2010-06-21 20:03:01 -
Russell Industries, Inc. (Pink Sheets:RIND) has obtained data from four independent testing facilities. Algae biomass grown, harvested and extracted from two bioreactors developed in its Proof of Concept Pilot to Scale Algae Biomass Project were sampled to determine an initial attained growth rate and suitability. The initial growth rate attained was .67 per liter with continuous removal of biomass, 3% maximum concentration of algae in water, 30% maximum lipid recovery and a 1.7 doubling rate days. Fatty acids analysis data showed greater unsaturated composition. Two suitable uses of unsaturated algae biomass are feedstock to be refined in biodiesel production and as a protein supplement for nutraceutical markets.
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 consolidated website will now be www.russind.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, 832-631-6074e-mail:
irrsds@aol.com : mailto:irrsds@aol.com
