Corriente Master Fund, L.P. announces acquisition of common shares and warrants of Lyrtech Inc.



    FORT WORTH, TX, April 26 /CNW/ - Corriente Advisors L.L.C., the general
partner of Corriente Master Fund, L.P., announced today that on April 17, 2007
Corriente Master Fund, L.P. acquired beneficial ownership of 6,551,839 common
shares of Lyrtech Inc. and warrants entitling Corriente Master Fund, L.P. to
purchase up to 6,551,839 additional common shares of Lyrtech Inc., upon the
release of those common shares and warrants from an escrow arrangement
implemented in accordance with the policies of the TSX Venture Exchange. The
Lyrtech Inc. common shares acquired on April 17, 2007 and the additional
common shares issuable upon the exercise of the warrants acquired on April 17,
2007 represent approximately 3% of the outstanding common shares of Lyrtech
Inc. as at March 31, 2007.
    After giving effect to the acquisition of those common shares and
warrants, Corriente Master Fund, L.P. is the beneficial owner of 25,000,000
common shares and 25,000,000 common share purchase warrants of Lyrtech Inc.
The common shares currently owned by Corriente Master Fund, L.P. and the
additional common shares issuable upon the exercise of common share purchase
warrants currently owned by Corriente Master Fund, L.P. represent
approximately 12% of the 426,338,437 outstanding shares of Lyrtech Inc. as at
March 31, 2007.
    Corriente Advisors, L.L.C. is the general partner of Corriente Master
Fund, L.P. and, as such, has the power to exercise control and direction over
the securities of Lyrtech Inc. beneficially owned by Corriente Master Fund,
L.P.
    The 25,000,000 common shares and 25,000,000 warrants of Lyrtech Inc.
owned by Corriente Master Fund, L.P. were acquired, by way of private
placement, pursuant to a Subscription Agreement, dated February 20, 2007,
between Corriente Master Fund, L.P. and Lyrtech Inc. The aggregate purchase
price of those securities was $2 million, representing a per unit price of
$0.08. Each unit consisted of one common share and one common share purchase
warrant of Lyrtech Inc.
    The common shares and warrants of Lyrtech Inc. acquired by Corriente
Master Fund, L.P. were acquired for investment purposes. Corriente Master
Fund, L.P. and its joint actors may, from time to time, acquire additional
securities of Lyrtech Inc., dispose of some or all of the existing or
additional securities they hold, or may hold, or may continue to hold their
current positions.
    Corriente Advisors L.L.C. will be filing a report (as contemplated by
National Instrument 62-103 - The Early Warning System and Related Takeover Bid
and Insider Reporting Issues) in connection with itsrecent acquisition of
common shares and purchase warrants of Lyrtech Inc.





For further information:

For further information: or to obtain a copy of such report, please
contact Mr. James Haddaway, the Chief Financial Officer of Corriente Advisors,
L.L.C. at (817) 870-1560; Corriente Advisors, L.L.C., 201 Main Street, Suite
1800, Fort Worth, TX, 76102

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CORRIENTE ADVISORS L.L.C.

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