BEHL Biocentric Energy Holdings Inc (CE)

BioCentric Energy Holdings, Inc.'s (Pink Sheets:BEHL) Founder and Chairman of the Board, Dennis Fisher, today announced several qualified candidates were interviewed for the position of CEO and management has identified a seasoned Harvard Graduate Business Professional with a proven track record of success to assume the position with the company.

Final negotiations are scheduled to resume this week and, upon mutual agreement of terms, the company will publicly announce the appointment.  Dennis Fisher further stated, "I believe this professional is what BioCentric needs to move the company to the next level."

Chairman of the Board, Dennis Fisher, today issued the following statement regarding the U.S. Securities and Exchange Commission's allegations that PennyStockChaser.com engaged in fraudulent stock promotional activities.  BioCentric was named by the SEC as being one of several subjects of the PennyStockChaser's promotions: "BioCentric did not hire, retain or authorize PennyStockChaser to conduct any promotional activities of any kind on its behalf. BioCentric does not condone PennyStockChaser's alleged practices as described in the SEC complaint and supports the SEC in its efforts to protect the interests of investors.  BioCentric, over the last year, has made extraordinary efforts to provide transparency to their shareholders via an extensive revision of the website, providing video cam access to the Santa Ana prototypes, Version Four, filing all necessary information with PinkSheets to remain in the 'Current Information' category, and provide germane informative press releases that inform and update our shareholders."  "The company is in the process of preparing all necessary documentation for the filing of a 15c-211 and from there to complete all necessary filings to ultimately become a fully reporting company."   Additional Information BioCentric Energy has received several confirmations and a good response thus far from its shareholders regarding the August 21, 2010, open house at the Company's headquarters in Santa Ana.  Also, BioCentric Energy has received interest from several potential clients and vendors who anticipate attending this event.  This will provide a great opportunity for Shareholders to interact and meet those who are helping to grow our operation.  To register for this event, please follow the BioCentric Energy website www.biocentricenergy.com and click-on the shareholders button.  A valued VAR of the Company, Ms. Venus Brightstar (mentioned in an earlier press release) informed the Team today that the tedious project selection has been completed by two of her clients (Native American tribes) and that BioCentric Energy's projects have been approved.  With extreme enthusiasm, Ms. Brightstar stated that, "the funding process is now underway."  BioCentric Energy will continue the due diligence for these projects to bring them to fruition. Following the installation of the new bags at the Company's headquarters this week, the Team anticipates traveling to Death Valley Junction to begin the installation of the corners and bags.  Also, construction on the DVJ modular building will begin and will house the laboratory and necessary equipment to help run the PBRs.  Today, the Company provided a letter of intent and quote to a potential client interested in the immediate purchase of 4 acres of PBRs located on the Death Valley Junction site. The BioCentric Energy Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7468 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.

CONTACT:  BioCentric Energy Holdings, Inc.
          Monique Berry, President
          714-966-1234
          www.biocentricenergy.com