BioCentric Energy Gears Up to Complete Commercial Site in Death Valley Junction, California
August 24 2010 - 2:48PM
BioCentric Energy Holdings, Inc. (Pink Sheets:BEHL) President,
Monique Berry today provides updated on commercial projects and
contracts:
"The BioCentric Energy technical team is working at its
headquarters this week preparing and assembling all components of
the commercial PBR system for the Death Valley Junction, California
site. The team is in the process of loading the 20ft trailer that
recently arrived from South Carolina last Friday, with the PBR
corners, plastic tubes, breathing apparatus, skid, motors and other
parts necessary in completing the installation. The BioCentric
Energy team anticipates that the first half of its client's
one-acre system will be operational by the end of next week.
BioCentric Energy is finalizing contracts with Kuehnle
AgroSystems, a Hawaiian company purchasing the Company's PBR
systems for research and development of their algae strains,
bio-fuels and several other applications. Kuehnle's
Chairman of the Board exhibited at BioCentric Energy's open house
last Saturday and took the opportunity to meet several BEHL
shareholders and investors. "We are looking forward to
deploying our PBR systems for Kuehnle in the 4th quarter this
year," Stated BEHL President, Monique Berry. "The environment
and temperature in Hawaii are quit ideal for growing algae and we
believe Kuehnle will be able to maximize their algae growth by
utilizing the Company's PBR systems."
A local Southern California Native American Indian tribe is
currently in the qualification phase of purchasing BEHL's 10-acre
PBR system. Upon qualification, the Company will
receive the first payment for this project by the end of August.
"It is our goal," stated Ms. Berry, "to deploy these systems in the
4th quarter of 2010 as well as the Hawaiian sites." To meet
the demands and timeframes of these projects, BioCentric Energy
will begin its training program for site deployment in the next 3-4
weeks.
BioCentric Energy and BNPD will be meeting this week to discuss
detailed production plans, shipments and deliveries of BEHL and its
client's commercial algae. Shareholders will receive updates as
things progress with BNPD.
The BioCentric Energy open house was well received by all and
allowed shareholders, investors and potential clients the
opportunity to meet the BEHL team, share ideas, ask questions and
see the working commercial PBR systems. The feedback was so
positive that the Company is now considering holding an annual open
house next year. All shareholders are encouraged to e-mail in their
feedback or ideas for future shareholder events.
Safe Harbor Statement: This release includes forward-looking
statements intended to qualify for the safe harbor from liability
established by the Private Securities Litigation Reform Act of
1995. These forward-looking statements generally can be identified
by phrases such as BEHL or its management "believes," "expects,"
"anticipates," "foresees," "forecasts," "estimates" or other words
or phrases of similar import. Similarly, statements herein that
describe the Company's business strategy, outlook, objectives,
plans, intentions or goals also are forward-looking statements.All
such forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from those in forward-looking statements.
The BioCentric Energy Holdings, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7468
CONTACT: BioCentric Energy Holdings, Inc.
Monique Berry, President
Office: 714-966-1234
www.biocentricenergy.com
Biocentric Energy (CE) (USOTC:BEHL)
Historical Stock Chart
From Nov 2024 to Dec 2024
Biocentric Energy (CE) (USOTC:BEHL)
Historical Stock Chart
From Dec 2023 to Dec 2024