OriginOil Inc.s Breakthrough Oil-from-Algae Technology Gains National Recognition; Receives Updated Rating by BeaconEquity Research

Mon Apr 20, 9:49 AM

DALLAS--(BUSINESS WIRE)--OriginOil Inc. (OTCBB: OOIL.OB) receives updated Speculative Buy from Beacon Analyst Victor Sula, Ph.D., fueled by the company’s new algae oil extraction process, which has garnered media and industry-wide attention.

The full report is available at http://www.beaconequity.com/ooil/.

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In the report, the analyst writes about upcoming industry conferences, where OOIL’s CEO will explain the company’s single-step process for extracting oil from algae, and will update attendees on OOIL’s commercialization progress. The Company’s plan to rapidly commercialize a component process of its end-to-end system represents a major milestone. By moving from the R&D phase to commercialization, the Company may achieve revenues in the foreseeable future.

The company was also recently featured on national TV:

“On February 26, 2009, the Company and its technology were featured on CNN television’s ‘Energy Fix’ segment. … The show explained OOIL’s breakthrough algae-to-oil technology and discussed algae’s potential as a fuel to replace petroleum.”

Other companies in the research services industry include: Nanoforce Inc. (Pink Sheets: NNFC), PetroSun Inc. (Pink Sheets: PSUD), Green Star Products Inc. (Pink Sheets: GSPI) and Valcent Products Inc. (OTCBB: VCTPF.OB).

BeaconEquity Research Disclosure

Analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. BeaconEquity.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BeaconEquity.com is a Website wholly-owned by BlueWave Advisors, LLC, which has been compensated a total of eighty thousand dollars directly from OriginOil Inc. (OOIL) as a marketing budget to manage a comprehensive investor awareness program, including the creation and distribution of this report as well as other investor relations efforts. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. Please read our report and visit our Website, BeaconEquity.com, for complete disclosures.

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Jeff Bishop, 469-252-3505
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OriginOil Inc.
Investor Relations:
Tom Becker, 877-999-6645 Ext. 641 or 323-315-2301
ir@originoil.com