OriginOil, Inc. (OOIL.OB) to Present First-Ever Algae Productivity Model at Conference
OriginOil Inc. is developing a breakthrough technology that will transform algae into a true competitor to petroleum. Algae is considered to be a very promising source of renewable oil as evidenced by Exxon's recent $600 million investment into the industry. OriginOil has announced that the company's CEO, Riggs Eckelberry, and chief scientist, Dr. Vikram Pattarkine, will present the industry's first-ever comprehensive algae productivity model to industry leaders and fellow members at the National Algae Association's quarterly conference, entitled “Algae: The New Oil”, in Houston on September 18, 2009. OriginOil's interactive model defines the raw material inputs, quantifies the efficiency of…