Symbol: OOIL
Exchange: OTCBB
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Shares Outstanding: 143,430,050
Website: www.OriginOil.com
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California's OriginOil seeks better way to grow algae 12/31/2008
OriginOil Named One of Top 50 Bioenergy Companies by Biofuels Digest 12/22/2008
Renewable Energy Stocks Sector Close-Up; Market Strength Spreads Across Sector 12/17/2008
OriginOil Announces Successful Automation of Its Helix BioReactor System 12/16/2008
MoneyTV, Week of 12/12 12/12/2008
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Technology
The company’s technology, the Helix BioReactor™, is an advanced algae growth system that can grow multiple layers of algae biomass around-the-clock with daily harvests.
In a natural pond, the sun only illuminates one layer of algae growth, down to about half an inch below the surface. In contrast, the Helix BioReactor™ features a rotating vertical shaft with very low energy lights arranged in a helix or spiral pattern, which results in a theoretically unlimited number of growth layers. Additionally, each lighting element is engineered to produce specific light waves and frequencies for optimal algae growth.
The helix structure also serves as the bioreactor’s nutrient delivery system, through which the Quantum Fractured nutrients, including CO2, is evenly delivered to the entire algae culture, monitored and tuned for optimum growth.
Exponential Demand for Oil
Petroleum has fueled the world's energy needs for the past century. Today, rapid industrialization in once-developing countries such as China and India is dramatically increasing worldwide oil consumption. In 2007, global oil demand rose twice as fast as it had a year ago, reaching 36 billion barrels per year and a critical price point of more than $70 per barrel — a benchmark that has been greatly exceeded since. The Energy Information Association’s predicted global oil demand of 43 billion barrels per year by 2030 may well be reached long before that date.
Old Oil is a Problem
Unfortunately, oil supplies are decreasing. Producers are now drilling in ever-more-remote, war-torn and environmentally sensitive areas. On the way to running out of oil altogether, the world will experience serious shortages that will cause catastrophic economic dislocation and decades of continued fighting over the last remaining reserves.
In addition to being a fast-depleting resource, oil is a dangerous polluter and a major contributor to global warming when it is burned as a fuel — emitting over 3 billion metric tons of carbon dioxide per year into the atmosphere.
Replacing Oil Is a Challenge
Alternatives like hybrid, hydrogen and electric power are attractive but will take decades to phase in because they will require new infrastructure. Petroleum still powers the world today in the form of gasoline, diesel, jet fuel, fuel oil, as well as chemical products like plastics, solvents, fertilizers and pesticides.
Trillions of dollars are invested in the world’s oil infrastructure. The only viable replacement for petroleum is a new fuel that is cost competitive and can be used directly in the existing oil network. The world needs a new oil.
Management Profiles
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Investor Relations Contact
Michelle Manoff
Rubenstein Public Relations
212-843-8051
mmanoff@rubensteinpr.com
or
Investor Relations Contact:
Tom Becker
Toll-free: 877-999-OOIL(6645) Ext. 641
International: +1-323-939-6645
Fax: 323-315-2301
ir@originoil.com
Disclaimer: Corporate Profile as prepared and approved by featured company.
