Cereplast, Inc. Joins Algae Biomass Organization
EL SEGUNDO, Calif., March 13, 2013 (GLOBE NEWSWIRE) -- Cereplast, Inc.
(OTCQB:CERP) (the "Company"), a leading manufacturer of proprietary biobased,
compostable and sustainable bioplastics, today announced that it has joined
the Algae Biomass Organization (ABO).
The ABO is a non-profit organization that promotes the development of viable
commercial markets for renewable and sustainable commodities derived from
algae. Its primary goals include facilitating the commercialization and market
development of microalgae biomass for the production of biofuels and
greenhouse gas abatement.
Cereplast has been a pioneer in algae-based plastics, and recently
incorporated a new wholly owned subsidiary, Algaeplast™, Inc. Algaeplast will
develop and commercialize algae bioplastics, with an ultimate goal of
developing new monomers and polymers made from algae within the next five
"Cereplast's algae bioplastics are a perfect example of the wide range of
sustainable products that are being derived from algae," said Mary Rosenthal,
Executive Director of the ABO. "We're thrilled they are joining ABO and
supporting the ranks of innovative companies, research organizations and
end-users working to make algae a source of valuable and sustainable
About the Algae Biomass Organization
The Algae Biomass Organization (ABO) is a 501 c(6) non-profit 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: www.algaebiomass.org.
About Cereplast, Inc.
Cereplast, Inc. (OTCQB:CERP) designs and manufactures proprietary biobased,
sustainable bioplastics which are used as substitutes for traditional plastics
in all major converting processes - such as injection molding, thermoforming,
blow molding and extrusions - at a pricing structure that is competitive with
traditional plastics. On the cutting-edge of biobased plastic material
development, Cereplast now offers resins to meet a variety of customer
demands. Cereplast Compostables® resins are ideally suited for single-use
applications where high biobased content and compostability are advantageous,
especially in the food service industry. Cereplast Sustainables® resins
combine high biobased content with the durability and endurance of traditional
plastic, making them ideal for applications in industries such as automotive,
consumer electronics and packaging. Learn more at www.cereplast.com. You may
also visit the Cereplast social networking pages at Facebook.com/Cereplast,
Twitter.com/Cereplast and Youtube.com/Cereplastinc.
The Cereplast, Inc. logo is available at
CONTACT: Cereplast, Inc.
(310) 615-1900 x154
Alliance Advisors, LLC
Cereplast, Inc. Logo
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