SOURCE: BioCentric Energy Holdings, Inc.

BioCentric Energy Holdings, Inc.

October 14, 2009 14:19 ET

BioCentric Energy Receives $500,000 Research Funding From Private California Group

SAN JUAN CAPISTRANO, CA--(Marketwire - October 14, 2009) - BioCentric Energy Holdings, Inc. (PINKSHEETS: BEHL) today confirmed the company received $500,000 Research & Development funding from a private investment group.

Company President Dennis Fisher stated, "The results of the Annual ALGAE Biomass Summit event in San Diego, California last week were just phenomenal. The serious conversations and inquiries concerning BioCentric's closed loop Photobioreactor system stemmed from leading oil companies to competitors striving to achieve similar manufacturing equipment and technological advances. The relationships and alliances established from this show should place BioCentric in a major growth position by the end of the year. The funding we received this week is from an established "Green" orientated investment group who would like to see the company further enhance the ALGAE reproductive systems both in equipment technological advances and enhanced reproductive methods such as the "Lipid Trigger."

About BioCentric Energy Holdings

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: 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.

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Contact Information

  • Investor Relations:
    Dale Baeten