BioCentric Energy Holdings Provides Important Shareholder Updates
23 Septiembre 2010 - 12:39PM
BioCentric Energy Holdings, Inc. (Pink
Sheets:BEHL)
President Monique Berry provided the following
shareholder update:
Ms. Berry stated, "The installation of the Company's commercial
closed loop photobioreactor systems this week in Death Valley
Junction, California is progressing extremely well. The first
quarter or CAB (controlled algae basin) is anticipated to be
complete today. The team has been digging the necessary
trenches for the water lines and tubing, setting guide wire,
installing tanks, welding electrical skids for the motors and the
PLC.
"Renovations and work on the DVJ building are underway and much
progress has been made over the past two weeks. The metal building
is being cleaned out this week and minor repairs will commence as
early as next week. Once cleaned, this building will be restored to
its historical state and will house an on-site laboratory and gift
shop. The modular building has been completely stripped and is
being remolded to facilitate an onsite office and guest quarters. A
satellite and video camera were installed in DVJ last weekend
allowing the Company to remotely monitor the entire site from
anywhere in the world."
"Today, Dennis Fisher, Chairman of the Board for BEHL, has
traveled out of state to meet with representatives of a very large
nutraceutical company interested in utilizing the Company's PBR
systems to produce commercial volumes of algae for their
nutraceutical products. 'This is a very promising opportunity,'
stated Ms. Berry. 'We've had several conference calls with this
potential client over the past two weeks and believe that their
interest in moving forward is immediate. It could be a very
synergistic relationship and I look forward to receiving feedback
from Dennis Fisher later today following his meeting.'
"At the BEHL headquarters, R&D manager Helmut Gass has
successfully developed a solution for efficiently cleaning and
sterilizing the PBR systems without the need of replacing the
plastic bags. Helmut's diligence and work to find a solution
will significantly reduce time and cost involved in replacing
plastic bags in the field.
"The laboratory staff is making significant strides over the
past two weeks in scaling up large volumes of Haematococcus in the
Company's cubes. This algae will be eventually transported to
Death Valley Junction where it will be inoculated into the PBR
systems.
"Overall, the BEHL team is very pleased with the progress being
made in Death Valley Junction and is eager to move on to the
Hawaiian project and others later this year."
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 the forward-looking statements.
CONTACT: BioCentric Energy Holdings
Monique Berry, President
714-966-1234
www.biocentricenergy.com
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