Riggs Eckelberry to Present Company’s Breakthrough Technology and Need for Continued Biofuels Development during IREO Conference
Los Angeles, CA – June 8, 2009 – OriginOil, Inc. (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 CEO Riggs Eckelberry will be addressing environmental industry leaders at the inaugural Intergovernmental Renewable Energy Organization (IREO) Renewable Energy Conference at the United Nations headquarters in New York City on Thursday, June 11, 2009.
“We are honored to welcome OriginOil to our inaugural ‘meeting of the minds,’” said IREO Secretary-General Robson Mello. “Riggs Eckelberry and his team have been instrumental to the development of this conference, and having their full support behind our event has been a large part of its success.”
“The focus of today’s world economies is on job creation, and the biofuels category offers the greatest new jobs potential of any energy source today”, said Riggs Eckelberry, CEO of OriginOil. “We will demonstrate how sustainable biofuels production can roll out quickly to offer massive job creation and provide an answer to the world’s dependence on fossil fuels.”
As the foremost international voice on Renewable Energy worldwide, IREO has established this annual conference to bring together leaders from political, private and academic sectors to discuss the state of renewable energy needs and plausible solutions in response to the growth of developing nations around the world. The conference will precede the 2nd Annual IREO Renewable Energy Awards Gala, beginning that evening at 6pm.
To register for the conference online, visit http://www.ireoconference.com/Register.html.
IREO is a proponent of clean and efficient energy sources combined with sustainable development and social awareness. The organization started as a partnership initiative launched in response to the Rio Declaration on Environment and Development, the Kyoto Protocol, the Johannesburg Declaration and the United Nations Conference on Climate Change in New York.
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.
