Cereplast Inc. Unveils New Algae-to-Bioplastics Technology as Bio-based Fuel Sources Gain Popularity and Momentum

October 22, 2009 7:00 AM EDT

DALLAS--(BUSINESS WIRE)-- Cereplast Inc. (OTCBB: CERP) receives reiterated Speculative Buy from Beacon Analyst, Victor Sula, Ph.D.

The full report is available at http://www.beaconequity.com.

Anyone interested in receiving alerts regarding CERP research should e-mail members@beaconequity.com with "CERP" in the subject line.

In the Beacon Equity report, the analyst writes, "On October 20, 2009, CERP announced its new technology for transforming algae into bioplastics. The Company plans to launch a new family of algae-based resins which will complement its existing line of Compostables(R) and Hybrid Resins(R). ... CERP's new technology comes at the same time interest in algae production is growing, as evidenced by Exxon's $600 million investment in Synthetic Genomics and British Petroleum's $10 million investment in Martek Biosciences."

Other companies in the basic materials sector include: Praxair Inc. (NYSE: PX), Albemarle Corp. (NYSE: ALB), Chemical & Mining Co. of Chile Inc. (NYSE: SQM) and International Flavors & Fragrances Inc. (NYSE: IFF).

Beacon Equity Research Disclosure

The analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. BeaconEquity.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities BeaconEquity is a Web site wholly owned by BlueWave Advisors, which has been compensated one million five hundred restricted rule 144 shares from CERP, in addition to previous compensation of five thousand dollars from CERP for this e-mail distribution and fifteen-thousand dollars by a non-controlling third party for previous work done in respect to CERP as a marketing budget to manage a comprehensive investor awareness program including the creation and distribution of this report as well as other investor relations efforts. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. Please read our report and visit our Web site, BeaconEquity.com, for complete disclosures. CRD number 2207572

    Source: Cereplast Inc.

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