Los Angeles Business Journal Profiles OriginOil

City's Official Business Magazine Introduces OriginOil in
Full-Page Article
LOS ANGELES--(Business Wire)--
OriginOil, Inc. (OTCBB: OOIL), the developer of a breakthrough
technology to transform algae, the most promising source of renewable
oil, into a true competitor to petroleum, reported today that the
weekly Los Angeles Business Journal has featured OriginOil in its
August 4th issue.

The Los Angeles Business Journal is the city's business magazine
of record. In the full-page profile, entitled "On Golden Pond?",
available on newsstands and online at the Los Angeles Business
Magazine website, staff reporter Richard Clough interviewed CEO Riggs
Eckelberry on how the company was launched, its technology and its
prospects.

The profile featured commentary by Neil Sullivan, an investor in
OriginOil, who said: "It's innovative technology, it's in the right
sector and it's got a tremendous CEO in Riggs Eckelberry and a proven
veteran in the alternative energy field - Paul Reep."

Marc Levinson, a biofuel analyst for JP Morgan Chase & Co., also
commented: "Levinson said algae hold promise because, unlike corn- and
sugar-based ethanol, algae do not require extensive farmland and are
not affected by shifts in food prices."

Levinson further noted algae is "a long way from prime time." His
comment echoed Mr. Eckelberry's contention: "Algae has been spoken
about for 25 years as being the fuel of the future," he said. "And
it's still the fuel of the future. Somebody's got to bring it into the
present."

In the profile, Mr. Eckelberry also discussed the company's
business strategy of developing the technology and licensing it to
biofuel producers worldwide. He remarked: "We're going to basically
facilitate this algae revolution. One company is not going to make
algae for everybody else. We decided to make systems and solutions
that can be delivered widely in the industry."

In closing, Clough reported on the company's status as a public
company. He wrote: "...for all the risk inherent in...volatile stocks,
OriginOil has remained fairly consistent. After opening at 10 cents,
the company's stock rose to 20 cents by the end of its first day of
trading. As of last week, shares were trading at 45 cents - near its
all-time high."

About OriginOil, Inc.

OriginOil, Inc. is developing a breakthrough technology that will
transform algae, the most promising source of renewable oil, into a
true competitor to petroleum. Much of the world's oil and gas is made
up of ancient algae deposits. Today, our technology will produce "new
oil" from algae, through a cost-effective, high-speed manufacturing
process. This endless supply of new oil can be used for many products
such as diesel, gasoline, jet fuel, plastics and solvents without the
global warming effects of petroleum. Other oil producing feedstock
such as corn and sugarcane often destroy vital farmlands and
rainforests, disrupt global food supplies and create new environmental
problems. Our unique technology, based on algae, is targeted at
fundamentally changing our source of oil without disrupting the
environment or food supplies. To learn more about OriginOil (TM),
please visit our website at www.originoil.com.

Safe Harbor Statement:

Matters discussed in this press release contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. When used in this press release, the words
"anticipate," "believe," "estimate," "may," "intend," "expect" and
similar expressions identify such forward-looking statements. Actual
results, performance or achievements could differ materially from
those contemplated, expressed or implied by the forward-looking
statements contained herein, and while expected, there is no guarantee
that we will attain the aforementioned anticipated developmental
milestones. These forward-looking statements are based largely on the
expectations of the Company and are subject to a number of risks and
uncertainties. These include, but are not limited to, risks and
uncertainties associated with: the impact of economic, competitive and
other factors affecting the Company and its operations, markets,
product, and distributor performance, the impact on the national and
local economies resulting from terrorist actions, and U.S. actions
subsequently; and other factors detailed in reports filed by the
Company.

Release Summary:

Los Angeles Business Journal has featured OriginOil, Inc. (OTCBB:
OOIL), developer of a breakthrough technology to transform algae into
a true competitor to petroleum, in its August 4th issue.

Keyword Tags:

algae oil, algae power, algae to oil, alternative power algae,
biofuel producers, los angeles business journal, oil algae, oil from
algae, ooil, originoil, paul reep, riggs eckelberry

Press Contact:
Patti Caron
Toll-free: 877-999-OOIL(6645) Ext. 643
International: +1-424-202-6944
Fax: 424-203-2044
pr@originoil.com
or
Investor Relations Contact:
Tom Becker
Toll-free: 877-999-OOIL(6645) Ext. 641
International: +1-424-202-6944
Fax: 424-203-2044
ir@originoil.com
www.originoil.com

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