2009-11-10 13:18:03 -
Russell Industries, Inc. (Pink Sheets:RIND) has engaged Axis Environmental Services, Inc and Peyton and Associates Consulting, both from the Houston area, to develop its Proof of Concept Pilot to Scale sustainable algae biomass production system. Larry Peyton, a principal with Peyton and Associates Consulting states that, “The initial bench prototype should be completed by January 31, 2010.”
Earlier this year
RIND announced its intention to build a Bio Algae Farm in Houston, TX. “Recent efforts by others in our market have produced varied results, causing RIND to re-evaluate current technologies and rethink its initial methodology for high yield algae biomass production.
After considerable evaluation and planning, we are now moving forward to develop a system to produce high yield, reliable and sustainable all-season algae biomass for commercial use,” said Rick Berman, President and CEO.
About Russell Industries
Russell Industries is a developing alternative and renewable energy company. The Company is the majority owner of 255 unpatented Uranium mining claims in San Juan County, in Southern Utah. The Company is also pursuing development of a commercial scale algae production facility through its wholly owned subsidiary, Algae Farm, LLC. The Company’s websites are www.algaefarm.org :

and www.ru308.com :

, the contents of which are not incorporated by reference herein.
Safe Harbor
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties.
Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company and all affiliated parties do not assume any duty to publicly update or revise the material contained herein.
Russell Industries, Inc.Rick Berman, 832-631-6074
irrsds@aol.com : mailto:irrsds@aol.com