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OriginOil, Inc. (OOIL.OB) Launches First Mobile Extraction Lab to Potential Customers

|Includes: OriginClear, Inc. (OCLN)

OriginOil Inc. is the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum. The company’s technology will produce “new oil” from algae through a cost-effective, high-speed manufacturing process. Details on the OriginOil’s technology can be found at its website

The company today announced that it recently launched MAZ ONE, its first mobile algae extraction laboratory. The trailer-based system will visit algae producing companies in the United States to demonstrate how OriginOil’s Single Step Extraction Process can help them harvest their algae efficiently and cost-effectively. The system is capable of extracting oil at a rate of five gallons per minute, enough to demonstrate feasibility to potential customers.

“Algae can’t succeed as a biofuel without an economical and energy-efficient way to harvest it,” said Riggs Eckelberry, CEO of OriginOil, “That’s why algae companies are eager to test our process as soon as possible.” Mr. Eckelberry has called for closer industry collaboration and algae companies’ need to get algae production scaled up quickly to meet fast-expanding demand.

Mr. Eckelberry noted that the MAX ONE mobile laboratory is more than just a strategy to sell more extraction systems. “Every algae strain out there has its own extracting profile, and there are thousands of strains. This is a great chance to document all the different strains which will help us roll out through partners worldwide.” While it is currently working with pioneering producers, OriginOil plans to work in the future through country and regional partners, as well as specialized manufacturers and service organizations worldwide.

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