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Endicott Biofuels, a next-generation biodiesel producer, joins the Algal Biomass Organization

Houston, Texas (November 3, 2009) – Endicott Biofuels, LLC, a Houston-based, next-generation biodiesel producer, announced today that it has aligned with other leading companies interested in the development of algae as a potential energy source in joining the Algal Biomass Organization (ABO).

According to Endicott Chief Executive Officer David Robinson, ABO’s mission to promote and advocate for the development of commercially viable transportation and power-generation fuels as well as other non-energy applications for algae biomass is consistent with his Company’s goal to create economically sustainable new sources of energy through the development of renewable biofuels. “We look forward to working with ABO members, who represent multiple industries, to rapidly advance the scale-up and commercialization of algae biofuels production as a high-quality, sustainable fuel source,” he said.

For the past year, Endicott has been involved in a fully flexible feedstock development program for the production of biodiesel, which includes algae oil-to-biodiesel commercialization. Among its future development plans are technologies that provide a higher degree of freedom for algae producers in algae strain selection and algae oil extraction for the production of biofuels.

Through its proprietary technology platform, Endicott has produced high-quality biodiesel at pilot scale using 100% lipids from any animal or vegetable based feedstock source. The quality of Endicott’s G2 Clear™ product, which exceeded all ASTM 6751 biodiesel specifications, has been confirmed through independent testing. Endicott believes this same technology can be used to yield high-quality algae-based biodiesel with no modification to its technology platform.

Endicott Biofuels, LLC, a Haddington Ventures portfolio company, leads the second generation biodiesel industry by offering the highest quality biodiesel product. Endicott’s G2 Clear™ biodiesel is manufactured directly by Endicott using the Company’s own state-of-the-art processing and readily exceeds ASTM 6751 biodiesel quality specifications. Endicott’s proven technology is the only process that allows 100% feedstock flexibility for the production of biodiesel. To learn more about Endicott Biofuels, LLC, please visit www.endicottbiofuels.com

Haddington Ventures, L.L.C., is a private equity firm specializing in the midstream energy sector. Among the participating investors in Haddington Ventures are large insurance companies, public and private pension groups, commercial banks and high net worth individuals. Visit Haddington Ventures’ website at www.hvllc.com.

The Algal Biomass Organization (ABO) is a non-profit organization whose mission is to promote and advocate for the development of commercially-viable transportation and power generation fuels as well as other non-energy applications for algae biomass. Its membership is comprised of people, companies and organizations across the value chain. More information about ABO, including its leadership, membership, costs, benefits and members and their affiliations, is available at www.algalbiomass.org.

For more information on the ABO please contact
John Williams
Scoville Public Relations
219 First Avenue South, Suite 305
Seattle, WA 98104
Office: (206) 625-0075
Cell: (206) 660-5503
www.scovillepr.com

 

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