BioCentric Energy President Provides Shareholder Update
16 June 2010 - 2:31AM
Monique Berry, President, and Board Member for BioCentric
Energy's (Pink Sheets:BEHL)
announced the
following Shareholder Update: Ms. Berry stated today, "I
am pleased to announce the following updates to our valued
shareholders:
1) The Company has been receiving inquiries from potential
clients interested in deploying closed-loop photobioreactor systems
in the Midwest states. Much of this interest stems from those
seeking avenues to stimulate the economy. Although temperature
constraints exist for closed-loop systems and the commercial
production of algae, BioCentric Energy's CAB system (controlled
algae basin) is designed to overcome many challenges related to
temperature. During a visit from one potential client last week,
Field Director Jose Sanchez explained that 'for latitudes above the
45th parallel our PBR systems will actually thrive because of the
colder temperatures and the high amounts of solar radiation that is
received for approximately 12 hours per day. This is comparable to
the high production of algae growth in the Northwest Pacific during
the summer months.' Currently, Mr. Sanchez is performing
feasibility analyses on a multitude of climates and conditions for
future deployment of BioCentric Energy's PBR systems worldwide.
2) During BioCentric Energy's daily staff meeting yesterday,
Algae Specialist Domini Maddox announced to the group 'the testing
of its proprietary algae strains for inoculation at various
locations in the United States is going remarkably well. We have
been emulating conditions inside our lab to mirror that of the
environment and temperatures at our commercial sites. Now that the
PBR has been inoculated, I will be testing the pH, nutrient levels,
temperature and other vital functions daily to ensure optimum
growth.'
3) The Company's Technical Supervisor, Pat Kuykendall has
replaced the 'pig' (ball to clean the algae tubes and remove
oxygen) with an improved version that is more durable and resistant
to the nutrients and CO2 that are inside the PBR system.
Furthermore, Mr. Kuykendall has developed and implemented a
procedure to slow the initial flow of the CO2 and water into the
PBR to improve mixing and lessen the stress on the bags.
4) Because of the growing interest and requests for additional
updates, BioCentric Energy will add a new page to its website
(www.biocentricenergy.com) that will display photos, information
and a more personal view of the company."
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 BEHL 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.
The BioCentric Energy Holdings, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7468
CONTACT: BioCentric Energy Holdings, Inc.
Monique Berry, President and Board Member
714-966-1234
www.biocentricenergy.com
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