Announcements

- Company’s Shares Approved for Trading over the Counter -

Los Angeles, CA – April 28, 2008 – OriginOil, Inc., the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced that the company’s shares have been approved for trading on the NASD’s Over-the-Counter Bulletin Board market under the symbol OOIL.

"We are very excited to go forth under our new trading symbol, OOIL," said Riggs Eckelberry, the Company's founder and President. "Current shareholders and potential new investors can use the symbol to obtain our current trading and financial information, as well as getting news about our company's developments and accomplishments. We are excited about the opportunity to take our breakthrough technology to the fast-growing renewable oil market.”