Feb 27, 2009 05:00 ET

OriginOil’s Breakthrough Algae-to-Oil Technology Featured Nationally on CNN

LOS ANGELES --(Business Wire)-- Feb 27, 2009 OriginOil, Inc. (OTCBB: OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, announced that the company was featured on CNN’s television segment called “Energy Fix” on February 26. The segment, hosted by CNN anchor Poppy Harlow, aired nationally on multiple occasions and featured OriginOil’s breakthrough algae-to-oil technology and algae’s potential to replace petroleum.

Anchor Harlow reported on the multi-phase partnership OriginOil announced recently with the Department of Energy’s Idaho National Laboratory.

The segment can be viewed on OriginOil’s home page at www.originoil.com and, for the next two years, on CNN’s Money.com site.

In the interview, OriginOil CEO Riggs Eckelberry explained that algae is a third generation biofuel feedstock. First generation biofuel was based on food crops such as corn and sugarcane. Second generation, such as cellulosic ethanol, is not based on food crops but still uses lots of land and water. The third generation doesn’t need farmland, can use dirty water, is not a food crop, grows very fast, and loves CO2. Eckelberry concluded by saying that algae is the prime candidate for what we need in this country for biofuels.

In response to the CNN televised broadcast, Eckelberry said, “We are thrilled that a premiere and influential international medium like CNN has chosen to feature OriginOil and underscore the promise of algae as an alternative to petroleum. We are extremely happy to have worked with Ms. Harlow to educate CNN’s viewers on algae as the most promising third generation biofuel.”

About OriginOil, Inc.

OriginOil, Inc. is developing a breakthrough technology that will transform algae, the most promising source of renewable oil, into a true competitor to petroleum. Much of the world's oil and gas is made up of ancient algae deposits. Today, our technology will produce "new oil" from algae, through a cost-effective, high-speed manufacturing process. This endless supply of new oil can be used for many products, such as diesel, gasoline, jet fuel, plastics and solvents, without the global warming effects of petroleum. Other oil-producing feedstock, such as corn and sugarcane, often destroy vital farmlands and rainforests, disrupt global food supplies and create new environmental problems. Our unique technology, based on algae, is targeted at fundamentally changing our source of oil without disrupting the environment or food supplies. To learn more about OriginOil™, please visit our website at www.originoil.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.

Abstract/Short Description

OriginOil, Inc. was featured on CNN’s television segment, “Energy Fix”, available for viewing at www.originoil.com and CNN’s Money.com.

Keyword List

algae biofuel, algae energy, algae fuel, algae oil, algae to oil, alternative energy stocks, alternative sources of energy, biofuel from algae, cnn business, ooil, originoil, riggs eckelberry

Press Contact:
Maria-Christina Zajac
Avalanche Strategic Communications
201-488-0049
maria-christina@avalanchepr.com
or
Investor Relations Contact:
Tom Becker
Toll-free: 877-999-OOIL(6645) Ext. 641
International: +1-323-939-6645 Ext. 641
Fax: 323-315-2301
ir@originoil.com
www.originoil.com