OriginOil Exhibits in Green Tech Expo at Border Governors Conference Chaired by Gov. Schwarzenegger
– Company Displays Its Innovative Algae-to-Oil Technology at Los Angeles Green Tech Expo –
Los Angeles, CA – August 14, 2008 – OriginOil, Inc. (OTCBB: OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced its participation for the first time as an exhibitor at an alternative energy conference: the Green Tech Expo, held this month in conjunction with the Border Governors Conference, hosted by Governor Arnold Schwarzenegger. OriginOil will show visuals of its Helix BioReactor™ prototype, and discuss company plans with prestigious dignitaries at Expo Booth 302.
The Expo will be held on August 14-15, 2008 at the Hilton Los Angeles in Universal City. It opens with a tour by the Governors through the exhibit hall and will then be open to the public. The theme of this year’s conference is “Building Green Economies” and will be attended by Governors of border states from both the United States and Mexico, as well as U.S. Senators, Cabinet Secretaries, representatives of the environmental and business communities.
“We chose to exhibit for the first time at the Green Tech Expo in Los Angeles because we are based here and because our region, including the border states and Mexico, will play a central role in the alternative energy future of the world,” said Riggs Eckelberry, OriginOil’s president and chief executive officer. “We are dedicated to delivering our breakthrough technology to help propel the algae-to-oil revolution.”
“The need for clean, sustainable energy sources is a defining issue for this new century,” said Bob Graves, president of Green Technology, organizers of the Green Tech Expo. He added, “The work that OriginOil is doing exemplifies the kind of innovation that is needed to meet this challenge.”
The Border Governors represent the ten Border States of Arizona, Baja California, California, Chihuahua, Coahulia, Nuevo Leon, New Mexico, Sonora, Tamaulipas and Texas. This year, the Border Governors Conference – at which government officials from these states work together on a range of cross-border issues – has alternative energy and environmental issues on the top of its agenda.
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