|Carbon Sciences Announces Product Development Plan|
|Three-Phase Plan to Deliver Breakthrough Technology to the Market |
Santa Barbara, CA - October 18, 2007 - Carbon Sciences, Inc. (OTCBB: CABN), the developer of a breakthrough technology to transform earth destroying carbon dioxide (CO2) into earth friendly carbon products, today announced its product development plan.
The Company's breakthrough technology, GreenCarbon™, is a patent pending carbon transformation technology that can convert harmful carbon dioxide into useful carbonate products for use in building materials, paper, plastics, fertilizers and other industrial applications.
To commercialize the GreenCarbon technology, Carbon Sciences has committed to the following three-phase product development plan:
The Company's Pilot Plant will serve as the basis for large commercial systems that can be deployed worldwide for multi-Giga Watt coal-fired power plants.
- Phase I: GreenCarbon Mobile Prototype — A prototype system for concept demonstration and chemistry optimization.
- Phase II: GreenCarbon Mini-Pilot System — Complete small scale system for field test and scalability optimization.
- Phase III: GreenCarbon Pilot Plant — Full scale system for deployment adjacent to a coal-fired power plant.
Coal, the most abundant and most polluting energy source on earth, accounts for 40% of total world electricity generation and over 25 billion metric tons of CO2 emissions per year. Current coal reserves are estimated to meet energy demands for several generations -- 285 years in the United States.
Derek McLeish, the Company's CEO, commented, "The continual use of coal to power global industrialization is an economic reality due to its abundance. It is unlikely that coal will be displaced by an alternative energy source anytime soon. Therefore, an immediate solution must be employed to reduce coal induced CO2 emissions. By doing so, coal can be a clean energy source for generations to come. We believe our GreenCarbon technology is that solution. We believe that transforming CO2, an industrial byproduct, into a useful raw material is the most sensible solution over other approaches like carbon credit or geologic and ocean carbon sequestration. We are very excited about the prospects of completing our Mobile Prototype before the end of this quarter."
About Carbon Sciences, Inc.
Carbon Sciences, Inc. is developing an innovative technology to transform earth destroying carbon dioxide (CO2) into earth friendly carbon products. We call this breakthrough GreenCarbon(TM) Technology. By eliminating harmful CO2 from human created sources, such as power plants and industrial factories, we will help reduce global warming. By transforming harmful CO2 into useful carbon products, such as building materials, paper, plastics and fertilizers, our patent-pending technology will help create environmentally friendly products and industries. To learn more about the Company, please visit our website at
Safe Harbor Stmt: Matters discussed in this press release contain statements that look 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 subsequently; and other factors detailed in reports filed by the Company.
|Date: Thursday, October 18, 2007|
Continue to About Carbon Sciences