Lignol Wins British Columbia Technology Industry Association Technology Award for 2008



    VANCOUVER, June 16 /CNW/ - Lignol Energy Corporation (TSX-V: LEC)
("Lignol"), a leading technology company in the cellulosic ethanol and
biorefining sector, today announced that it has received the British Columbia
Technology Industry Association's ("BCTIA") "Most Promising Pre-Commercial
Technology" Award for 2008 at the 15th annual Technology Impact Awards
("TIAs"). The TIAs were attended by more than 700 representatives of BC's
technology and business community at the Hyatt Regency Vancouver on June 12,
2008 to recognize British Columbia's top technologies, companies and
individuals.
    "We are very pleased to receive this prestigious award and to be
acknowledged by industry peers for our innovative technologies. We remain
focused on establishing Lignol as an industry leader in non-food based biofuel
and biochemical development and this award recognizes the potential of our
unique biorefining process and the hard work and dedication of our entire
team," said Ross MacLachlan, President and Chief Executive Officer of Lignol.
    This is the third industry award that Lignol has received in 2008. In
March 2008, the company was named "Emerging Life Sciences Company of the Year"
by LifeSciences BC and last week, Lignol was also named "Early Stage Company
of the Year - Industrial and Agricultural" at the BIOTECanada Gold Leaf
Awards.

    About BCTIA

    The BC Technology Industry Association is British Columbia's leading
member-based industry association that represents start-ups to established
technology companies across the province. As the voice of the technology
industry, the BCTIA is committed to the ongoing growth, sustainability and
prosperity of the technology industry and the transformation of British
Columbia to a knowledge-based economy. BCTIA delivers a broad range of
programs and services that provide members with opportunities to connect learn
and promote their businesses in BC. For more information about BCTIA please
visit www.bctia.org.

    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.

    %SEDAR: 00004360E




For further information:

For further information: Lignol Energy Corporation: Ross MacLachlan,
Chief Executive Officer, 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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Lignol Energy Corporation

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