Wednesday, July 15, 2009 9:05:05 AM
Press Release
Source: BioCentric Energy Holdings, Inc.
On Wednesday July 15, 2009, 6:00 am EDT
BioCentric Energy Holdings, Inc. (Pinksheets:BEHL - News) today announced the company is in serious negotiations to upgrade the company from the Pink Sheets to the Bulletin Board Stock Exchange.
BioCentric President Dennis Fisher today commented, "The company has recently experienced significant growth and opportunities with tremendous worldwide support. The major Oil companies have now come to terms with the almost infinite 'Green alternative fuel' opportunities which can be achieved from ALGAE-based products, not only by reducing emissions and pollution to the world's environment but significantly reducing fuel and environmental plastics costs worldwide. BioCentric has founded a multiple patent pending low cost alternative to the world's ALGAE production methods to meet these needs. Today major Oil companies such as Exxon announced a $600B investment (http://article.wn.com/view/WNAT3EF5B31087057728C2EDE8834D7DF997) into ALGAE research and development as an alternative fuel source for the 'Green future,' and Dow Chemical's have joined forces with alternative fuel companies with a similar investment with a view to achieving similar goals."
Mr. Fisher further commented, "BioCentric has had the remarkable opportunity to be a pilot developer in this huge upcoming industry, and along with the support of shareholders and environmentalists worldwide, the company feels by advancing to the Bulletin Board exchange the documented growth financial responsibility and accountability will be readily available to all investors."
BioCentric Energy today activated all systems on the company's corporate photobioreactor system in San Juan Capistrano, California. The system is expected to be fully "Green" and productive within the next ten days. This would be the company's first full size revenue producing closed loop Photobioreactor system. Upon completion of this 1800 square foot system, the company will commence construction of an additional 4500 square foot unit at the same corporate facility.
Barry Cohen, President of the National ALGAE Association (www.nationalalgaeassociation.com), when asked for his thoughts of BioCentric and the onsite Photobioreactor, his comments were, "BioCentric is the 'Wal-Mart' of the Algae Business...they provide the most inexpensive solution, by a long shot... they looked at the business of algae farming and calculated how to make it significantly less expensive than anyone else...and their ongoing future developments will continue to hold that lead for the foreseeable future."
MORE:
View this release in video format -- http://vodnewswire.com/vodnewswire/news/biocentric-energy-20090715/
Contact:
Dale Baeten,
BioCentric Investor Relations
Office: 920-273-7941
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