Stocks & Investing
Stocks and Investing
Stocks and Investing
Wed, July 14, 2010
Tue, July 13, 2010 BioLargo Adds Dr. Vikram Rao, Former Halliburton CTO, to Its Team
LA MIRADA, CA--(Marketwire - July 13, 2010) - BioLargo, Inc. (
"I believe that the BioLargo technology presents a unique and cost effective solution for a number big problems facing any industry that is dealing with [ contaminated water ]," stated Rao. "I look forward to working closely with the BioLargo team to help serve these important industries."
Having spent more than 30 years at Halliburton, most recently serving as senior vice president and chief technology officer, Rao now serves as the Executive Director of the Research Triangle Energy Consortium (RTEC). RTEC was formed in 2007 by the University of North Carolina at Chapel Hill, Duke University, North Carolina State University and the RTI (Research Triangle Institute) International to highlight energy issues, better inform academics, industry, policy makers and investors, and conduct research and development to create sustainable sources of energy.
Rao is the author of more than 40 publications and has been awarded 24 patents in fields that include non-ferrous metal refining, alloy formulations, and oil and gas technology. Rao earned a doctorate degree and a master's in engineering from Stanford University, and holds a bachelor's degree in engineering from the Indian Institute of Technology in Madras, India. He also serves as a senior science advisor to Global Resource Corp. which features a patented microwave technology serving the oil and gas industry.
"With more than 30 years of engineering experience and as the holder of more than 20 patents, Vik brings a wealth of knowledge and experience to BioLargo," stated Dennis P. Calvert, President & CEO. "Our recent technical advancements for contaminated water solutions have opened up several major commercial markets for BioLargo. With Vik's leadership, we can move swiftly and wisely to capitalize on and manage the significant opportunities ahead."
About BioLargo
BioLargo's ([ www.BioLargo.com ]) business strategy is to harness and deliver Nature's Best Solution(TM) -- free-[ iodine ] -- in a safe, efficient, environmentally sensitive and cost-effective manner. BioLargo's proprietary technology works by combining micro-nutrient salts with liquid from any source to deliver free-iodine on demand, in controlled dosages, in order to balance efficacy of performance as a disinfectant or odor control application, with concerns about toxicity. BioLargo's technology has potential commercial applications within global industries, including but not limited to agriculture, animal health, beach and soil environmental uses, consumer products, food processing, medical, and water. Odor-No-More products are sold by BioLargo's wholly owned subsidiary, Odor-No-More, Inc. ([ www.OdorNoMore.com ]). BioLargo also markets an iodine based water [ disinfection ] technology, the Isan system, via its strategic partner, Ioteq IP Pty Ltd.
Safe Harbor Statement
The statements contained herein, which are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, BioLargo's filings and future filings with the Securities and Exchange Commission, including those set forth in the BioLargo's Annual Report on Form 10-K for the year ended December 31, 2009.
