OriginOil’s Breakthrough Harvesting Technology Spotlighted In Launch Of French Urban Algae Program
OriginOil, Inc. (OTC/BB: OOIL), the developer of a breakthrough energy production process for harvesting algae and cleaning up oil & gas water, announced today that its Algae Appliance™ was spotlighted as a key process in the recent grand opening of an urban algae showcase near Paris, France.
The grand opening of the showcase building in the iconic La Défense complex near Paris featured algae growth systems developed by Ennesys, supported by OriginOil’s Algae Appliance™ in the harvesting phase. Over two hundred attendees from the European construction industry viewed the operational system during the opening reception ( photo gallery). Major media coverage came from Reuters and French national television.
“OriginOil has been incredibly responsive to our ambitious timetable,” said Pierre Tauzinat, Ennesys CEO. “With them, we are learning how to scale up algae for energy and wastewater purification in buildings. Their processes and expertise are greatly appreciated.”
“I congratulate the Ennesys team for rolling out an urban algae showcase in just over a year,” said Riggs Eckelberry, OriginOil CEO. “That they have such strong support from French builders is amazing, too. We are very happy with our Ennesys partnership and look forward to helping them scale up their systems commercially.”Paris-based Ennesys, in which OriginOil holds a founding stake, was engaged by large French developers to see if algae production could help meet France’s ambitious mandate that by 2020, all new buildings must generate more clean energy than they consume, and must purify and recycle water naturally. As shown in a company video, OriginOil shipped OriginOil’s entry-level Algae Appliance to Ennesys in July. The entry-level unit is designed to process up to four liters (about a gallon) of dilute algae water per minute, intermittently or continuously, without the use of chemicals, into an algae concentrate (see specifications). This low-energy process can help generate clean energy for a building complex while also helping with water purification. Tweet this: OriginOil’s Breakthrough Harvesting Technology Spotlighted in Launch of French Urban Algae Program http://www.originoil.com/?p=8934 Follow us on Twitter Like us on Facebook Signup for our Newsletter About OriginOil, Inc. OriginOil has developed an energy production process for harvesting algae and cleaning up oil & gas water. Operating at the first stage of extraction, this high-speed and chemical-free process can be embedded in other systems to improve performance. Originally invented to solve the biggest problem in algae production, it is now finding demand in oil and gas fracking and production water cleanup, an immediate and fast-growing market that desperately needs clean technology solutions. To learn more about OriginOil®, please visit our website at www.originoil.com. Safe Harbor Statement: Matters discussed in this update 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.
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