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Frost & Sullivan Recognizes Algasol Renewables for its Micro Algae Biomass Production System
Date:8/20/2010

ae Biofuels Green Excellence in Technology Innovation of the Year Award. Each year, Frost & Sullivan presents this award to the company that has developed a service platform characterized by long-term sustainability, the ability to optimize resource usage, and the adaptability to changing environmental needs. The award recognizes entrepreneurial dexterity in incorporating conservation into the business concept and the industry's acknowledgement of the green initiative in question, by way of financial support, strategic support, and recognition as a pioneering venture. The recipient has shown environmental accountability and provided a service with inherent features that enhance adoption/participation rates and creates collective accountability toward reducing the impact of climate change, dependency on finite resources, and ecological footprint.

Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About Algasol RenewablesAlgasol Renewables is a technology company with a unique technology for low-cost production of micro algae in a closed environment. The technology is a flexible multi-compartment PBR floating on water that can be deployed both on land in ponds or in the ocean. A patent pending in national phase in all relevant PCT countries covers all key aspects of the PBR technology. The company exclusively focuses on commercializing its unique PBR technology for low-cost production of micro algae biomass and pursues an active partnership strategy to maximize speed of the commercialization process. For more information please
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