BioCentric Energy Holdings to License Algae Equipment Distributors
July 08 2009 - 6:00AM
Marketwired
BioCentric Energy Holdings, Inc.(PINKSHEETS: BEHL) Press Release:
Dennis Fisher, CEO, BioCentric Energy Holdings, Inc. today
announced: "The company has been receiving a significant increase
in the number of inquiries regarding the process of producing
specific strains of Algae and the availability of the company's
patent pending closed loop photobioreactor equipment."
Mr. Dennis Shen the company's COO commented, "In light of the
recent worldwide exposure via the media networks for Algae
solutions, and after a number of serious inquires for potential
franchise opportunities, we decided to open negotiations with
several interested parties. As a result of the negotiations the
company now has two West Coast entities who have shown a serious
interest in moving forward with distributorship agreements for
licensing the company's closed loop photobioreactor systems and the
purchase of the raw Algae materials needed to commence farming
operations."
BioCentric Energy Holdings is in the process of finalizing draft
licensing agreements, which will potentially lead to a larger
worldwide opportunity for the company to license more distributors
and simultaneously increase the sales of photobioreactor systems
along with a supplier network for the purchase of the company's
strains of raw Algae materials.
Mr. Shen further commented, "The licensing fees for dealers in
discussion start at $250,000 per license for a 5 year license. This
gives the dealer the right to re-sell a closed loop Algae
bioreactor at $86,000 per acre and still make a good profit margin
on the Investment."
BioCentric Energy Holdings, Inc. has recently received several
celebrity endorsements for the company's motivation and dedication
to help build a worldwide "Green" environment which can be viewed
on the website. The company was recently featured on the homepage
of www.emergingGreencompanies.com a media company also dedicated to
public awareness of companies who are "Going Green."
About BioCentric Energy Holdings, Inc. www.biocentricenergy.com
& www.biocentricalgae.com
BioCentric Energy Holdings, 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: 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.
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Contact: Dale Baeten BioCentric Investor Relations Office:
920-273-7941
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