NEW YORK, NY--(Marketwire - April 12, 2010) -  The Algal Biomass Organization (ABO), the leading trade association for the algae industry, today announced it will be hosting an Algae Finance Summit on May 13th, 2010 at New York City's Flatotel. The day-long event will provide investors, analysts and fund managers with the information needed to make informed investment decisions and recommendations regarding opportunities in the fast-developing algae for energy industry.

Key experts, including government regulators and policymakers, algae producers, legal experts and investment professionals, will offer attendees a holistic -- and realistic -- assessment of the capital needs and financing structures for algae companies and projects, as well as the role of the federal government in regulating the industry and facilitating its growth through funding. More information on the Finance Summit, including the full agenda and the online registration form, is available at:

"Our Finance Summit will provide investment professionals an exclusive opportunity to understand and confidently rank investment opportunities in the algae space," said Mary Rosenthal, Executive Director of the ABO. "As the industry continues to move towards commercial-scale production, it's important that our nation's leading investment professionals have the opportunity to better understand the risks and opportunities for investment in this burgeoning industry."

Co-chaired by John Pierce of Wilson Sonsini Goodrich & Rosati and Tom Byrne of Byrne & Company, Ltd., the Summit will feature expert panels on a variety of issues related to financing algae-related technologies, companies and projects, including: the economics of algae-based fuel production; the role of the Federal government in market development; intellectual property issues; tax equity and debt markets; and insights from leading financiers and producers on the future of the industry.

About the ABO
The Algal Biomass Organization (ABO) is a non-profit organization whose mission is to promote the development of viable commercial markets for renewable and sustainable commodities derived from algae. Its membership is comprised of people, companies and organizations across the value chain. More information about ABO, including its leadership, membership, costs, benefits and members and their affiliations, is available at the website:

Contact Information:

John Williams, Scoville PR for ABO