CO2 Solution Announces Appointment of Jonathan A. Carley as Vice-President, Business Development



    Trading symbol: CST
    Outstanding shares: 50,261,136

    Mr. Carley to lead efforts to secure deployment, partnership and
    licensing arrangements

    QUEBEC CITY, Oct. 30 /CNW Telbec/ - CO2 Solution Inc. ("CO2 Solution") is
pleased to announce that it has appointed Mr. Jonathan A. Carley as
Vice-President, Business Development, effective immediately. Mr. Carley will
be responsible for efforts to secure arrangements for scale-up and commercial
deployment of the Company's proprietary enzyme based carbon capture
technology, with a focus on power generation, the oil sands, and other
emissions-intensive industries.
    Mr. Carley's career spans more than 10 years of progressive experience in
the areas of business development, corporate finance and mergers and
acquisitions. Prior to joining CO2 Solution, Mr. Carley was Director,
Development & Projects for Permolex International, L.P. a leading North
American biofuels producer, where he was responsible for leading a number of
strategic initiatives including its biomass energy and carbon credit programs.
Mr. Carley also spent over five years in the venture capital industry with an
Ontario based private equity fund focused on active investments in renewable
energy, pharmaceuticals, biotechnology and information technology.
    Commenting on Mr. Carley's appointment, Glenn Kelly, President & CEO
stated: "We are very pleased to have Jonathan leading the Company's business
development efforts at this important juncture where we are aggressively
moving from research & development to commercialization. He has demonstrated
his management and business development success in a range of emerging
enterprises. We are confident he will be able to help move our technology
quickly to market and in the process drive increased shareholder value."
    Mr. Carley previously joined CO2 Solution in May, 2008 as Director of
Business Development, at which time he was granted options to purchase
250,000 shares of the Company pursuant the terms of the Company's employee
stock option plan.

    About CO2 Solution

    CO2 Solution Inc. has developed a proprietary bio-technological platform
for the efficient capture of carbon dioxide (CO2), the most important
greenhouse gas (GHG), from power plants and other large stationary sources of
emissions. The Company's technology platform exploits the natural power of a
bio-catalyst (enzyme), carbonic anhydrase, which functions within humans and
other mammals to manage CO2 during respiration. CO2 Solution has successfully
adapted the enzyme to function within an industrial environment, and thus has
taken advantage of a biomimetic approach to CO2 capture based on millions of
years of evolution. The Company is commercializing its technology for coal
fired power generation, the oil sands and other CO2-intensive industries where
a low-cost capture solution is key to meeting climate change legislation in a
cost effective manner. News releases and additional information are available
at www.co2solution.com

    The TSX Venture Exchange has neither approved nor disapproved the
    information contained herein and accepts no responsibility for it.




For further information:

For further information: Annie Chiasson, Director, Corporate Affairs,
(418) 842-3456, annie.chiasson@co2solution.com; Source: CO2 Solution Inc.,
www.co2solution.com


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890