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Carbon Sciences Announces Product Development Plan
Three-Phase Plan to Deliver Breakthrough Technology to the Market
| Source: Carbon Sciences
SANTA BARBARA, CA--(Marketwire - October 18, 2007) - Carbon Sciences, Inc. (OTCBB : CABN ), the
developer of a breakthrough technology to transform earth destroying carbon
dioxide (CO2) into earth friendly carbon products, today announced its
product development plan.
The Company's breakthrough technology, GreenCarbon™, is a patent pending
carbon transformation technology that can convert harmful carbon dioxide
into useful carbonate products for use in building materials, paper,
plastics, fertilizers and other industrial applications.
To commercialize the GreenCarbon technology, Carbon Sciences has committed
to the following three-phase product development plan:
Phase I: GreenCarbon Mobile Prototype - A prototype system for concept
demonstration and chemistry optimization.
Phase II: GreenCarbon Mini-Pilot System - Complete small scale system for
field test and scalability optimization.
Phase III: GreenCarbon Pilot Plant - Full scale system for deployment
adjacent to a coal-fired power plant.
The Company's Pilot Plant will serve as the basis for large commercial
systems that can be deployed worldwide for multi-Giga Watt coal-fired power
plants.
Coal, the most abundant and most polluting energy source on earth, accounts
for 40% of total world electricity generation and over 25 billion metric
tons of CO2 emissions per year. Current coal reserves are estimated to
meet energy demands for several generations -- 285 years in the United
States.
Derek McLeish, the Company's CEO, commented, "The continual use of coal to
power global industrialization is an economic reality due to its abundance.
It is unlikely that coal will be displaced by an alternative energy source
anytime soon. Therefore, an immediate solution must be employed to reduce
coal induced CO2 emissions. By doing so, coal can be a clean energy source
for generations to come. We believe our GreenCarbon technology is that
solution. We believe that transforming CO2, an industrial byproduct, into
a useful raw material is the most sensible solution over other approaches
like carbon credit or geologic and ocean carbon sequestration. We are very
excited about the prospects of completing our Mobile Prototype before the
end of this quarter."
About Carbon Sciences, Inc.
Carbon Sciences, Inc. is developing an innovative technology to transform
earth destroying carbon dioxide (CO2) into earth friendly carbon products.
We call this breakthrough GreenCarbon™ Technology. By eliminating
harmful CO2 from human created sources, such as power plants and industrial
factories, we will help reduce global warming. By transforming harmful CO2
into useful carbon products, such as building materials, paper, plastics
and fertilizers, our patent-pending technology will help create
environmentally friendly products and industries. To learn more about the
Company, please visit our website at http://www.carbonsciences.com.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995.
When used in this press release, 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, and while expected, there
is no guarantee that we will attain the aforementioned anticipated
developmental milestones. 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: the impact of economic, competitive and
other factors affecting the Company and its operations, markets, product,
and distributor performance, the impact on the national and local economies
resulting from terrorist actions, and U.S. actions subsequently; and other
factors detailed in reports filed by the Company.