Government of Canada Investing in Green, Clean Economy Sustainable Development Technology Canada Funds 16 New Projects

MISSISSAUGA, ONTARIO, Mar 06 (MARKET WIRE) --
Note to Editor: A photo for this release will be available on
Marketwire's website

The Canadian economy became cleaner today as 16 new projects that develop
and demonstrate emerging clean technologies were awarded $53 million. The
announcement, confirming the decision of the Board of Directors of
Sustainable Development Technology Canada (SDTC), was made today by the
Honourable Lisa Raitt, Minister of Natural Resources and Vicky Sharpe,
SDTC's President and CEO.

"It's especially important now for this government to support clean
technologies such as these that provide opportunities for economic growth
while offering innovative solutions to help tackle climate change," said
the Honourable Lisa Raitt, Minister of Natural Resources. "Our government
is working to accelerate key investments in Canada's infrastructure in
order to create jobs and help stimulate our economy."

"The investments of federal funding that we are announcing today also
demonstrate the Government of Canada's action to help protect the jobs of
today while readying our economy to create the jobs of tomorrow," added
the Honourable Minister Prentice, Minister of the Environment. "Federal
funding for Sustainable Development Technology Canada also demonstrates
our commitment to the development of science and technology applications
that offer the potential to improve environmental quality, human health
and economic growth."

The promising Canadian clean technology projects included in this funding
round offer technological solutions to the challenges Canada is currently
facing in strengthening the economy while responding to environmental
issues. These innovations can be used in multiple major economic sectors
ranging from power generation to agriculture and waste management.

"The projects we are adding to our portfolio this round have great
potential and they can really make a difference to the lives of
Canadians," said SDTC Chairman Juergen Puetter. "SDTC's financial support
will help them get through the development and demonstration stages,
paving their path to commercialization so that the environmental and
economic benefits they bring can be enjoyed by all."

The breadth of technologies and the cross-country representation of this
funding round addresses multiple sectors of the Canadian economy. For
example:

Clean energy production using a process that will facilitate the complex
production of lignocellulosic ethanol while reducing the amount of energy
required. This process will be integrated into an existing ethanol
facility on a pre-commercial, pilot scale using corn cobs - the non-food
residuals from harvesting corn - as the feedstock.

There are several advanced technology projects applicable to the
forestry, wood products, and pulp and paper product industries coming
from BC and Ontario. One converts forest waste into a more usable
bio-carbon for energy production while the other uses sophisticated
processes to create a biolatex binder for paperboard manufacturing which
is potentially superior to the petrochemical alternative.

The agricultural community needs ways to reduce costs and environmental
impacts which, in this example, can be achieved using a disruption
nano-technology platform for delivery of agricultural chemicals in food
production.

An energy-efficient building technology that has the potential to cut
home heating costs by 10% while simultaneously improving indoor air
quality.

These new investments bring SDTC's total portfolio value to over $1.3
billion. SDTC's SD Tech Fund(TM) has completed thirteen funding rounds,
committing $376 million to 154 clean technology projects, and leveraging
$905 million from project consortia members. These figures include
adjustments made to the portfolio.

"Clean technologies provide us the necessary tools to green our economy,"
said SDTC President and CEO Vicky Sharpe. "Increasing the amount of clean
technologies that are developed, demonstrated and ultimately
commercialized here in Canada is the key to a vibrant and sustainable
Canadian economy."

The newly funded projects are representative of the investment priorities
established in the SD Business Cases(TM), a series of five reports
published by SDTC and which provide strategic insights into specific
economic sectors, including clean conventional fuels, biofuels and
commercial buildings.

SDTC launched its latest call for Statements of Interest (SOI) for the SD
Tech Fund on February 25, 2009. Applicants with projects that bring
technological solutions which fall under the investment priorities
established in the SD Business Cases(TM) (available in the Knowledge
Centre section of the SDTC website at www.sdtc.ca) or that address
climate change, clean air, clean water and clean soil issues are
encouraged to apply. Solutions that address more than one focus area are
of greatest interest.

About SDTC

SDTC is an arm's-length foundation which has received $1.05 billion from
the Government of Canada as part of its commitment to create a healthy
environment and a high quality of life for all Canadians.

SDTC operates two funds aimed at the development and demonstration of
innovative technological solutions. The $550 million SD Tech Fund(TM)
supports projects that address climate change, air quality, clean water,
and clean soil. The $500 million NextGen Biofuels Fund(TM) supports the
establishment of first-of-kind large demonstration-scale facilities for
the production of next-generation renewable fuels.

SDTC operates as a not-for-profit corporation and has been working with
the public and private sector including industry, academia,
non-governmental organizations (NGOs), the financial community and all
levels of government to achieve this mandate.

Detailed information on the 16 projects, including their descriptions,
can be found at www.sdtc.ca .

Round 13 Funded Projects:

1. Lead organization: Alterna Energy Inc., Prince George, British Columbia

Economic Sector: Forestry, Wood Products and Pulp & Paper Products

2. Lead organization: A.U.G. Signals Ltd., Toronto, Ontario

Economic Sector: Energy Utilization

3. Lead Organization: dPoint Technologies Inc., Vancouver, British
Columbia

Economic Sector: Energy Utilization

4. Lead organization: ECOSYNTHETIX Inc., Milton, Ontario

Economic Sector: Forestry, Wood Products and Pulp & Paper Products

5. Lead organization: General Fusion Inc., Burnaby, British Columbia

Economic Sector: Power Generation

6. Lead organization: Greenfield Ethanol Inc., Toronto, Ontario

Economic Sector: Energy Exploration and Production

7. Lead organization: Innovente inc., St-Ferreol-les-Neiges, Quebec

Economic Sector: Waste Management

8. Lead organization: Integran Technologies Inc., Toronto, Ontario

Economic Sector: Energy Utilization

9. Lead organization: Nexterra Energy Corp., Vancouver, British Columbia

Economic Sector: Power Generation

10. Lead organization: Paragon Soil and Environmental Consulting Inc.,
Edmonton Alberta

Economic Sector: Agriculture

11. Lead organization: Performance Plants Inc., Kingston, Ontario

Economic Sector: Agriculture

12. Lead Organization: REGEN Energy Inc., Toronto, Ontario

Economic Sector: Energy Utilization

13. Lead organization: SunCentral Inc., Vancouver, British Columbia

Economic Sector: Energy Utilization

14. Lead organization: SyncWave Systems Inc., Pemberton, British Columbia

Economic Sector: Power Generation

15. Lead organization: TROPE DesignResearch Ltd., Halifax, Nova Scotia

Economic Sector: Energy Utilization

16. Lead organization: Vive Nano, Toronto, Ontario

Economic Sector: Energy Utilization

Contacts:
Media Relations:
SDTC
Patrice Breton
Director, Communications
613-234-6313 x295
p.breton@sdtc.ca

Natural Resources Canada - Ottawa
Office of the Minister
Jasmine MacDonnell
Press Secretary
613-996-2007

Application Process:
SDTC
Sebastien Prince-Richard
Manager, Applications
613-234-6313 x232
applications@sdtc.ca

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