Los Angeles, CA – January 13, 2009 – 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, announced today the appointments of Heather Heath as biochemist and Adam Liegner as research engineer.
“The Obama administration has already proposed a $150 billion plan to further advance our renewable and alternative energy initiatives over the next ten years. This commitment, coupled with a growing consumer demand for non-petroleum energy sources, reinforces the need for companies like OriginOil to scale up their research and development departments to ensure a more rapid commercial deployment of renewable energy technologies,” said Riggs Eckelberry, President and CEO of OriginOil. “Adding Heather and Adam to our already robust research and development department will enable us to accelerate the commercial viability of our algae-to-oil technology and pave the way for new technological breakthroughs.”
Heather Heath joins OriginOil as a biochemist who will be developing and managing growth protocols at OriginOil. She comes with an extensive laboratory and molecular biology background that includes measuring enzymatic activities (Enzyme Assays), measuring the concentration of substances in biological liquids (Immunoassays), DNA amplification via polymerase chain reaction (PCR) or recombinant DNA techniques, Gravimetric Analysis and Potentiometric and pH Titration measurement.
Prior to OriginOil, Heath served as a biochemist and research associate at Siemens Healthcare Diagnostics, one of the largest clinical diagnostics companies in the world, where she was involved with experimental preparation, experimental investigation and data preparation. She received a Bachelor of Science degree from California State University at Northridge and graduated cum laude with an Associate of Science degree in Veterinary Technology from Harcum College.
Adam Liegner joins OriginOil as a research engineer in charge of process engineering of the prototypes and new designs. He received a Bachelor of Engineering degree in Chemical Engineering from Vanderbilt University and also holds a Minor in Chemistry.
Liegner most recently served as an independent research engineer for Quality Filtration, L.T.D., a company that designs, develops and manufactures filtration products used in the industrial and hydraulic market. Previously, he successfully completed experiments using nanodevices and micro-fluid chips, testing the effects of pH on cell cultures as a student research engineer.
“Both Heather and Adam add a combination of academic and laboratory research experience that will be invaluable as we continue to bring our algae-to-oil technology to market,” concluded Eckelberry.
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.
