LOS ANGELES--(BUSINESS WIRE)--
OriginOil Inc. (OTC/QB: OOIL), developer of Electro Water Separation™ (EWS), the high-speed, chemical-free process to clean up large quantities of water, today announced that it recently agreed to a collaborative exchange of equipment and information with the Catalina Sea Ranch, the first offshore shellfish ranch in U.S. Federal waters.
OriginOil will provide its demonstration-scale EWS Algae Model 12 system to Catalina Sea Ranch, that will use it to treat incoming seawater and harvest algae to feed its shellfish nursery and selective breeding program. Catalina Sea Ranch will provide independent data on the efficiency and use of the machine, and will give OriginOil access to its nursery for field research.
“We are delighted with this partnership,” said Phil Cruver, CEO of Catalina Sea Ranch. “Southern California Marine Institute, where our shellfish nursery is located, has a sophisticated closed filtration seawater system, and we believe OriginOil’s A12 will help remove dissolved nitrogenous waste, biological contaminants such as algae and bacteria, and chemical contaminants such as heavy metals.”
Cruver added: “On the feed side, we are excited to use the A12 to harvest algae as feed for our nursery. This dual use is another first for Catalina Sea Ranch, America’s innovative deepwater shellfish program.”
“Catalina Sea Ranch, which is monitored by leading Southern California institutions, is the perfect place for us to test and validate our process,” said Nicholas Eckelberry, OriginOil Chief Research Officer. “Here is a compact, high-efficiency solution to the dual problems of water cleanup and making inexpensive, high quality algae to feed nurseries and hatcheries. We expect this program to get a lot of attention throughout the global seafood industry.”
In January, the California Coastal Commission unanimously approved Catalina Sea Ranch’s application for a 100 acre shellfish farm in January. This was one of the few supportive policy measures for aquaculture enacted by the US state government in recent years, a positive sign for the industry.
According to Catalina Sea Ranch, its operations will be monitored by leading institutions specializing in marine ecology and spatial planning. This will provide science-based data for evaluating any environmental and social impacts from the 100-acre shellfish ranch.
These institutions include the Wrigley Institute for Environmental Studies, Scripps Institution for Oceanography, Southern California Marine Institute, California State University Long Beach, Ocean Studies Network, National Ocean Tracking Network, NOAA’s Integrated Ocean Observing System, NOAA’s National Marine Fisheries Service Shellfish Aquaculture Laboratory in Milford, and NOAA’s Southwest Fisheries Science Center.
Lockheed Martin will provide technical consultation and remote sensing data analyses. Participation by this global technology leader for reviewing the engineering concepts and validating results as a trusted third party provides transparent and objective credibility for this pioneering program.
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About OriginOil, Inc.
OriginOil has developed a breakthrough water cleanup technology for the oil & gas, algae and other water-intensive industries. Unlike other technologies, the company's patent-pending Electro Water Separation™ process rapidly and efficiently removes organic material from large quantities of water without the need for chemicals. For the oil & gas industry, OriginOil is helping clean up produced water and recycle fracking water, to reduce harm to the environment and lower costs. For the emerging algae industry, OriginOil is making large-scale harvest possible. And in aquaculture, OriginOil is helping improve yields and making seafood healthier by dramatically reducing the levels of toxic ammonia and bacteria in water. For a world short on clean water, OriginOil is the lower-cost and cleaner answer. To learn more about OriginOil®, please visit our website at www.originoil.com.
OriginOil Safe Harbor Statement:
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this update, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with our history of losses and our need to raise additional financing, the acceptance of our products and technology in the marketplace, our ability to demonstrate the commercial viability of our products and technology and our need to increase the size of our organization. Further information on the Company's risk factors is contained in the Company's quarterly and annual reports as filed with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
Abstract: OriginOil and Catalina Sea Ranch agree to collaborative research program; unique deepwater shellfish project will provide a research and innovation platform for OriginOil’s water cleanup and algae harvesting technology
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