Biocentric Energy Holdings, Inc. (BEHL)

[BigCat]

BioCentric Energy to License Nevada Construction Company for Development of Multiple Acre Bio-Diesel & Livestock Feed Algae Farm
4 minutes ago - Market Wire

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BEHL 0.095 -5.09%
As of 1:50 PM ET 8/5/09

BioCentric Energy Holdings, Inc. (PINKSHEETS: BEHL) today announced the company has agreed to license a large Nevada Corporation a manufacturing license to build a multiple acre ALGAE farm in Nevada using the company's closed loop photobioreactor systems for the production of Bio-Diesel fuels for the company's fleet of commercial vehicles, construction equipment, and construction rental equipment.

A BioCentric Energy spokesperson commented, "This ALGAE farm will be the company's first multiple acre closed loop Photobioreactor system, dedicated specifically to the production of Bio-Diesel fuels. This is a huge advancement for BioCentric energy. The construction company who has asked for a non disclosure at this time operates and leases a large fleet of Diesel trucks and equipment in Nevada who are intent on converting their fleet to 'Green' running pollution free vehicles ahead of the 2010 emissions mandates for commercial diesel engines."

The design and planning process of the ALGAE farm is expected to begin this month, with preliminary plans to start construction of the first segment in October 2009. The completion of the entire ALGAE farm is anticipated to be by January 2010.

Part of the agreement also allows BioCentric Energy Holdings, Inc. to retain the 40% waste that can be used as livestock feed to create further revenue streams for the company.

BioCentric is excited and sees future possibilities of creating a hub for distribution of the Bio-Diesel in the Southwest U.S.

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