NEW YORK, NY -- (Marketwire) -- 01/11/12 -- World Health Energy Holdings, Inc. (OTCQB: WHEN) (PINKSHEETS: WHEN), a public holding company developing joint venture partnerships for algae production for biodiesel and commercial fish food, announced today the signing of a Letter of Intent to acquire the rights to the Middle East from GNE Inc. According to Middle East North Africa Financial network, Middle East oil consumption is over 6.2 million barrels per day, or over 2263 million barrels per year. (A dollar value of over 200 Billion USD) (http://www.menafn.com/qn_news_story_s.asp?StoryId=1093202639)
A significant factor in using algae for Biodiesel production is an ancillary use of algae as a commercial fish food for the production of a new affordable food source in the Middle East. Quoting Foreign Policy is "Get ready, farmers and foreign ministers alike, for a new era in which world food scarcity increasingly shapes global politics."
With water crisis developing in the Middle East growing algae strains suited for seawater is a custom solution that the proprietary GB 3000 system offers. (http://www.npr.org/templates/story/story.php?storyId=122294630).
World Health Energy Holdings, Inc. recently acquired GNE-India, an algae technology company with the distribution and licensing rights to a unique and innovative technology, the GNE GB 3000 system, to grow algae quickly and efficiently for the production of biodiesel and commercial fish food protein. GNE-India owns and retains the territorial rights for distribution and sales of the proprietary technology to both India and Sri Lanka. The company has exclusive distribution and licensing rights to the GNE GB 3000 system in India and Croatia. Earlier this year, the GB 3000 system was used to grow a combination of local algae species, as well as Chlorella, targeting the product to the fish feed and biodiesel markets.
World Health Energy Holdings, Inc. is focused on bio-fuels produced from algae, which boasts substantially higher yields in comparison to ethanol derived from corn, rapeseed, jathropa and palm oil. The company also works with visionary enterprises in the multi-billion dollar renewable energy arena producing progressive, broad-based solutions for better physical, nutritional and environmental health worldwide. In addition, the company is pursuing an ancillary use of algae -- the efficient production of high-protein fish feed for commercial fish farms.
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About World Health Energy Holdings, Inc.
World Health Energy Holdings, Inc. is an emerging algae for food and renewable energy biofuel company. The company will produce, sub-license and market high-quality, low cost B100 Biodiesel to replace traditional fossil fuels with proprietary algae biofuel systems. Corporate website: http://www.worldhealthenergy.com
About GNE-India, Inc. http://www.gne.bz
GNE Global Natural Energy Ltd. is an algae tech company with unique systems to grow algae commercially for energy and food. The Company was founded by top experts in the plant and algae field after several years of research and development to create affordable and viable algae biofuel systems.
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