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The Shelf Life Breakthrough, and We Settle with MBD Energy

From: Riggs Eckelberry
Los Angeles, December 28, 2012

Good morning!

Shelf life is everything

Once our food industry worked out how to keep food from spoiling, it became a national — even global — industry. Major production centers like California’s Imperial Valley became exporters to the US and the world.

And so it goes with algae. By increasing shelf life from hours to days, we’ve made it possible for small, cheap algae farms to exist anywhere.

The Top 100

Thank you for voting for veteran algae grower and head of our algae division, Jose Sanchez, and for me too!

We are honored to be among the Top 100 People in Bioenergy, 2012-2013.

We settle with MBD Energy

As reported yesterday, we have now resolved our patent and commercial differences with our longtime customer and strategic partner, MBD Energy.

One great thing the MBD people did: they visited us back in October to talk things through and get to see our latest technology. Here’s a photo showing Managing Director Andrew Lawson in our labs with our team.

Thank you Andrew, that generous step paved the way to our agreement last week. We are very optimistic about the relationship going forward.

My best wishes to you for a fantastic 2013, and as always, thank you for your tremendous support!

Riggs and team

Riggs Eckelberry
President & CEO
OriginOil, Inc. (OOIL)

Popular Science: Algae Appliance™ Top 100 Innovation in “Best of What’s New” for 2012

Safe Harbor Statement:

Matters discussed in this update contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this update, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein, and while expected, there is no guarantee that we will attain the aforementioned anticipated developmental milestones. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.

 
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