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SAN JUAN CAPISTRANO, CA -- (Marketwire) -- 07/15/09 -- BioCentric Energy Holdings, Inc.(PINKSHEETS: BEHL) Today announced the company is in serious negotiations to upgrade the company from the  Pink Sheets to the Bulletin Board Stock Exchange.

BioCentric President Dennis Fisher today commented,” the company has recently experienced significant growth and opportunities with tremendous worldwide support. The major Oil companies have now come to terms with the almost infinite “Green alternative fuel” opportunities which can be achieved from ALGAE based products, not only by reducing emissions and pollution to the world’s environment but significantly reducing fuel and environmental plastics costs worldwide. BioCentric has founded a multiple  patent pending low cost alternative to the worlds ALGAE production methods to meet these needs. Today major Oil companies such as Exxon announced a $600B investment (http://article.wn.com/view/WNAT3EF5B31087057728C2EDE8834D7DF997) into ALGAE research and development as an alternative fuel source for the “Green” future”, Dow Chemical’s have joined forces with alternative fuel companies with a similar investment with a view to achieving similar goals”.

Mr. Fisher further commented, “ BioCentric has had the remarkable opportunity to be a pilot developer in this huge upcoming industry, and along with the support of shareholders and environmentalists worldwide, the company feels by advancing to the bulletin board exchange the  documented growth financial responsibility and accountability will be readily available to all investors”.

BioCentric Energy today activated all systems on the company’s corporate photobioreactor  system in San Juan Capistrano, California. The system is expected to be fully “Green” and productive within the next ten days. This would be the company’s first full size revenue producing closed loop Photobioreactor system. Upon completion of this 1800 square feet system, the company will commence construction of an additional 4500 square feet unit at the same corporate facility.

Barry Cohen President of the National ALGAE Association (www.nationalalgaeassociation.com) when asked for his thoughts of BioCentric and the onsite Photobioreactor, his comments were, “BioCentric is the “Wal-Mart” of the Algae Business…they provide the most inexpensive solution, by a long shot… they looked at the business of algae farming and calculated how to make it significantly less expensive than anyone else…and their ongoing future developments will continue to hold that lead for the foreseeable future.”

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.       www.biocentricenergy.com & www.biocentricenergyalgae.com

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.

Contact:

Dale Baeten,

BioCentric Investor Relations:

Office: 920-273-7941