Renewed World Energy Completes Control System Installation for BioCentric Energy Holdings
28 April 2010 - 11:00PM
Marketwired
Aventura Equities, Inc. (PINKSHEETS: AVNE) announced today that
their majority owned subsidiary, Renewed World Energy, Inc.
("RWE"), has completed their engagement to engineer, build and
install a "state of the art," control system for the Bio-reactor
unit developed by BioCentric Energy Holdings (PINKSHEETS: BEHL).
The combined system, utilizing BioCentric's photobio-reactor and
RWE's control system, will be the complete algae growing system to
be marketed by their recently formed joint venture, Alta3 Global.
RWE's CEO, Rick Armstrong, and CTO, Tim Tompkins, arrived at the
Santa Ana, California site March 25th and completed the start-up
operations by March 30th. "The start-up was an unqualified
success," stated Rick Armstrong. Mr. Armstrong went on, "This
start-up is significant as we begin to market a working algae
growing system that will result in significant revenue streams for
both AVNE and BEHL through the joint venture enterprise."
"Having an engineered control system keeping a constant eye and
monitoring the growth and production of the algae in the closed
loop photo bio-reactor system is paramount to the successful
production and ultimate harvesting of uncontaminated algae
product," stated Dennis Fisher Chairman of BEHL. "We are now
confident that we can market a commercially viable algae photo
bio-reactor system through Alta3 Global; we are looking forward to
a long and profitable relationship with RWE and their professional
staff." Mr. Fisher went on to say, "We have already been in
discussions with prospective customers, some of whom have already
visited our system recently."
Safe Harbor Statement: This release includes forward-looking
statements intended to qualify for the safe harbor from liability
established by the Private Securities Litigation Reform Act of
1995. These forward-looking statements generally can be identified
by phrases such as AVNE or its management "believes," "expects,"
"anticipates," "foresees," "forecasts," "estimates" or other words
or phrases of similar import. Similarly, statements herein that
describe the Company's business strategy, outlook, objectives,
plans, intentions or goals also are forward-looking statements. All
such forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those in forward-looking statements.
Website: www.aventuraequities.com Website: www.rwenergies.com
Website: www.biocentricenergy.com
Aventura Equities Investor Relations Jeff Berkowitz
561-348-0524
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