on its first day of trading.

“It is a sign of the times that Forbes.com chose to interview us on our first day of trading,” said Riggs Eckelberry, the Company’s founder and President. He continued: “High oil prices and the collapse of food-for-fuel initiatives worldwide have created a perfect storm for algae and there are still few public companies addressing the problem.”

Forbes.com stated: “With oil prices at record highs and ethanol production straining the world food supply, investors are eager looking for alternatives — and algae offers a two-in-one solution.” The article went on to discuss the company’s plans to target its unique technology at fundamentally changing our source of oil without disrupting the environment or food supplies. The full article can be found here: http://lnk.nu/forbes.com/k6s.html

About OriginOil, Inc.

OriginOil helps algae growers extract oil from algae for use as a feedstock for the commercial production of transportation fuels, chemicals and foods. In a single step, our breakthrough technology efficiently dewaters and breaks down algae for its useful products, overcoming one of the greatest challenges in making algae a viable replacement for petroleum. As a pioneer and the emerging leader in the global algae oil services field, OriginOil supports its core algae extraction technology with an array of process innovations for some of the world’s most successful algae growers and refiners, just as pioneers like Schlumberger and Halliburton have done in the oilfield services industry. To learn more about OriginOil®, please visit our website at www.originoil.com.

Safe Harbor Statement:

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, 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. 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 our history of losses and our need to raise additional financing, the acceptance of our products and technology in the marketplace, our ability to demonstrate the commercial viability of our products and technology and our need to increase the size of our organization. Further information on the Company's risk factors is contained in the Company's quarterly and annual reports as filed with the Securities and Exchange Commission.   The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.