BEHL -- BioCentric Energy Holdings, Inc. -- BioCentric Energy Algae Signs a Memorandum of Understanding With Amargosa Opera Hous
March 11 2009 - 9:02AM
Marketwired
BioCentric Energy Algae has evaluated the potential and authored
terms of a Memorandum of Understanding to move forward with
building the "Algae Pro closed loop Photobioreactor" in Death
Valley Junction in California on property owned by the Amargosa
Opera House, LLC.
Dennis Fisher, Board Member and President for BioCentric Energy,
Inc. (PINKSHEETS: BEHL), stated today, "In May 2004 the National
Renewable Energy Laboratory released radiation data (PAR Data or
Photosynthetically Active Radiation) and defines Death Valley
Junction area, using inputs derived from both satellite and surface
observations of cloud cover, aerosol optical depth, atmospheric
pressure, water vapor and other variables as one of the most
advantageous areas for our use in the United States of America."
Mr. Fisher went on to state, "It is also a known fact that there is
an aquifer three feet from the surface to provide more than
sufficient amounts of water and we can place our large algae water
storage tanks below ground and utilize the cooling needs in the hot
weather and the warming needs for the cold winter nights.
BioCentric Energy Algae will be the first company operating a 3
acre closed loop photobioreactor solution in the USA, and the
company plans to have more operational farms over the next 2
years."
The Team of BioCentric Energy Algae delivers cost effective
photobioreactor systems that take the emissions from smoke stacks,
and in a closed loop environment, grow algae for production and
harvest profitably.
BioCentric Energy, Inc. is dedicated to the development of new
technologies as well as acquiring and fostering companies with
innovative technologies designed to provide unique and effective
green energy solutions for the 21st century. Along with the
cultivation of important relationships and partnerships with
synergistic entities, BioCentric Energy has devoted substantial
time and effort in research and development in order to bring a
range of innovative green alternatives to the marketplace.
Safe Harbor Statement:
Except for historical information contained herein, the matters
set forth above may be forward-looking statements that involve
certain risks and uncertainties that could cause actual results to
differ from those in the forward-looking statements. Words such as
"anticipate," "believe," "estimate," "expect," "intend" and similar
expressions, as they relate to the Company or its management,
identify forward-looking statements. Such forward-looking
statements are based on the current beliefs of management, as well
as assumptions made by and information currently available to
management. Actual results could differ materially from those
contemplated by the forward-looking statements as a result of
certain factors such as the level of business and consumer
spending, the amount of sales of the Company's products, the
competitive environment within the industry, the ability of the
Company to continue to expand its operations, the level of costs
incurred in connection with the Company's expansion efforts,
economic conditions in the industry and the financial strength of
the Company's customers and suppliers. The Company does not
undertake any obligation to update such forward-looking statements.
Investors are also directed to consider all other risks and
uncertainties.
For more information, please contact: Company Contact: Mr.
Dennis Fisher CEO and President BioCentric Energy (BEHL) Email:
Email Contact http://www.BioCentricEnergyAlgae.com
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