SOURCE: BioCentric Energy Holdings, Inc.

BioCentric Energy Holdings, Inc.

November 09, 2009 15:20 ET

BioCentric and Renewed World Energies Clarifies Statements Made During Friday, November 6, 2009 Conference Call

SAN JUAN CAPISTRANO, CA and GEORGETOWN, SC--(Marketwire - November 9, 2009) - BioCentric Energy Holdings, Inc. and Renewed World Energies (PINKSHEETS: BEHL) today confirmed, due to a misinterpreted series of statements on Friday's conference call, the Board of Directors would like to edify the key components necessary for the company's continued growth.

While the value of Bio-mass produced from specific Algae strains are in fact worth many times more per pound when used for nutracuetical product manufacture, the overall day to day demand for ALGAE oil produced from certain strains is in much greater demand for the production of Alternative vehicle fuels which additionally helps move towards a "Greener" environment, and both BioCentric & RWE have always had that mission. The companies have intent of producing large amounts of Algae for Bio-Alternative fuel products.

The company's primary business model is to deliver a closed loop Photobioreactor system which provides an environment to accelerate the growth of ALGAE under optimum conditions. The closed loop systems are designed for resale to companies who have a need to grow large amounts of algae for the production of alternative fuel products.

BioCentric currently has orders in hand for the production of closed loop Photobioreactor systems to Oil processing companies.

The companies are currently producing multiple strains of ALGAE at the Georgetown, South Carolina facility to fill orders for varying types of Biomass for different Industries.


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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.

Biocentric Energy Holdings, Inc

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