Sustainability Award for SEKAB

BRUSSELS - Swedish bioenergy company SEKAB was presented the prestigious
“Sustainable Bioethanol Award” for its development of verified sustainable
ethanol and the technology for bioethanol based on cellulose at an event in
Brussels including the world’s foremost leaders in biofuels.

PetroAlgae Wins Sustainable Biofuels Award at World Biofuels Markets Event

BRUSSELS - In a gala event including the world’s foremost leaders in biofuels,
PetroAlgae (OTC Bulletin Board: PALG) last night was presented the
Sustainable Biofuels Technology Award in the Technology Supplier category at
the 2009 World Biofuels Markets in Brussels.

PetroAlgae Takes Its Message of Commercialization of Next Generation Biofuels to World Biofuels Markets 09

BRUSSELS - At World Biofuels Markets (WBM) 09, the scene last year of mass protests
against corn and soy based biofuels, PetroAlgae (OTC Bulletin Board: PALG)
will this year help demonstrate the near-term commercial viability of
algae-based biofuel. In contrast with corn and soy, algae does not compete
with the food supply, actually consumes C02 (2.2 times its own weight),
leaves no toxic waste during the harvesting process, is essentially carbon
neutral and is 25x to 100x more productive than other crop feedstocks.
PetroAlgae can replace the entire world’s supply of diesel on a very small
fraction of the Earth’s landmass.

Touch Base With Investors and High-Tech Space Spin-off Companies

BRUSSELS - The 3rd European Space Agency (ESA) Investment Forum will take
place near Brussels (Dolce La Hulpe) on the 7th of April 2009. It brings
together international investors specialised in seed and early stage funding,
looking for hot new ideas, with innovative fledgling high-tech companies, who
are seeking funds to get their business up and running.

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