Instead of waiting for hundreds of millions years for algae to become oil, OriginOil’s breakthrough process transforms algae into oil in a matter of days.
- CEO Riggs Eckelberry will discuss standardization
of algae production -
Los
Angeles, CA - September 11, 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, today announced that Riggs Eckelberry, CEO of
OriginOil, will be a featured speaker on November 17 at the Algae World
'08 conference in Singapore. He will discuss the company's initiative to
standardize algae production.
Organized by the Centre for Management Technology,
which specializes in international petrochemical conferences focused on
renewable energy sources, Algae World will examine the cost-efficient
commercialization of algae biofuels, as well as the latest advances in
cultivation, harvesting and processing.
The conference will be held at the Swissôtel Merchant Court Singapore.
Eckelberry will speak on "Algae for Fuel: Promises
and Challenges." His presentation,
scheduled for 9:40 a.m. on
Monday, November 17, will cover specific technology issues involved with the
production of algae for oil and solutions to overcome technology
challenges. He also will discuss a
standardized approach to algae production and commercialization.
"I am very pleased that Riggs Eckelberry will be joining us from
OriginOil," said conference chairman Russell Teall,
president of Biodiesel Industries, Inc. He continued, "OriginOil's
technology and business model are intriguing and could help set the standards
for the emergence of algae as a fuel that can rival petroleum."
"Algae offers tremendous potential as an energy
resource and petroleum replacement in all sorts of applications, including
gasoline, diesel, plastics and solvents," Eckelberry said. "This conference will provide critical
information on algae cultivation and algae fuel production."