OriginOil to Establish Permanent Technology Showcase near California’s Salton Sea
Sustainability pioneer Aqua Farming Tech agrees to operate its 120-acre farm as a showcase for OriginOil’s Electro Water Separation™ processes
Los Angeles, CA – July 10, 2013 – OriginOil, Inc. (OTC/QB: OOIL), developer of Electro Water Separation™, the high-speed, chemical-free way to clean up very large quantities of water used by the oil & gas, algae and other water-intensive industries, announced today that it will establish a permanent technology showcase at Aqua Farming Technology, a leader in sustainable fish farming since 1993 in California’s Coachella Valley
“At Aqua Farming Tech, Rocky French operates a 120-acre model of sustainability,” said Riggs Eckelberry, OriginOil CEO. “We’re honored that he’s working closely with us to set up a permanent showcase within driving distance of our headquarters in Los Angeles.”
“We’ve hit the limit of what we can do in our Los Angeles lab,” said Nicholas Eckelberry, OriginOil co-founder and chief inventor. “We need lots of algae and big fish ponds to demonstrate how our systems work. Beyond that, industry groups already fly in to view Rocky’s sustainable practices, which gives us a very high profile. I can’t wait to get to work with him.”
In addition to hosting the commercial showcase, New Global Energy (OTC/QB: NGEY), owner of the Aqua Farming tech site, will help OriginOil develop sales prospects in the Asia-Pacific region and elsewhere, taking full advantage of Rocky French’s extensive industry network.
“This is a win-win for all parties,” said Perry West, Chairman of New Global Energy. “OriginOil’s systems will help show off our tools to relaunch the Coachella Valley fish farming industry, and OriginOil gets its full-scale demonstration site. We plan to invite aqua farmers from all over the world to visit the site and see for themselves.”
In June, OriginOil demonstrated at the Aqua Farming Tech site (see video) that by adopting OriginOil’s Electro Water Separation (EWS), farms can free up valuable land lost to filtration ponds, and reduce or eliminate expensive chemicals and antibiotics. The system also allows fish farmers to quickly harvest algae and pelletize it for highly nutritious and cost-effective fish feed.
According to a 2013 study, World Aquaculture: Feed, Equipment & Chemicals, by Freedonia, world demand for aquaculture supplies and equipment is expected to grow 7.4 percent per year to $63.6 billion in 2017. More intensive aquaculture will require a greater variety of equipment, including pumps, filters, feeders, water quality monitors, and water treatment equipment.
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