BioCentric Energy Plans Travels to Evaluate High Yielding and Cost-Effective Algae Oil Extraction Options

SANTA ANA, CA -- (Marketwire) -- 03/24/10 -- BioCentric Energy Holdings, Inc. (PINKSHEETS: BEHL) announces that while developing its low-cost, commercial closed-loop integrated photobioreactor systems, the Company has invested significant time and effort researching all potential methods and processes for extracting oil from algae. With several extraction methods to choose from, BioCentric Energy's goal was to develop extraction methods that would be cost effective, environmentally friendly and yield the highest amount of algae oil.

Although the Company has successfully extracted significant quantities of oil using their in-house developments and partnerships, their research has revealed new alternative processes that could afford even higher yields of high quality oil from a given algae strain.

In the next 30 days, the BioCentric Energy team of engineers and scientists will be traveling extensively throughout the US to witness first-hand, and evaluate these new and innovative methods for extracting algae oil. During their travels, the BioCentric Energy team will consider parameters such as the geographical location of the extractor and any potential logistics challenges for shipping the algae biomass, its state of commercial readiness and scalability, the cost and energy consumption per gallon of extracted oil, the percentage of oil that can be extracted from any given algae biomass, and finally the ability to separate the different highly valuable components in the Company's algae oils during the extraction process. Once the team has collected this information, BioCentric Energy will determine the most cost-effective and highest yielding processes to meet our commercial goals.

Chairman of the Board, Mr. Dennis Fisher, stated, "The Algae oil extraction process is a key unit operation in bringing BioCentric Energy and its clients into profit and we are very pleased to have a viable solution in house and also some leads towards potentially even better options."

Mr. Rick Armstrong and Tim Tompkins from RWE (Renewed World Energies) a majority owned subsidiary of Aventura Equities (PINKSHEETS: AVNE), will be traveling from South Carolina to the BioCentric Energy headquarters in Santa Ana, CA this week to install the automation and help complete the final installation of the Company's commercial closed-loop system. The working Commercial closed-loop photobioreactor will have its newly designed pumps and valves and the Siemens PLC system. With the upcoming launch of the Company's new website, shareholders and clients will be welcomed to view the working commercial system live via the bio-cam.

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Safe Harbor Statement: This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as BEHL or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements.

All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.

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Monique Berry - President
BioCentric Energy Holdings, Inc.
Office: 714-966-1234 (101)

Renewed World Energies

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