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, 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.
