Biocentric Energy Holdings to file additional provisional patent to enhance efficiency & capital reduction of cost of algae pro photobioreactor system
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SAN JUAN CAPISTRANO, CA - 6/30/09 -- BioCentric Energy Holdings, Inc.(PINKSHEETS: BEHL) provides corporate update for shareholders:
Dennis Fisher, CEO, BioCentric Energy Holdings, Inc. today announced that the company decided to move forward in filing an additional provisional patent to enhance the Algae Pro closed loop Photobioreactor system. Specifically, the company’s unique 180 degree “turn” has been redesigned again after the wet test to enhance the efficiency and significantly reduce capital costs.
Mr. Fisher commented about the new filing stating, "Our team has been modeling our new “turns” for ease of install, maximize the flow efficiency, and reduce the costs associated with the construction. Our third generation of 180 degree “turns” is our most advanced solution for our purposes to date.
The company is making significant progress in the construction of the 1700 square feet closed loop photobioreactor at the San Juan Capistrano corporate facility, with plans to immediately start construction of a 4500 square feet photobioreactor upon completion.
BioCentric Energy Holdings is currently in negotiations with several environmentally orientated websites interested in showcasing the company as one of the up and coming leaders in the "GREEN" related industry.
About BioCentric Energy Holdings, Inc.
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: 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.
Contact: BioCentric Investor Relations
Investor Relations: Dale Baeten
Office: 920-273-7941
Website: www.biocentricenergy.com
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