- Dr. Vikram Pattarkine to address promises and challenges for algae-to-oil technology -
Los Angeles, CA – March 12, 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 that the company’s Chief Technology Officer, Dr. Vikram Pattarkine, will address the Algae World 2009 Conference in Rotterdam, the Netherlands, on April 27, 2009.
Algae World 2009 is a two-day conference dedicated towards providing objective insights on the commercial production of algae, with an in-depth focus on the latest advances and constraints in algae cultivation, harvesting and processing. The event serves as a platform for the algae community to meet, pinpoint and discuss key strategies adopted by successful algae businesses in integrating future and upcoming trends into their business value chains.
This year’s guest list includes executives from leading industry players, including SBAE Industries, Ingrepro, the Centre for Sustainable Engineering, the Centre d’Etude et de Valorisation des Algues (CEVA), and POS Pilot Plant Corporation, among many others.
Algae World 2009 will take place from April 27-28 at the Van der Valk Hotel Ridderkerk in Rotterdam, the Netherlands. For more information or to attend the seminar, visit http://www.futureenergyevents.com/algae/attend/ .
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.
