Lignol to present at TSX / SDTC Cleantech Investor Day on October 16



    VANCOUVER, Oct. 15 /CNW/ - Lignol Energy Corporation (TSX-V: LEC)
("Lignol" or "the Company"), a leading technology company in the cellulosic
ethanol and biorefining sector, today announced that Ross MacLachlan,
President and Chief Executive Officer, will present at the Toronto Stock
Exchange and Sustainable Development Technology Canada ("SDTC") Cleantech
Investor Day on Thursday, October 16, 2008. Mr. MacLachlan will participate in
the "Renewable Energy" panel discussion starting at approximately at 1:15 p.m.
(EST) at the TMX Broadcast Centre in Toronto.
    Interested parties may access the live webcast of this presentation by
visiting the TSX website at www.tsx.com or Lignol's website at www.lignol.ca.
Please connect at least 15 minutes prior to the presentation to ensure
adequate time for any software download that may be required to join the
webcast. An audio archive of the presentation will be available following the
live presentation.

    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 non-food cellulosic biomass feedstocks. Lignol's
modified solvent based pre-treatment technology facilitates the rapid,
high-yield conversion of cellulose to ethanol and the production of
value-added biochemical co-products, including a HP-L(TM) High Purity Lignin.
Lignol is executing on its development plan through strategic partnerships to
further develop and integrate its 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.

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

    Caution concerning forward-looking statements:

    Certain statements contained in this document may constitute
forward-looking information within the meaning of applicable securities laws.
Such forward-looking statements or information include, without limitation,
statements or information about the planning and development of our cellulosic
ethanol commercial demonstration plant in Colorado, our ability to exploit
commercial opportunities and broaden our market opportunities for a range of
cellulosic derivatives and environmentally sustainable biochemicals and our
ability to pursue these opportunities with strategic partners. Often, but not
always, forward-looking statements or information can be identified by the use
of words such as "plans", "expects" or "does not expect", "is expected",
"budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes" or variations of such words and phrases
or words and phrases that state or indicate that certain actions, events or
results "may", "could", "would", "might" or "will" be taken, occur or be
achieved. Such statements or information reflect Lignol's current views with
respect to future events and are subject to certain risks, uncertainties and
assumptions. including, without limitation, our ability to finance the
development of the commercial demonstration plant, our ability to develop our
products, our ability to obtain requisite regulatory approvals and our ability
to enter into agreements with strategic partners on terms acceptable to us.
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, the complexity of the development of the commercial demonstration
plant, market conditions which will effect our ability to finance our
operations, risks relating to the protection of Lignol's core technology from
infringement and 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. Except as
required by law, 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.

    %SEDAR: 00004360E




For further information:

For further information: Lignol Energy Corporation, Paul Hughes, Vice
President - Corporate Development and Communications, Tel: (604) 222-9800 ext.
110, Email: phughes@lignol.ca, 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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