Algae-To-Oil Pioneer OriginOil Appoints Adam Meislik To Company Board Of Directors
– New Director Brings Extensive Experience in Private and Public Capital Markets –
Los Angeles, CA – March 25, 2009 – OriginOil, Inc. (OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, announced the appointment of Adam Meislik to the company’s Board of Directors, effective immediately.
With a long history of advisory and private and public capital markets transactions, Meislik has successfully structured and closed over 100 equity and debt transactions, mergers, acquisitions and restructurings with an aggregate value of over $10 billion. In his ten-year history with CIBC World Markets, a full-service investment bank, Meislik developed and managed hundreds of relationships with high-growth companies and sponsors in technology and energy sectors.
Meislik presently serves on the Board of Directors of Lateral Data, a leading provider of software and services supporting e-discovery, and is a member of numerous professional organizations, including the Turnaround Management Association, Association for Corporate Growth and the Forum for Corporate Directors. He graduated from Tulane University with a Bachelor of Science in Management and currently resides in Irvine, California with his wife and two children.
Safe Harbor Statement:
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this release, 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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