Seambiotic Ltd.

ASHKELON, Israel, December 2 - Seambiotic, a global leader in the development and production of marine microalgae for the nutraceuticals and biofuel industries using flue gas from electric power plants, has announced that it has signed a License Agreement and a Joint Venture Agreement with Yantai Hairong Electricity Technology Ltd.

ASHKELON, Israel - Seambiotic, a global leader in the development and production of marine microalgae for the nutraceutical and biofuel industries, has announced that its US subsidiary, Seambiotic USA, has entered into an agreement with NASA Glenn Research Center to develop an on-going collaborative R&D program for optimization of open-pond microalgae growth processes.