Wednesday, January 21, 2009

BioCentric Energy Holdings, Inc. Announces Management Changes -- Dennis Fisher and Dennis Shen Appointed as Board Members

HUNTINGTON BEACH, CA--(MARKET WIRE)--Jan 21, 2009 -- BioCentric Energy, Inc. has appointed both Dennis Fisher and Dennis Shen as board members for BioCentric Energy Holdings (Other OTC:BEHL.PK - News). As part of the merger agreement Mr. Dan Motsinger shall be resigning as both a board member and as President. Mr. Fisher shall also be placed as President of BEHL.
Dennis Fisher, Board Member and President for BioCentric Energy, Inc., stated today," For a number of years we have been building Our Unique Green Team which consists of proven capable and successful professionals that are and have been committed to delivering our country and our planet a profitable path to reduce global warming." Mr. Fisher went on to say, "Approximately one third of the CO2 Green House Gas Emissions are directly attributed to the production of energy in our country (http://fossil.energy.gov/programs/sequestration/publications/programplans/2005/sequestration_roadmap_2005.pdf). Our primary focus is the delivery of our low cost photobioreactor systems that take the emissions from smoke stacks and, in a closed loop environment, grow algae for production and harvest."

BioCentric Energy, Inc., subsidiary of BioCentric Energy Holdings Inc., is dedicated to the development of new technologies as well as acquiring and fostering companies with innovative technologies designed to provide unique and effective green energy solutions for the 21st century. Along with the cultivation of important relationships and partnerships with synergistic entities, BioCentric Energy has devoted substantial time and effort to research and development in order to bring a range of innovative green alternatives to the marketplace.

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

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