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VG Energy Contracts BioProcess Algae To Verify "Lipid Trigger" Results For Commercial Biofuels Production
Date:3/25/2011

SAN MARINO, Calif. March 25, 2011 /PRNewswire/ -- VG Energy, a subsidiary of Viral Genetics, Inc. (Pink Sheets: VRAL), announced today that it has retained alternative energy producer BioProcess Algae, LLC to verify lab results on a large scale for the development of commercial production of its potential biofuel process. VG Energy has developed proprietary technology, with results reproduced multiple times from test-tube to small-pond studies, which holds promise in producing algal biofuel on a commercial scale, at prices competitive with or better than current oil prices.

"VG Energy's technology has shown great promise as a viable and cost-effective additive for alternative energy sources," said Haig Keledjian, CEO of VG Energy and Viral Genetics.  "We are thrilled to be working with BioProcess Algae to take the next steps and move from the laboratory to a viable production setting."

The agreement came together quickly and was facilitated by VG Energy SVP Monica Ord.  "I have Richard Branson and Mike Willis from Virgin Green to thank for the introduction to Green Plains Renewable Energy (GPRE) and BioProcess Algae," said Ord.  "We have repeated our proof of principle research studies multiple times, internally and through Texas A&M, which have clearly demonstrated the effectiveness of the compound on a small scale.  BioProcess Algae gives us the ability to move quickly into full autotrophic, mixotrophic and heterotrophic scale-up studies, and we are excited to begin."

A process increasing lipid production in algae cells and considerably improving their rate of recyclability has been discovered by VG Energy and its lead researcher, Dr. M. Karen Newell Rogers, the Raleigh R. White, Jr. Endowed Professor of Surgical Research at Texas A&M
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SOURCE VG Energy
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