Last updated on April 16, 2014 at 7:25 EDT

Cellana to Provide Commercialization and Technology Updates at the 2013 Algae Biomass Summit

September 26, 2013

SAN DIEGO and KAILUA-KONA, Hawaii, Sept. 26, 2013 /PRNewswire/ — Cellana, a leading developer of algae-based feedstocks for biofuels, animal feed/food, and Omega-3 nutritional oils, announced today that several key personnel will present at the upcoming 2013 Algae Biomass Summit. The 2013 event will take place Sept. 30 – Oct. 3 at the Hilton Orlando in Orlando, Florida, and Cellana will be exhibiting at Booth #205 in the Exhibit and Poster Hall.

    --  Martin A. Sabarsky, Cellana's Chief Executive Officer, will present at a
        plenary panel entitled, "The Algae Fuel Solution - Updates from Algenol
        Biofuels, Sapphire Energy, and Cellana," which is scheduled for Tuesday,
        Oct. 1 at 8:45 am.  During the presentation, Mr. Sabarsky will provide
        an update on Cellana's progress since the last Summit, including details
        of Cellana's industry-leading off-take agreement with Neste Oils for
        biofuel applications, which was announced earlier this year.
    --  Xuemei Bai, Ph.D., Principal Scientist for Cellana, will present at a
        Commercialization Track panel (Track 3) entitled "Production Process
        Innovation," which is scheduled for Wednesday, Oct. 2 at 3:30 pm in the
        Orlando Ballroom IV. During her presentation, Dr. Bai will discuss how
        Cellana has advanced its commercialization objectives through increased
        productivity of biomass and high-value co-products.
    --  Michael J. Kamdar, Cellana's President, will present at a plenary panel
        entitled "Algae and Finance," ?which is scheduled for Thursday, Oct. 3
        at 9:00 am. During his presentation, Mr. Kamdar will discuss how Cellana
        has benefitted from an over $100 million investment in its technology
        platform and Kona Demonstration Facility, including the $80+ million in
        non-dilutive funding received to date from strategic partners, grants,
        and government contracts. In addition, Mr. Kamdar will discuss the
        company's financing plans going forward.
    --  Avery Kramer, Cellana's Business Development Manager, will present
        Cellana's poster submission throughout the Summit.  Entitled "Supporting
        Biofuels through Production of High-Value Co-Products," the poster will
        contain updated technoeconomic information that supports Cellana's
        three-product biorefinery model.

The Algae Biomass Summit brings industry professionals from all sectors of the world’s algae utilization industries including, but not limited to, financing, algal ecology, genetic systems, carbon partitioning, engineering, analysis, biofuels, animal feeds, fertilizers, bioplastics, supplements, and foods. Organized by the Algae Biomass Organization and coproduced by BBI International, the event brings current and future producers of bio-based products and energy together with algae crop growers, municipal leaders, technology providers, equipment manufacturers, project developers, investors, and policy makers. As the largest, fastest-growing algae event of its kind, in 2013 the Summit is expected to draw nearly 1,000 attendees. ??For more information on the event, visit the Algae Biomass Summit website at http://www.algaebiomasssummit.org.

About Cellana

Cellana, a leading developer of algae-based bioproducts, uses the most productive plants on earth — marine microalgae — to photosynthetically produce its ReNew(TM) line of Omega-3 EPA and DHA oils, animal feed/food, and biofuel feedstocks. Cellana’s patented ALDUO(TM) system enables economic, sustainable and consistent production of photosynthetic, non-GMO algae at industrial scale. Cellana intends to construct and operate commercial facilities to produce these products as integrated algae-based biorefineries. To date, over $100 million has been invested in developing Cellana’s algae strains, patented and proprietary production technologies, and its Kona Demonstration Facility. Further information is available at: www.cellana.com.

Cellana®, the Cellana logo, ALDUO, and ReNew are trademarks of Cellana LLC and/or Cellana, Inc.

SOURCE Cellana

Source: PR Newswire