OriginOil Joins Idaho National Laboratory in Project Proving Algae for Biofuels
27 January 2015 - 7:01PM
Business Wire
Disinfection capabilities of OriginOil technology may help make
giant open-air ponds feasible for large-scale fuels production
OriginOil, Inc. (OTC/QB: OOIL), developer of Electro Water
Separation™ (EWS), the high-speed, chemical-free process to clean
up large quantities of water, announced today that it is
collaborating with the Idaho National Laboratory (INL) of the U.S.
Department of Energy. A proposed project focuses on development and
implementation of novel approaches to improve efficiency in algal
biofuel production.
Together, OriginOil and INL have submitted a proposal in
response to a Funding Opportunity Announcement (FOA) titled
Targeted Algal Biofuels and Bioproducts (TABB). The TABB FOA seeks
alternative pathways to overcome two of the key barriers to
commercializing algal biofuels: the high cost of producing algal
biomass and the low yield of target biofuel and bioproduct
feedstocks produced from algae.
“The proposed work scope complements current Department-funded
work at INL, which focuses on the development of productive, stable
polycultures,” Deborah T Newby, Ph.D., INL Senior Staff Scientist
and Algal Biofuels Lead, said. “Specifically, this proposed
research will facilitate testing to advance the understanding of
using algae in developing sustainable fuels.”
Algae cultures that are open to the environment are susceptible
to contamination by rotifers and other grazing organisms such as
amoebae, ciliates, bacteria, and fungi. These contaminants have a
large adverse impact on algae productivity and can “crash” algae
cultures in a short period of time. OriginOil will use its Algae
Screen™ technology, which disinfects algae cultures continuously by
selectively damaging or killing these contaminants while having
minimal impact on the algae.
Open ponds in particular are challenging to utilize for cultured
algae strains, as opposed to natural blooms, because of the ease by
which contaminants and competitors are inadvertently introduced.
Raceways, tubs, and other open containers have similar issues with
contaminants, and even small, covered vessels may become infested
if the culture medium is not sufficiently disinfected prior to
inoculation.
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About OriginOil, Inc.
OriginOil has developed a breakthrough water cleanup technology
for the oil & gas, algae and other water-intensive industries.
Unlike other technologies, the company's patent-pending Electro
Water Separation™ process rapidly and efficiently removes organic
material from large quantities of water without the need for
chemicals. For the oil & gas industry, OriginOil is helping
clean up produced water and recycle fracking water, to reduce harm
to the environment and lower costs. For the emerging algae
industry, OriginOil is making large-scale harvest possible. And in
aquaculture, OriginOil is helping improve yields and making seafood
healthier by dramatically reducing the levels of toxic ammonia and
bacteria in water. For a world short on clean water, OriginOil is
the lower-cost and cleaner answer. To learn more about OriginOil®,
please visit our website at www.originoil.com.
OriginOil Safe Harbor Statement:
Matters discussed in this release contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. When used in this update, 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.
Abstract:
OriginOil joins Idaho National Laboratory in project proving
algae for biofuels; Disinfection capabilities of OriginOil
technology may help make giant open-air ponds feasible for
large-scale fuels production
Key Words:
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Laboratory, INL, electro water separation, EWS, algae screen, algae
cultures, Riggs Eckelberry, invest algae, new oil, algae oil,
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commercialization, algae harvesting, renewable crude oil, algae
extraction, algae harvester, commercializing algal biofuels,
Deborah T Newby
Press Contact:Antenna Group – a Beckerman CompanyJerry
Schranz201-465-8020jerry@antennagroup.comorInvestor Relations
OriginOil:Tom BeckerToll-free: 877-999-OOIL (6645) Ext.
3International: +1-323-939-6645 Ext. 3Fax:
323-315-2301ir@originoil.comwww.originoil.com
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