SOURCE: Biocentric Energy Holdings, Inc

June 15, 2009 12:10 ET

BioCentric Energy Holdings, Inc. Announces Licensing Breakthrough for Future Research & Development of the Company's Algae Production & Closed Loop Photobioreactor Systems

SAN JUAN CAPISTRANO, CA--(Marketwire - June 15, 2009) - BioCentric Energy Holdings, Inc. (PINKSHEETS: BEHL) provides an Update for Shareholders:

Dennis Fisher, CEO of BioCentric Energy Holdings, Inc., today announced that the City of San Juan Capistrano has granted both BioCentric Energy and BioCentric Energy Algae licenses to execute Research and Development at the company's San Juan Capistrano, California facility for the continued pursuit of algae solutions. The special use permits allow BioCentric to institute all of the planned operations within the Business Plan published earlier this year by the company's management.

Mr. Fisher commented about the permitting today, stating, "We have been approved to deliver the planned solutions that we have envisioned for quite some time. I would personally like to thank all the government officials of San Juan Capistrano that understood our vision and permitted our vision to move forward."

Biocentric Energy plans to launch the company's new website this week, along with construction progress of the first closed loop photobioreactor system at the company's San Juan Capistrano, California facility. Biocentric Informational related Algae solutions are available on video at: www.youtube.com/biocentricenergy

About Biocentric Energy Holdings, Inc. BioCentric Energy Holdings, Inc. is dedicated to the development of new technologies as well as acquiring and fostering companies with innovative technologies designed to provide unique and effective green energy solutions for the 21st century. Along with the cultivation of important relationships and partnerships with synergistic entities, BioCentric Energy has devoted substantial time and effort in research and development in order to bring a range of innovative green alternatives to the marketplace.

Safe Harbor Statement: Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements.

Investors are also directed to consider all other risks and uncertainties.

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