SANTA ANA, Calif., Aug. 12, 2010 (GLOBE NEWSWIRE) -- With great enthusiasm, BioCentric Energy Holdings, Inc. (Pink Sheets:BEHL) President, Monique Berry announced execution of a multi-million dollar contract today with a Nevada health drink company. The name of the company, officers, board members and other relative details of the contract will be announced in a BEHL press release on Friday, August 13th. While some details of this contract will remain confidential, Ms. Berry stated, "The contract details a sole and exclusive sales and marketing agreement as well as an annual licensing agreement."
BEHL's 2nd quarter financial report is in current status and has been posted on pink sheets. Shareholders can view BioCentric Energy's filing at: http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=35081
Last Tuesday, August 10th, potential clients from China visited the BEHL headquarters. Their interest is to deploy 50+ acres of PBR systems in Southern California on land currently available and zoned for light agriculture. The clients spent substantial time with both Dennis Fisher, Founder and Chairman of the Board and President Monique Berry examining the Company's PBR and PLC control systems. Ms. Berry stated, "Their interest to invest into BEHL products and services is very high. They understand the high market demands for algae products and believe BioCentric Energy's PBR systems would be a sound investment."
A business development company located in the South will be visiting the BEHL headquarters on Wednesday, August 18th to investigate the potential benefits of deploying tens of acres of the Company's PBR systems in states facing economic challenges. BioCentric Energy is looking forward to this meeting and will be providing shareholders with updates on this venture.
As a reminder, the BEHL open house is scheduled for Saturday, August 21st, at 12:00pm at the Company's headquarters in Santa Ana, California. Registration is required for all attendees including family members and friends through the BioCentric Energy website (www.biocentricenergy.com). The Santa Ana Hampton Inn will provide complimentary round trip shuttle service for this event.
The BioCentric Energy Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7468
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.