Green Star Announces Algae Breakthrough
SAN DIEGO, Calif. (BUSINESS WIRE) – May 22, 2008 – Green Star Products, Inc., (OTC: GSPI) announced that a major breakthrough has been achieved which substantially increases the algae growth rate of certain strains of microalgae.
Algae scientists have long searched for a micronutrient formula to increase the growth rate of algae biomass. Now, Biotech Research, Inc., a consortium partner of Green Star, has confirmed a daily growth rate increase of 34% using the “Montana Micronutrient Booster (MMB)” formula. This growth rate booster can increase the total biomass quantity in a harvest algae growth cycle by well over 100%. The tests where conducted at Biotech Research’s lab facility at the UABC University in Ensenada, Mexico (see press release dated Nov. 20, 2007).
Joseph LaStella, president of Green Star Products, stated: “This breakthrough formula is too important to the algae processing industry for any single company to hold for their personal use. Microalgae production holds real answers to the many serious problems facing the world today, including global fuel shortages, global warming and food supply shortages”.
It is the intention of Green Star to make this product available throughout the world.
The UABC testing has shown that 1:10,000 nutrient dilution rates were very productive (i.e. one gallon of MMB mixed with 10,000 gallons of water). Even at 1:20,000 dilution levels, the MMB was still effective.
Green Star will make available 12-oz sample bottles to all universities, research institutes and commercial facilities for testing on their specific strains of algae.
Mr. LaStella further stated, “We do not know if this formula will work on all species of algae and Green Star intends to create a database that will be published on our website based on feedback from all entities participating in the sampling program. All participants will be asked to submit their results to Green Star and summaries will be published to the entire industry”.
Mr. LaStella also stated, “If the algae industry works together we will all benefit by identifying which strains of algae can be improved collectively. Hopefully, the entire industry can be accelerated into near term production.”
Those universities and research facilities that have previously contacted Green Star will receive the samples at no cost. All others who wish to receive the 12-oz sample formula, which can treat 3,500 liters of algae culture, will be required to pay $50 to cover ingredients, bottling, packaging, and shipping. Please send an email to Green Star at info@GreenStarUSA,com to register.
A picture of the Biotech Research test is posted on our website. It identifies three sets of twin algae photobioreactors (each containing 80-liters) that contain three different concentrations of the MMB formula. The picture also includes two control photobioreactors. This picture indicates greater algae growth based on green color differential.
Green Star Products, Inc. (OTC:GSPI) is an environmentally friendly company dedicated to creating innovative cost-effective products to improve the quality of life and clean up the environment. Green Star Products and its Consortium are involved in the production of green sustainable goods including renewable resources like algae biodiesel and clean-burning biofuels, cellulosic ethanol and other products, as well as lubricants, additives and devices that reduce emissions and improve fuel economy in vehicles, machinery and power plants. For more information, see Green Star Products’ Web site at http://www.GreenStarUSA.com, or call Investor Relations at 619-864-4010, or fax 619-789-4743, or email info@GreenStarUSA.com. Information about trading prices and volume can be obtained at several Internet sites, including http://www.pinksheets.com, http://www.bloomberg.com and http://www.bigcharts.com under the ticker symbol “GSPI”.
Forward-looking statements in the release are made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the company’s products, increased levels of competition for the company, new products and technological changes, the company’s dependence on third-party suppliers, and other risks detailed from time to time in the company’s periodic filings with the Securities and Exchange Commission.
Green Star Products, Inc.
Joseph LaStella, President
Last Updated: May 22, 2008