AlgoDyne Ethanol Develops Harvesting Technology to Remove Harmful Algal Blooms from the Ocean and Turn Them into Ethanol

LAS VEGAS--(BUSINESS WIRE)--AlgoDyne Ethanol Energy Inc. (‘AlgoDyne’ or the ‘Company’) (OTCBB:ADYN) is pleased to announce that the Company’s ongoing research efforts have led to the development of a new process to harvest significant amounts of biomass from marine algal blooms. Massive marine algal blooms occur in almost all oceans of the world, often caused by man-made nutrient pollution, and are known to be harmful to the aquatic ecosystem.

AlgoDyne believes that its harvesting technology could yield huge amounts of biomass usable for ethanol production at virtually no cost, and this harvesting of harmful algal blooms will ultimately protect the ocean’s marine ecosystem.

Mr. Richard Ritter Von Raffay, President of AlgoDyne stated, “To be able to use our harvesting technology to improve the quality of our oceans and remove harmful algal blooms is a significant accomplishment for the company and the environment.”

About AlgoDyne Ethanol

AlgoDyne’s proprietary mico-algae-based (phytoplankton) technology provides a powerful means to produce clean, renewable energy from the continual harvest of bio-mass from Photo-Bioreactors. The end result is the production of ethanol, methanol, biodiesel, electricity, coal and animal feed – all in a carbon dioxide neutral way.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements”, as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release and AlgoDyne assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although AlgoDyne believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in AlgoDyne’s periodic reports filed from time-to-time with the Securities and Exchange Commission and available at www.sec.gov.