GSPI Releases Algae Biodiesel R&D Video
SAN DIEGO, CALIF. – (Business Wire) November 20, 2007 – Green Star Products, Inc. (OTC: GSPI & GSPI.PK) today announced that it has decided to release a video illustrating some advanced algae production research.
The 5-minute video is available on Green Star's website GreenStarUSA.com.
Click here to view video.
Biotech Research, Inc. (BTR), who is a Consortium partner company with GSPI, made the field video.
GSPI and BTR announced last week their plans to build a 100-acre Algae Facility (see press release dated November 13, 2007 titled "GSPI Signs Contract to Build Algae-to-Biodiesel Facility").
The video shows advanced BTR research and development from the facilities located in the University of Baja California, Mexico. The video also shows algae production from a demonstration pond in the Montana facility. The demonstration pond has had constant production in the past months even in Montana's winter conditions. The pond is one-tenth of an acre in size holding 40,000 liters, which is one of the biggest proof-of-concept prototypes that has ever been built.
GSPI engineers built the Montana facility and managed it jointly with BTR. Most R&D facilities have difficulty even producing several pounds of algae for research. The algae production research video shows a pickup load of algae from the demo facility. The production from Montana is being sent to BTR's R&D facility at the University of Baja California for further oil extraction, development and biodiesel processing. The Montana facility is a full width demo project resembling characteristics of the next generation of 1,000-acre algae systems.
GSPI completed a successful Phase I and II, 40,000-liter demonstration algae facility in 2007 (see press releases dated May 11 and July 9, 2007 ).
GSPI and BTR plan a 100-acre and several 1,000-acre algae production facilities in 2008 and 2009 (see press release dated
November 13, 2007).
Green Star Products, Inc. (OTC:GSPI) (OTC:GSPI.PK) 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 renewable clean-burning biodiesel and other products, including 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.
CONTACT:
Green Star Products, Inc.
Joseph LaStella, President
619-864-4010
619-789-4743 fax
info@GreenStarUSA.com
Last Updated: November 20, 2007
