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Green Star to Relocate and Expand Microalgae Lab Facility


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© Business Wire 2008
2008-05-15 17:41:55 -

- Green Star Products, Inc. (OTC:GSPI), and its consortium partner Biotech Research, Inc., announced today that they plan to move the existing microalgae laboratory facility now located at the UABC University in Ensenada, Mexico, to Utah (see 4 minute UABC video on our website GreenStarUSA.com).

The Ensenada lab facility has been responsible for developing commercial algae strains for oil

production (to biodiesel) and also high-protein algae biomass as a food source. The Ensenada facility is also responsible for developing algae harvesting and production techniques.

Microalgae can produce 100 times more oil and 50 times more food per acre than traditional agricultural crops (i.e. soy, corn, wheat, etc.).

The Ensenada facility and its algae biotechnology team will be moving to the new expanded facilities in Utah to support the planned commercial algae production facility scheduled to go into operation in the 2008-2009 timeframe.

The new lab facility will also be supported by development efforts from other universities, consortium partners, and associated industrial technology companies.

GSPI will be responsible for providing field engineering and construction for the new lab facility and the planned commercial algae facility and will participate in the profits distribution on an ongoing basis from the commercial project.

For other important algae information see the recent press release dated May 9, 2008, titled "Green Star Releases Complete Algae Demonstration Report."

The Utah laboratory will also have capabilities to support other Green Star/Biotech Research commercial microalgae production facilities in the U.S.

Green Star Products, Inc. (OTC:GSPI) is an environmentally friendly company dedicated to creating innovative cost-effective products to improve the quality of life and clean up the environment. Green Star Products and its Consortium are involved in the production of green sustainable goods including renewable resources like algae biodiesel and clean-burning biofuels, cellulosic ethanol and other products, as well as lubricants, additives and devices that reduce emissions and improve fuel economy in vehicles, machinery and power plants. For more information, see Green Star Products' website at www.GreenStarUSA.com, or call Investor Relations at 619-864-4010, or fax 619-789-4743, or email info@GreenStarUSA.com. Information about trading prices and volume can be obtained at several Internet sites, including www.pinksheets.com, www.bloomberg.com and www.bigcharts.com under the ticker symbol "GSPI."

Forward-looking statements in the release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence on third-party suppliers, and other risks detailed from time to time in the company's periodic filings with the Securities and Exchange Commission.

Green Star Products, Inc.
Joseph LaStella, President, 619-864-4010
Fax: 619-789-4743
info@GreenStarUSA.com


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