Riggs Eckelberry to Present during Algae Fuels Forum on March 16, 2009 -
Los Angeles, CA – January 22, 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, has announced that the company’s President and CEO, Riggs Eckelberry, will address the top leaders of the global biofuels industry at the prestigious World Biofuels Markets conference in Brussels, Belgium, on March 16, 2009.
“We are pleased to have been asked to present at the World Biofuels Markets among such highly-respected industry professionals,” said Riggs Eckelberry. “Algae is rapidly emerging as a viable competitor in the renewable energy sector, and OriginOil is at the forefront of developing technologies to enable the production of commercially viable algae oil. I am looking forward to joining my colleagues in a discussion about how we can best work together to help reduce our country’s dependence on foreign petroleum and share with them OriginOil’s innovative algae-to-oil technology.”
The World Biofuels Markets 2009 Congress will take place from March 16-18 at the Brussels Expo Centre in Belgium. For more information or to attend the seminar, visit www.worldbiofuelsmarkets.com.
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.
