The attached paper, Algal Biofuels Research, Development, and Commercialization Priorities: A Commercial Economics Perspective, was submitted by Phillip Brown, President and COO of Diversified Energy Corporation. It is based on a comprehensive technical, cost, and commercial economics model developed and matured over the last two years.

Brown has led multiple economic and commerc ial feasibility studies for a variety of renewable energy production including algae production, advanced biofuel conversion, biofuel feedstock market trends and next generation biomass gasification systems.

Contact: Phillip Brown, President & COO, Diversified Energy Corporation, (480) 507-0297, phillip.brown@diversified-energy.com, www.diversified-energy.com, Access Algal Biofuels Research, Development, and Commercialization Priorities: A Commercial Economics Perspective Here