SOURCE: BioCentric Energy Holdings, Inc.

BioCentric Energy Holdings, Inc.

January 20, 2010 10:22 ET

BioCentric Energy Holdings, Inc. (PINKSHEETS: BEHL) Today Released the Following Interim Shareholder & Investor Company Information Updates

SANTA ANA, CA--(Marketwire - January 20, 2010) - BioCentric Energy Holdings, Inc. (PINKSHEETS: BEHL) announced today that members of the team from Renewed World Energy arrive in Orange County, CA today to finalize the terms of a JV agreement between RWE and BEHL. It was agreed to by both parties that the decision makers for RWE would visit the new Southern California location for BEHL, prior to the installation of a BEHL PBR in South Carolina. RWE President Rick Armstrong and Vice-President Tim Tompkins will be touring the new BEHL Headquarters in Santa Ana and reviewing Generation II (Commercial Algae Pro Photobioreactor System) of the Algae Pro Photobioreactor design.

Executive Vice President Monique Berry has accepted a position on the Board of Directors for BEHL. Her position will officially commence February 1st, 2010. Also, the Board has offered a Seat to and is awaiting acceptance from Bill Sarpalius, former Democratic member of the United States House of Representatives and owner of Advantage Lobbying Group in Washington D.C.

Three additional provisional patents have been completed and submitted to the Patent Office: 1) 180 Degree Turns, 2) 4 Row Installation Solution and 3) 4 Row Cold Weather Solution.

Tomorrow, we are expecting the arrival of 26 Turns via Air Freight to complete the 6,000 square feet of Gen II in Santa Ana. The 1,174 additional Turns are being shipped via Fast Track Water Solution from China with an expected arrival date of February 10, 2010.

All shareholders should receive a formal notice via US Mail announcing the First Annual Shareholder's Meeting to take place on February 24, 2010 at the Monte Carlo Hotel and Casino in Las Vegas. All Shareholders are invited at a discounted rate to attend the National Algae Association West Coast Chapter Workshop (also at the Monte Carlo) on February 25th and 26th. All attending shareholders can take advantage of a discounted rate for both the hotel rooms and the NAA Workshop.

The first month of this New Year, BEHL has sold a Continuous Flow Algae System (table top version) and an Algae Culturing Station. VOD Newswire Video Format: http://vodnewswire.com/vodnewswire/news/biocentric-energy-20100120/

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.

Contact Information

  • Contact:
    BioCentric Energy Holdings, Inc.
    Dennis Fisher
    CEO
    714-966-1234