Former Chevron CTO Joins LiveFuels Scientific Advisory Board

Dr. Donald Paul Brings Energy Industry Expertise to Algae-to-Fuel Innovator
SAN CARLOS, Calif.--(Business Wire)--
LiveFuels, Inc., a developer of algae-based renewable fuel, today announced the
addition of Dr. Donald (Don) L. Paul to the company`s scientific advisory board.

Dr. Paul spent 33 years working with Chevron, ultimately retiring in 2008 as
vice president and chief technology officer (CTO) and currently directs the
Energy Institute at the University of Southern California (USC), helping to
shape the university`s larger efforts in the areas of energy systems and
technology.

"We know today that biofuel technology can create renewable materials which
integrate into the petroleum processing system to produce transport fuels; what
we need are business models for producing them sustainably and at the much
larger scale needed to materially diversify our long-term liquid supply," said
Dr. Paul. "LiveFuels may be the only startup company that has thought about
algal biofuel production from start-to-finish in the context of the existing
fuel infrastructure."

As CTO of Chevron, Dr. Paul led the global energy company`s multiple research
and technology subsidiaries, focusing on industrialization of technologies
ranging from exploration and processing solutions to competitive biofuel
systems. Dr. Paul oversaw Chevron`s efforts to build partnerships with U.S.
government agencies and national laboratories in energy research and
development, as well as alternative fuel infrastructure, high-performance
computing, and cyber-security.

Along with his duties at Chevron, Dr. Paul put together the challenging 2007 and
2008 "Supply" sections of the National Petroleum Council`s publication Hard
Truths: Facing the Hard Truths about Energy. One of the essential findings of
that report was the world`s supply system must significantly expand the
production of liquids from "unconventional" sources, including
biologically-derived feedstock.

"Don`s knowledge of the energy industry is awe-inspiring," said CEO Lissa
Morgenthaler-Jones. "Working with the current energy infrastructure will be
imperative for sustainable algae companies. Few people on earth understand
energy like Don Paul and we are fortunate he joined our team."

About LiveFuels, Inc.

LiveFuels was founded in 2006 to develop an efficient and scalable algae-based
biofuel process. After a year of strategic planning with DOE national labs,
LiveFuels began pilot operations across the U.S. The company has generated
extensive intellectual property and is well on its way to producing an
economically feasible and sustainable algal fuel.

Antenna Group (for LiveFuels)
Edward Sullivan, 415-977-1931
edward@antennagroup.com

Copyright Business Wire 2009