New Technology for Recycling CO2 into Fuel, Food and Profits Occupies Central Position in Emerging Global Algae Industry
Colorado Company to Brief Algae Thought Leaders On Breakthrough Carbon Capture & Recycle Machines
SEATTLE – October 20, 2008 – A2BE Carbon Capture LLC today announced that its CEO, Mark Allen, has been selected to moderate the “Photobioreactor Production Technologies†session at the prestigious 2008 Algae Biomass Summit. In addition, the Company’s President and CTO, Jim Sears, will deliver a poster presentation entitled “The Ten Essentials for an Algae Industryâ€. Mr. Allen also serves as a Board Member at the Algal Biomass Organization (ABO), the entity behind the Summit, where he chairs the Membership Committee and Corporate Governance Committee. Mr. Sears chairs the Technical Standards Committee at ABO.
A2BE Carbon Capture’s role at the Algae Biomass Summit further establishes the Boulder, Colorado, company as a leader among firms developing systems that recycle CO2 into algal biomass that can be processed into valuable commodities such as biofuel, animal feed, fertilizer, methane, oxygen, and carbon credits.
The Company's photobioreactor technology for growing and harvesting commercial quantities of algal biomass occupies a pivotal role within an emerging algae-based Carbon Capture & Recycle (CC&R) industry that spans the globe. It is the capability to reliably, and economically, grow massive quantities of biomass that will ultimately enable other sectors within the industry to expand – such as algae biology researchers and companies with technology for converting algal biomass into biofuels and other commodities. A2BE Carbon Capture's photobioreactors (or ‘CC&R Machines') represent the core technology in humanity's quest to harness the unparalleled ability of micro-algae to convert sunlight into high-quality oils, proteins and carbohydrates on a truly industrial scale.
Thought leaders from commercial and military aviation (including Boeing, Raytheon and many airlines), national research laboratories (including the National Renewable Energy Laboratory/NREL), energy firms, and various leading international companies, will all hear directly from Mr. Allen and Mr. Sears. These participants represent mega-drivers for carbon-neutral, affordable, and renewable sources of energy and industrial feedstocks derived from algae.
"We look forward to articulating our vision for how algae-based CC&R can address some of mankind's largest looming challenges: peak oil, climate change, food prices and water shortages", said Mr. Allen. There's still much work to be done, and having the right roadmap will make all the difference. "It's our hope that by sharing the ‘Ten Essentials' we have distilled from our years of R&D in the field, a global algae industry can expand more rapidly, and sustainably, over time", added Mr. Sears.
The Algae Biomass Summit, sponsored by Wilson Sonsini Goodrich & Rosati and The Byrne Company, is the official conference of the Algal Biomass Organization (ABO). The event is designed to highlight scientific advances and encourage knowledge sharing to accelerate the development of algae-based solutions to global energy, environmental, and economic issues.
"The goal of this conference and the ABO is to help accelerate the commercialization of algae as an environmentally and economically sustainable energy source," said Darrin Morgan ABO co-chairman and director of Business Analysis, Environmental Strategy for Boeing Commercial Airplanes. "The efforts and participation of leading companies, such as A2BE Carbon Capture, will be critical in helping the industry identify and overcome challenges and obstacles to meeting those goals."
About A2BE Carbon Capture
A2BE Carbon Capture LLC, based in Boulder, CO., was founded to commercialize technologies that have meaningful prospects for rebalancing the carbon content of the atmosphere.
The Company is a leader in closed photobioreactor algae cultivation and harvesting technologies that monetize CO2 emissions into food, fuel, and profits. The Company's core technology was created by Jim Sears, co-founder and CTO of the firm. Patents are pending in the U.S., China, Australia, India, EU, Japan, Brazil, and Mexico. The Company's Carbon Capture and Recycle (CC&R) Machines can be scaled into large CC&R Farms that recycle industrial CO2 emissions into algal biomass that can be further processed into valuable commodities including biofuel, animal feed protein and fertilizer.
A2BE Carbon Capture is currently in the process of scaling up its CC&R Machines to commercial scale. The Company is building a collaborative group of select institutions, corporations, and key researchers from around the world to address the spectrum of talents and disciplines needed to rapidly commercialize a solution called "algae@work".
About the ABO
The Algal Biomass Organization (ABO) is a non-profit organization whose mission is to promote and advocate for the development of commercially-viable transportation and power generation fuels as well as other non-energy applications for algae biomass. Its membership is comprised of people, companies and organizations across the value chain. More information about ABO, including its leadership, membership, costs, benefits and members and their affiliations, is available at the website: www.algalbiomass.org
# # #Contact
| Jeff Mettais | JeffMettais@AlgaeAtWork.com |
| VP Business Development | www.AlgaeAtWork.com |
| A2BE Carbon Capture LLC | 303-906-5068 |