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- Distinguished Chemical and Environmental Engineer to Lead the Company's Efforts to Commercialize Its Breakthrough Algae to Oil Technology
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Los Angeles, CA - October 22, 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, announced that the company has appointed Vikram M. Pattarkine, Ph.D. as chief technology officer.
Pattarkine's career spans more than 25 years as a chemical-environmental engineer, with expertise in processes related to waste treatment, nutrient management, water quality and renewable energy. He has extensive international experience covering research, consulting and training.
"Vikram brings to OriginOil a distinguished career and stellar credentials. His technical expertise in environmental engineering combined with his business acumen and research experience will be invaluable as we continue to bring our algae-to-oil technology to market," said Riggs Eckelberry, OriginOil CEO.
Previously, Pattarkine was a senior vice president at Brinjac Engineering, Inc., an engineering design and consulting firm based in Harrisburg, PA, and was director of process engineering at Columbia, Missouri-based Environmental Dynamics, Inc., a leader in the development, design, and manufacture of aeration systems for wastewater treatment. During the 1990s he led the Environment and Natural Resources Management consulting practice of Tata Consultancy Services, Asia's largest consulting firm.
Pattarkine holds a Ph.D. in environmental engineering from Virginia Tech and Master of Technology in chemical engineering from Nagpur University, India. He serves on a variety of prestigious committees, including the Scientific and Technical Advisory Committee of the Chesapeake Bay Program and the Municipal Wastewater Treatment Design Committee of the Water Environment Federation. Pattarkine has authored numerous peer-reviewed papers, contributed textbook and manual chapters, and made technical presentations at conferences worldwide. Presently, he is an adjunct professor of environmental engineering at the University of Missouri.
About OriginOil, Inc.
OriginOil, Inc. is developing a breakthrough technology that will transform algae, the most promising source of renewable oil, into a true competitor to petroleum. Much of the world's oil and gas is made up of ancient algae deposits. Today, our technology will produce "new oil" from algae,
through a cost-effective, high-speed manufacturing process. This
endless supply of new oil can be used for many products such as diesel,
gasoline, jet fuel, plastics and solvents without the global warming effects of petroleum.
Other oil producing feedstock such as corn and sugarcane often destroy
vital farmlands and rainforests, disrupt global food supplies and
create new environmental problems. Our unique technology, based on
algae, is targeted at fundamentally changing our source of oil without disrupting the environment or food supplies. 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, 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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