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
Pentaho has announced orchestration capabilities that streamline the entire machine learning workflow and enable teams of data scientists, engineers and analysts to train, tune, test and deploy predictive models. Pentaho’s Data Integration and analytics platform ends the ‘gridlock’ associated with machine learning by enabling smooth team collaboration, maximizing limited data science resources and putting predictive models to work on big data faster – regardless of use case, industry, or languag...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
SYS-CON Events announced today that Addteq will exhibit at SYS-CON's DevOps Summit at Cloud Expo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Addteq specializes in creating innovative solutions to solve business processes through the use of DevOps automation. Addteq was founded on the firm belief that automation is essential for successful software releases. Addteq's products and services are centered around the fundamental approach of understanding the pr...
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
Peak 10 has announced that it has completed a 20,000 square foot expansion of its Cincinnati-area data center, a 6,000 square foot expansion of its data center campus in Charlotte’s University Research Park, and added a pair of seasoned executives to its leadership team. This further propels the company on its aggressive growth trajectory to meet the rising demand for flexible hybrid IT strategies and solutions across its enterprise customer base. Cincinnati is home to companies like Kroger, Pr...
VeriStor Systems has announced that CRN has named VeriStor to its 2017 Managed Service Provider (MSP) 500 list in the Elite 150 category. This annual list recognizes North American solution providers with cutting-edge approaches to delivering managed services. Their offerings help companies navigate the complex and ever-changing landscape of IT, improve operational efficiencies, and maximize their return on IT investments. In today’s fast-paced business environments, MSPs play an important role...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...