LOS ANGELES--(BUSINESS WIRE)--OriginOil Inc. (OTC/QB: OOIL), developer of Electro Water Separation™ (EWS), the high-speed, primarily chemical-free process to clean up large quantities of water, announced today the launch of its Algae Division, naming Mael Disa-Vingataramin as its President.
OriginOil’s Algae Division joins the Petro Division as its latest business unit. Because EWS has value in multiple industry sectors, the business unit model helps ensure that each receives the unique attention it deserves. Activities in an industry sector are incubated inside the company proper, and then launched as a business unit.
Mael Disa-Vingataramin has direct experience in the algae industry, having served in Engineering and Business Development at A2BE Carbon Capture, LLC.
Mark Allen, A2BE Carbon Capture’s CEO at the time, states, “Mael was a dynamic and fast-learning member of our team and his contributions were greatly appreciated. I think he will do great things at OriginOil.” Allen, a Board Member and Past Chairman of the Algae Biomass Organization, is currently Vice President of Integrated Carbon Solutions at synthetic fuel production company Accelergy.
“I’m happy to welcome Mael Disa-Vingataramin as President of the Algae Division,” said Jean-Louis Kindler, OriginOil’s Chief Commercial Officer. “This will enable me to focus on developing our remaining industry sector target: the treatment of industrial, agricultural and extractive wastewater for reuse.”
“We launch business units when a line of business has matured to the point that it can be a mini-company,” said Riggs Eckelberry, OriginOil CEO. “We did this last year with our oil and gas water cleanup business, which is going according to plan. Now it’s time for algae. I’m glad to see a dynamic, young and talented manager like Mael join our team to serve this fast-growing industry.”
As President of the Algae Division, Mael Disa-Vingataramin’s mission is to achieve wide adoption for EWS in the rapidly expanding algae industry through private labeling, licensing and sales, both directly and through distribution partners. His duties span product development, sales and licensing, manufacturing control and integration with other industry systems.
Previously, Mael honed his analytical skills at Innodev, a Paris-based consulting firm specializing in emerging biotechnologies and green chemicals. He then served in engineering and business development roles at A2BE Carbon Capture, an algae cultivation technology company in the U.S. More recently, Mael co-founded CarbonSync, a U.S. and Caribbean-based company developing commercial opportunities in renewable energy and water, with a main focus on developing power plants using waste and biomass as feedstocks and conversion of wastewater streams into valuable products. Mael also gained management experience as the co-founder and executive of a healthcare business with close to eight figures in annual turnover.
Mael holds an Engineer’s degree in Chemistry from ESCOM (Higher School of Organic and Mineral Chemistry, France), and a Master’s in Process Engineering from UTC (University of Technology of Compiègne, France) with a specialization in agricultural sciences.
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About OriginOil, Inc.
OriginOil has developed a breakthrough water cleanup technology for the oil & gas, algae and other water-intensive industries. Unlike other technologies, the company's patent-pending Electro Water Separation™ process rapidly and efficiently removes organic material from large quantities of water without the need for chemicals. For the oil & gas industry, OriginOil is helping clean up produced water and recycle fracking water, to reduce harm to the environment and lower costs. For the emerging algae industry, OriginOil is making large-scale harvest possible. And in aquaculture, OriginOil is helping improve yields and making seafood healthier by dramatically reducing the levels of toxic ammonia and bacteria in water. For a world short on clean water, OriginOil is the lower-cost and cleaner answer. To learn more about OriginOil®, please visit our website at www.originoil.com.
OriginOil Safe Harbor Statement:
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this update, 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. 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 our history of losses and our need to raise additional financing, the acceptance of our products and technology in the marketplace, our ability to demonstrate the commercial viability of our products and technology and our need to increase the size of our organization. Further information on the Company's risk factors is contained in the Company's quarterly and annual reports as filed with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
OriginOil launches Algae Division, names Mael Disa-Vingataramin as President; Disa-Vingataramin has background in management, engineering and business development, including direct experience in the algae technology sector.
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