PetroAlgae Opens Office in Washington D.C.

Company Appoints Three Executives to Continue to Build Support for Biofuels in
Washington D.C.
MELBOURNE, Fla.--(Business Wire)--
PetroAlgae (OTCBB: PALG), an emerging renewable energy company, has appointed
three executives to work closer with the Obama Administration, Congress,
non-profit groups, and the business community to help reduce America`s
dependence on fossil fuels by creating a marketplace for clean, sustainable
sources of energy. The three new appointments are Andrew Beck, who has joined
the company as vice president of public affairs; Michael Gale and George Lyons,
who have both joined the company as vice presidents of government relations.

"One of the most effective responses to the challenges of restoring our nation`s
economy and responding to our climate and energy crisis is a green recovery,"
said Dr. John Scott, Chairman of PetroAlgae. "These three talented individuals
will lead PetroAlgae`s discussions with the Obama Administration, Members of
Congress and others in Washington to help educate the country on the ability of
clean-energy to help create new jobs and contribute to the nation`s economic
recovery."

Mr. Beck will manage PetroAlgae`s strategic communications, public outreach and
media relations operations. Beck comes to the company from the U.S. Department
of Energy where he served as director of public affairs. He also worked as the
deputy associate administrator of public affairs for the U.S. Environmental
Protection Agency.

Mr. Gale will manage PetroAlgae`s interactions with government officials with a
focus on energy, environmental, tax and international issues. Gale previously
served as the president of Government Relations and International Trade
Strategies. He also worked as vice president for international trade and
government relations at Warnaco Inc.

Mr. Lyons will manage PetroAlgae`s interactions with government officials with a
focus on energy, tax, appropriations, and state issues. Before joining the
company, Lyons served as a principal at the Gimga Group. Prior to that, Lyons
served as the vice president of District of Columbia affairs at Pepco Holdings,
Inc. and vice president of government and public affairs at Exelon Corp.

About PetroAlgae

PetroAlgae (OTCBB: PALG), a leading alternative energy company, licenses a
commercial micro-crop technology system that produces clean fuel and food in an
environmentally sustainable manner. Through a modular, flexible design
construction, PetroAlgae enables a near-continuous growing and harvesting
process of a wide variety of micro-crops suited to local climates, ensuring
maximum growth rates. PetroAlgae`s globally scalable system produces a
cost-effective alternative to fossil fuels and high-value protein while
absorbing carbon dioxide from greenhouse gas emissions. The Florida-based
company is expected to establish first-mover advantage in the biofuels industry
and offers a path to sustainable and clean energy independence while promoting
local job growth.

For further information on PetroAlgae, please visit www.petroalgae.com.

Forward Looking Statements: This news release may contain certain
"forward-looking statements." Forward-looking statements are based on current
expectations and assumptions and are inherently subject to risks and
uncertainties, some of which cannot be predicted or quantified, and many of
which are beyond the Company`s control. Actual results could differ materially
from these forward-looking statements as a result of a number of factors,
including the uncertainty of the launch of our commercialization strategy, and
other risks associated with the development or acquisition of new products or
technologies and those risks detailed in the Company`s filings the SEC. Given
these risks and uncertainties, investors are cautioned not to place undue
reliance on such forward-looking statements and no assurances can be given that
such statements will be achieved. The Company and all affiliated parties do not
assume any duty to publicly update or revise the material contained herein.

Weber Shandwick Seattle
Katie Hays, (425) 452-5428
khays@webershandwick.com
or
Investor Relations International
Haris Tajyar, (818) 382-9700
htajyar@irintl.com

Copyright Business Wire 2009