Cereplast to Transform Algae into Bioplastics

Breakthrough Technology Could Eventually Replace 50% or More of Petroleum-Based
Plastics Content with Algae-Based Resins
HAWTHORNE, Calif.--(Business Wire)--
Cereplast, Inc. (OTCBB:CERP), manufacturer of proprietary bio-based sustainable
plastics, announced that it has been developing a breakthrough technology to
transform algae into bioplastics and intends to launch a new family of
algae-based resins that will complement the company`s existing line of
Compostables & Hybrid resins.

Cereplast algae-based resins could replace 50% or more of the petroleum content
used in traditional plastic resins. Currently, Cereplast is using renewable
material such as starches from corn, tapioca, wheat and potatoes and Ingeo PLA.

"Our algae research has shown promising results and we believe that in the
months to come we should be able to launch this new family of algae-based
resins," stated Frederic Scheer, Founder, Chairman and CEO of Cereplast.
"Algae-based resins represent an outstanding opportunity for companies across
the plastic supply chain to become more environmentally sustainable and reduce
the industry's reliance on oil. We are still in the development phase, but we
believe that this breakthrough technology could result in a significant new line
of business in the years to come."

"Based on our own efforts, as well as recent commitments by major players in the
algae field, we believe that algae has the potential to become one of the most
important "green" feedstocks for biofuels, as well as bioplastics," continued
Mr. Scheer. "Clearly, our focus will be on bioplastics. However, for our
algae-based resins to be successful, we require the production of substantial
quantities of algae feedstock. We are very encouraged when we see big players
entering the algae production business, including Exxon`s $600 million
investment in Synthetic Genomics and BP`s $10 million investment in Martek
Biosciences."

Cereplast has initiated contact with several companies that plan to use algae to
minimize the CO2 and NOX gases from polluting smoke-stack environments. Algae
from a typical photo-bioreactor is harvested daily and may be treated as
biomass, which can be used as biofuel or as a raw material source for biopolymer
feed stock. The company is also in direct communication with potential chemical
conversion companies that could convert the algae biomass into viable monomers
for further conversion into potential biopolymers. "Algae as biomass makes sense
in that it helps close the loop on polluting gases and can be a significant
renewable resource," added Mr. Scheer.

About Cereplast, Inc.

Cereplast, Inc. (OTCBB:CERP) designs and manufactures proprietary bio-based,
sustainable plastics which are used as substitutes for petroleum-based plastics
in all major converting processes - such as injection molding, thermoforming,
blow molding and extrusions - at a pricing structure that is competitive with
petroleum-based plastics. On the cutting-edge of bio-based plastic material
development, Cereplast now offers resins to meet a variety of customer demands.
Cereplast Compostables Resins are ideally suited for single use applications
where high bio-based content and compostability are advantageous, especially in
the food service industry. Cereplast Hybrid Resins combine high bio-based
content with the durability and endurance of traditional plastic, making them
ideal for applications in industries such as automotive, consumer electronics
and packaging. Learn more at www.cereplast.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. 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.

IRTH Communications, LLC
Andrew W. Haag, Managing Partner
310-770-9661
http://www.irthcommunications.com
or
Cereplast, Inc.
Frederic Scheer, CEO
310-676-5000
Investor.relations@cereplast.com

Copyright Business Wire 2009