Welcome!

News Feed Item

BlueOcean NutraSciences Inc. to Demo AlgaOmega(TM) Algae Production System at Arizona Center for Algae Technology and Innovation ("AzCATI")

TORONTO, ONTARIO -- (Marketwired) -- 07/02/14 -- BlueOcean NutraSciences Inc. ("BlueOcean") (TSX VENTURE:BOC) will demonstrate its algae production system at the Arizona Center for Algae Technology and Innovation ("AzCATI") located at Arizona State University ("ASU"). AzCATI is part of the ASU led AlgaeTestbed Public-Private Partnership (ATP3) and is recognized as the preeminent test facility for algae development and validation. The demonstration will provide third party validation on all production metrics. The demonstration is expected to be completed within the next 90 days.

AlgaOmega(TM) algae oil contains over 50% more EPA than competitor algae oils as well as a significant amount of DHA. This combination of high EPA and DHA uniquely positions AlgaOmega(TM) in the market place.

AlgaOmega(TM) is phototrophically produced utilizing a proprietary bio-reactor design that incorporates a patented hollow fiber CO2 infusion technology and light delivery system resulting in up to three (3) times more algae biomass production than competitor production systems.

"BlueOcean is pleased to be working with AzCATI to demo our algae production system. Having third party validation of our commercial production system by AzCATI will allow BlueOcean to complete our discussions with major strategics on contingent offtake agreements." - said BlueOcean's CEO, Douglas Kemp-Welch.

"Third party validation of commercially relevant technology is one of the key missions for AzCATI and our ATP3 program. Technology companies, like BlueOcean NutraSciences, having easy access to facilities and expertise such as those available within our ATP3 network can help accelerate innovation and commercialization of algal technologies and products." - said Dr. John McGowen, Portfolio Manager in ASU's Office of Knowledge Enterprise Development's Project Management Office and Director of Operations and Program Management for AzCATI and ATP3.

About BlueOcean NutraSciences:

BlueOcean NutraSciences Inc. ("BlueOcean"), formerly Solutions4CO2 Inc., is a Canadian company that develops specialty oils using innovative product platforms targeted at the rapidly growing Health and Wellness, and Animal Feed markets.

BlueOcean is developing three specialty oil products: AstaShrimp(TM), AlgaOmega(TM) and AstaTene(TM). BlueOcean owns 50% of the participating and voting rights in 70717 Newfoundland and Labrador Ltd., a joint venture with a major Atlantic Canada shrimp processor that provides the shrimp feedstock for the extraction of AstaShrimp(TM). BlueOcean owns Asta NutraSciences Inc., a company formed to develop AstaTene(TM), a natural astaxanthin based health and wellness product for the nutraceutical and animal feed markets. BlueOcean wholly owns its AlgaOmega(TM) product line.

About the Arizona Center for Algae Technology and Innovation:

AzCATI is an internationally recognized center at ASU and serves as a national testbed for research, testing, and commercialization of algae-based products such as biofuels, pharmaceuticals, nutraceuticals, and other algae biomass co-products. AzCATI provides open test and evaluation facilities for the algae industry and research community. For more about AzCATI, visit azcati.com.

About the Algae Testbed Public-Private Partnership:

ATP3 is a learning environment for the next generation of scientists, engineers and business leaders to accelerate the research and development of algae-based technologies. The ATP3 open test bed and evaluation facilities, are a hub for research and commercialization of algae-based biofuels and co-products. ATP3 is funded through a $15 million grant from the US Department of Energy. The partnership is led by AzCATI at ASU with support from industry, academic, and national laboratory partners. For more about ATP3, visit atp3.org.

Forward-looking Statements

This news release may contain forward-looking statements that are based on BlueOcean's expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
BlueOcean NutraSciences Inc.
Douglas Kemp-Welch
CEO
416-803-9435, extension 101

BlueOcean NutraSciences Inc.
Dil Vashi
Manager Corporate Development
416-803-9435, extension 104
www.blueoceannutra.ca

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
"We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2017 New York The 7th Internet of @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, New York. Chris Matthieu is the co-founder and CTO of Octoblu, a revolutionary real-time IoT platform recently acquired by Citrix. Octoblu connects things, systems, people and clouds to a global mesh network allowing users to automate and control design flo...
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
Between 2005 and 2020, data volumes will grow by a factor of 300 – enough data to stack CDs from the earth to the moon 162 times. This has come to be known as the ‘big data’ phenomenon. Unfortunately, traditional approaches to handling, storing and analyzing data aren’t adequate at this scale: they’re too costly, slow and physically cumbersome to keep up. Fortunately, in response a new breed of technology has emerged that is cheaper, faster and more scalable. Yet, in meeting these new needs they...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at 20th Cloud Expo, Ed Featherston, director/senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busin...
According to Forrester Research, every business will become either a digital predator or digital prey by 2020. To avoid demise, organizations must rapidly create new sources of value in their end-to-end customer experiences. True digital predators also must break down information and process silos and extend digital transformation initiatives to empower employees with the digital resources needed to win, serve, and retain customers.
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
The Internet of Things (IoT) promises to simplify and streamline our lives by automating routine tasks that distract us from our goals. This promise is based on the ubiquitous deployment of smart, connected devices that link everything from industrial control systems to automobiles to refrigerators. Unfortunately, comparatively few of the devices currently deployed have been developed with an eye toward security, and as the DDoS attacks of late October 2016 have demonstrated, this oversight can ...
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Unsecured IoT devices were used to launch crippling DDOS attacks in October 2016, targeting services such as Twitter, Spotify, and GitHub. Subsequent testimony to Congress about potential attacks on office buildings, schools, and hospitals raised the possibility for the IoT to harm and even kill people. What should be done? Does the government need to intervene? This panel at @ThingExpo New York brings together leading IoT and security experts to discuss this very serious topic.