BlueOcean Signs Project Development Agreement With a Commercial Algae Producer.

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Bibliographic Details
Title:	BlueOcean Signs Project Development Agreement With a Commercial Algae Producer.
Authors:	Marketwired
Source:	Marketwire (English). 03/27/2015.
Abstract:	TORONTO, ONTARIO -- (Marketwired) -- 03/27/15 -- BlueOcean NutraSciences Inc. ("BlueOcean") (TSX VENTURE: BOC) is pleased to announce that it has signed a Project Development Agreement ("PDA") with a commercial algae producer to enhance their current microalgae production using BlueOcean's proprietary CO2 infusion system. The project will commence on April 15, 2015 and be completed by September 30, 2015 and will include the application of BlueOcean's CO2 infuser to the commercial algae producer's current growth system at bench scale. Upon completion of the project and review of the results, the companies may enter into a licensing arrangement to use BlueOcean's proprietary CO2 infusion system in the commercial algae producer's algae growth system to attain enhanced algae biomass production. [ABSTRACT FROM PUBLISHER]
Database:	Newspaper Source Plus
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Abstract:	TORONTO, ONTARIO -- (Marketwired) -- 03/27/15 -- BlueOcean NutraSciences Inc. ("BlueOcean") (TSX VENTURE: BOC) is pleased to announce that it has signed a Project Development Agreement ("PDA") with a commercial algae producer to enhance their current microalgae production using BlueOcean's proprietary CO2 infusion system. The project will commence on April 15, 2015 and be completed by September 30, 2015 and will include the application of BlueOcean's CO2 infuser to the commercial algae producer's current growth system at bench scale. Upon completion of the project and review of the results, the companies may enter into a licensing arrangement to use BlueOcean's proprietary CO2 infusion system in the commercial algae producer's algae growth system to attain enhanced algae biomass production. [ABSTRACT FROM PUBLISHER]