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. Instead of drilling for old oil, we can now manufacture clean, new oil, anytime and anywhere, delivering a revolutionary breakthrough to the world.
Speaker Profile
One of the inventors of the Company’s breakthrough technology, Riggs Eckelberry brings his veteran technology management skills to the alternative energy sector. As President and COO of CyberDefender Corporation from 2005 to 2006, he was instrumental in building the company and its innovative product line, helping to achieve initial funding and a public company filing (CYDE.OB).
From 2001 to mid-2005, he helped launch and turn around technology companies as founder and President of TechTransform, a technology consulting firm. In 2004, he was a key member of the team that turned around YellowPages.com, resulting in its sale for $100 million to SBC/BellSouth. In 2003, he helped make Panda Software a key player in the US market as the General Manager of its US unit.
During the high-tech boom of the 1990s, he was responsible for the global brand success of the software product, CleanSweep; as Chief Operating Officer of MicroHouse Technologies, he drove record sales and a modernization of the company’s technology, helping to achieve a successful sale of the company to Earthweb; and as VP Marketing of venture-backed TriVida, he was a key member of the team that commercialized the company’s technology and achieved the sale of this technology company to BeFree, Inc. (now part of ValueClick: VCLK).
Overview of presentation
Algae has shown promise as the world’s primary biofuel. However, this promise has not materialized, primarily due to technology challenges. Additionally, there is a lack of agreement within the algae industry as to a common method and form factor for algae production.
The presentation by OriginOil will focus on the algae challenge, specific technology issues and solutions, and will outline a proposed standardized approach to algae production and commercialization.
Algae World 2008 Singapore Speaker
Day 1 – Monday, November 17
09:40 Algae for Fuel: Promises & Challenges
ALGAE WORLD 2008 is a conference dedicated towards providing objective insights on the commercialization of Algae Biofuels, as well the latest advances and constraints in Algae cultivation, harvesting & processing. To find more about Algae World in Singapore from November 17 to 18, 2008, please visit http://www.futureenergyevents.com/algae/.
