Neptune Industries, Inc. (OTCBB: NPDI), a
next generation aquaculture technology company, headquartered in Boca
Raton, said today its "Fish Farm to Fuel" technology is featured as the
cover story in the recently released August 2008 edition of Bio Diesel
Magazine. An online version of the article can be viewed at
http://biodieselmagazine.com/article.jsp?article_id=2557.
Neptune is pioneering a new technology for commercializing the production
of algae that uses the waste that is generated from fish farming as
fertilizer.
The company received a Farm-to-Fuel grant from the State of Florida in
January 2008, and has since developed two pilot scale floating production
systems that are expandable, and suitable for any water-based environment.
The company is currently working with a number of different algae species
which could lead to production of more than 14,000 gals of bio diesel fuel
per acre. Incorporating algae production into a fish farming system saves
production costs of the algae, while allowing the independent operation of
each system.
Mr. Sal Cherch, Neptune's Chief Operating Officer, said, "We believe that
producing 'bio diesel' fuels from fish waste could make a meaningful
contribution to solving the energy crisis, and we are delighted to see the
company's work featured in a major industry journal. By using Neptune's
patent pending Aqua-Sphere® technology as a platform, the production of
algae, which is then refined into bio fuels, becomes an economically viable
method of producing millions of gallons of fuel."
Bio Diesel Magazine stated, "Neptune Industries Inc. and its subsidiaries
have come up with a way to solve a long-standing problem in aquaculture --
how to keep the fish excreta and uneaten food from becoming a pollution
problem," says company Chief Executive Officer Ernest Papadoyianis. "The
company's technology, called the Aqua-Sphere®, keeps this waste out of
the environment and collects it so it can be used for other purposes. One
of those purposes is algae production for bio diesel feedstock. Neptune
Industry's algae system is uncomplicated and takes advantage of the
Aqua-Sphere's® environment."
About Neptune Industries
Neptune Industries is a technology company which from inception has been
committed to achieving sustainable, eco-friendly aquaculture by innovating
and pioneering a "total and comprehensive integrated systems solution"
approach to the mission critical challenges facing the Aquaculture Industry
today.
