Lignol Launches US-Based Specialty Chemicals Business Unit and Hires Key Executives



    VANCOUVER, March 3 /CNW/ - Lignol Energy Corp. ("Lignol") (TSX-V: LEC)
today announced the launch of its new Specialty Chemicals Business Unit based
out of the Pennsylvania offices of its U.S. subsidiary, Lignol Innovations
Inc.
    Lignol also announced two key additions to the Specialty Chemicals
Business Unit with the hiring of Dr. William Armiger as Vice President
Specialty Chemicals and Dr. Humbert DelliColli as Director of Lignin
Application Development.
    "The optimization of our research and development of large-market
applications for biochemical co-products, including our proprietary
High-Purity ("HP-L(TM)") Lignin, requires additional specialization and
professional expertise," said Ross MacLachlan, President & Chief Executive
Officer ("CEO") of Lignol. "We are delighted that we have been able to recruit
these talented executives and we are excited to base our specialty chemicals
business unit out of our Philadelphia-area office, as the Northeastern region
of the U.S. represents a significant hub of the chemical industry."
    Dr. Armiger (Ph.D, P.E., Chemical and Biochemical Engineering) has more
than 25 years of executive and research experience. Through positions with
BioChemTechnology, Arthur D. Little, The Catalyst Group, and Venture
Catalysts, Dr. Armiger has led numerous business and technical projects
relating to the development and commercial production of chemical, specialty
chemical, food, and pharmaceutical products by chemical synthesis,
fermentation, cell culture, and enzymatic processes as well as environmental
applications of biotechnology. Immediately prior to joining Lignol, he was
co-Founder and CEO of NeuroGenomeX.
    Dr. DelliColli (Ph.D Chemistry) has more than 30 years of experience in
the commercial development and production of lignin and other specialty
chemicals. Prior to joining Lignol, Dr. DelliColli held a series of
progressively senior positions with MeadWestvaco Corporation ("MeadWestvaco"),
the most recent of which was as Business Manager, Agricultural Chemicals,
Performance Chemicals Business Group and Business Development Manager,
Business Development, Specialty Chemicals Division. MeadWestvaco is the
world's leading commercial-scale producer of Kraft lignin derivatives
(lignosulphonates).
    Dr. Armiger and Dr. DelliColli join Dr. Kendall Pye, Lignol's Chief
Scientific Officer, and other members of the engineering group in the
Pennsylvania-based operation.
    In addition to producing HP-L(TM), Xylose and Furfural, Lignol's
technology represents a unique platform for the production of industrial
sugars that can be used for the production of cellulosic ethanol, bio-butanol,
micro-crystalline cellulose, and other specialty biochemicals.

    About Lignol

    Lignol (TSX-V: LEC) is a Canadian company undertaking the development of
biorefining technologies for the production of fuel-grade ethanol and other
biochemical co-products from cellulosic biomass feedstocks. Lignol's modified
solvent based pre-treatment technology, originally developed by a former
affiliate of General Electric, and then further developed and commercialized
for wood-pulp applications by a subsidiary of Repap Enterprises Inc.,
facilitates the rapid, high-yield conversion of cellulose to ethanol and the
production of value-added biochemical co-products, including HP-L(TM). Lignol
is executing on its development plan through strategic partnerships to further
develop and integrate the core technologies on a commercial scale. Lignol also
intends to invest in, or otherwise obtain, equity interests in energy related
projects which have synergies with its biorefining technology. For more
information about Lignol, please visit our website at www.lignol.ca.

    Caution concerning forward-looking statements:
    Certain statements contained in this document may constitute
"forward-looking statements". When used in this document, the words "may",
"would", "could", "will", "intend", "plan", "anticipate", "believe",
"estimate", "expect", "investigate", "looking at" as they relate to Lignol or
its management, are intended to identify forward-looking statements or
information. Such statements or information reflect Lignol's current views
with respect to future events and are subject to certain risks, uncertainties
and assumptions. Forward-looking statements and information are necessarily
based upon a number of estimates and assumptions that, while considered
reasonable by management, are inherently subject to significant business,
economic and competitive uncertainties and contingencies. Many factors could
cause Lignol's actual results, performance or achievements to be materially
different from any future results, performance or achievements that may be
expressed or implied by such forward-looking statements or information,
including among other things, those risk factors which are discussed elsewhere
in documents that Lignol files from time to time with securities regulatory
authorities. Should one or more of these risks or uncertainties materialize,
or should assumptions underlying the forward-looking statements or information
prove incorrect, actual results may vary materially from those described
herein as intended, planned, anticipated, believed, estimated or expected. The
Company expressly disclaims any intention or obligation to update or revise
any forward looking statements and information whether as a result of new
information, future events or otherwise. All written and oral forward-looking
statements and information attributable to us or persons acting on our behalf
are expressly qualified in their entirety by the foregoing cautionary
statements.

    The TSX Venture Exchange Inc. has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.

    %SEDAR: 00004360E




For further information:

For further information: Lignol Energy Corporation, Ross MacLachlan,
President, Tel: (604) 222-9800 ext. 107, Email: info@lignol.ca; The Equicom
Group, Bruce Wigle, Investor Relations, Tel: (416) 815-0700 ext. 228,
Email:bwigle@equicomgroup.com

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