Algae Producer Aquaviridis and OriginOil Announce Joint Commercial Agreement

Algae producer Aquaviridis and OriginOil, Inc. , the developer of a breakthrough technology to extract oil from algae and an emerging leader in the global algae oil services industry, announced that Aquaviridis has signed a commercial agreement with OriginOil to help develop the multi-phase algae production rollout at its Mexicali, Mexico site, a potential model for algae sites throughout the North American Free Trade Agreement (NAFTA) region, with a focus on desert areas of the American Southwest and Mexico.

Source: Origin Oil Press Release, 3 February, 2012

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