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Tuesday, 06/29/2010 6:39:25 AM

Tuesday, June 29, 2010 6:39:25 AM

Post# of 111729
Good news out this morning!!!

SANTA ANA, Calif., Jun 29, 2010 (GlobeNewswire via COMTEX) -- BioCentric Energy
Holdings, Inc. (Pink Sheets:BEHL) announced MAJOR algae growth in the company's
closed loop PhotoBioreactor systems after significant enhancements to the tubing
materials.

Company President Monique Berry stated today, "I am pleased to announce the
following results as a major improvement to our PBR closed Loop systems tubing
enhancements."

Ms. Berry stated, "Within a week of inoculating the commercial test PBR system
at the Company's headquarters in Santa Ana, CA, the algae has grown and is
thriving exceeding all projections and expectations. With the controlled
exposure of the sun's rays, nutrients, water, temperature control and other
elements, the company's closed-loop system created a perfect environment for the
algae to grow at an enhanced level."

View the system live (Watch Algae Grow) at:
http://99.89.143.46:8081/CgiStart?page=Single&Language=0

Currently the PBR hardware and components have been optimized and are requiring
minimal maintenance and supervision. BioCentric lab technicians are monitoring
the pH levels and recording the algae vital stats 24/7.

Although the Company has replaced the former plastic tubing with highly robust
durable plastic tubing (warrantied for 2 years) BioCentric Energy is extremely
confident in their PBR systems ability and IP to consistently grow mass
quantities of algae in a sterile environment at surpassed levels offered by
competitors. BioCentric Energy's Field Operations Director, Jose Sanchez, has
been validating the algae production in the commercial demo PBR this past week
and stated, "We have met and surpassed the commercial production rates for
growing algae beyond all previous levels of expectation."

BioCentric Energy's secondary gravity-fed PBR system also located at the
Company's Santa Ana, CA headquarters is now operational and will be inoculated
with a proprietary algae strain within the week. This PBR system will test the
growth rates and nutrient requirements in a commercial environment.

The Company's first commercial JV site located in DVJ (Death Valley Junction CA)
, is progressing as planned and BioCentric Energy is meeting all projected
timelines for the project. After the successful deployment of the 4 CAB
(controlled algae basin) liners last week, BioCentric Energy Founder Dennis
Fisher enthusiastically commented, "Earlier we confirmed that the DVJ site had a
plentiful water source that would be used in the CAB to keep the algae cool and
at a stable temperature. Surprisingly, the water is 15 degrees colder than
anticipated. This will greatly help with the cooling operation and may increase
the growth rate of the algae."

In the weeks prior to July 7th, (the anticipated delivery date for the enhanced
PBR plastic tubing) the Company's lab technicians will be working assiduously to
scale up algae inoculum for the Wall Unit and Cubes. When the new PBR system is
operational, the algae inoculum from these units (Wall and Cubes) will be placed
into BioCentric Energy's PBR system. This will also serve as the inoculum that
will be delivered and used at the DVJ site.

Ms. Berry further commented, "As today is the last Tuesday of the month, the
Company will be releasing its "In Touch Tuesday Newsletter" to all shareholders
subscribing to the mailing list. To receive the BioCentric Energy newsletter
please visit the Company's website www.biocentricenergy.com and fill out the
mailing list form."