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Carbon Sciences Announces Joint Research Agreement With University and Its Research Team
Research Team From Finland Is Considered Among the World's Leaders in Carbon Mineralization Research
| Source: Carbon Sciences Inc.
SANTA BARBARA, CA--(Marketwire - June 30, 2008) - Carbon Sciences Inc. (OTCBB : CABN ), the
developer of a breakthrough technology to transform harmful carbon dioxide
(CO2) into high value, earth-friendly products, today announced that it has
signed a joint research agreement with Abo University, Finland.
The research team led by Professor Ron Zevenhoven at Abo University is
considered among the world's leaders in carbon transformation research.
Carbon transformation, technically referred to as carbon mineralization, is
a process in which CO2 is combined with rock minerals to produce a solid
carbonate. Due to the unique geology of Finland, underground sequestration
of CO2 is not an economically viable option. Therefore, an important
option for CO2 mitigation in Finland is carbon transformation.
Derek McLeish, the company's CEO, commented, "Carbon Sciences is aligning
with various international strategic partners. With the completion of this
agreement, we'll be working with the world's premier researchers in CO2
carbon transformation."
"We are pleased to be researching carbon mineralization technologies with
Carbon Sciences," stated Professor Ron Zevenhoven of Abo University. "Our
research associates have studied and worked with many promising approaches
to permanently capturing CO2 in the last decade. We are delighted to be
working with Carbon Sciences, a visionary company in the industry."
Professor Zevenhoven, formerly of Helsinki University, has been at the
forefront of this research for many years. Geological sequestration or
underground storage is one of the proposed solutions for mitigating CO2
emissions. However, in many instances it is simply not feasible,
geographically or economically, to bury CO2 underground. Long term
environmental and human risks and their associated costs argue instead for
other technical solutions. Carbon Sciences' technology transforms CO2,
using a carbon mineralization process, into high value products used in
everyday life.
About Carbon Sciences Inc.
Carbon Sciences Inc. is developing a breakthrough technology to transform
harmful carbon dioxide (CO2) emissions from human created sources, such as
power plants and industrial factories, into high value, earth-friendly
products. The initial application of our patent-pending technology is
targeted at a multi-billion dollar market. We are developing a proprietary
process to transform CO2 emissions into a high value chemical compound,
currently used in the production of paper, pharmaceuticals and plastics.
Unlike existing methods of production, our process will be carbon neutral,
use less energy and result in a lower cost product. To learn more about
Carbon Sciences, please visit our website at http://www.carbonsciences.com.
Safe Harbor Statement
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forward within the meaning of the Private Securities Litigation Reform Act
of 1995. When used in this press release, the words "anticipate,"
"believe," "estimate," "may," "intend," "expect" and similar expressions
identify such statements that look forward. Actual results, performance or
achievements could differ materially from those contemplated, expressed or
implied by the statements that look forward contained herein, and while
expected, there is no guarantee that we will attain the aforementioned
anticipated developmental milestones. These statements that look forward
are based largely on the expectations of the Company and are subject to a
number of risks and uncertainties. These include, but are not limited to,
risks and uncertainties associated with: the impact of economic,
competitive and other factors affecting the Company and its operations,
markets, product, and distributor performance, the impact on the national
and local economies resulting from terrorist actions, and U.S. actions
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