Planktos Calls for ''All Hands on Deck'' Emergency Response to Prevent Massive Plant Life Extinction in the World's Seas



    VANCOUVER, BRITISH COLUMBIA, June 21 /CNW/ - Planktos Corp. (OTCBB:PLKT)
of San Francisco and Vancouver engages in developing and delivering
ecorestoration solutions to slow the catastrophic decline of ocean and
terrestrial ecosystems driven by the escalating surplus of CO2 emissions from
fossil fuels. The Planktos "greener solutions" projects include the creation
of tens of thousands of hectares of new climate forests within the national
park systems of the European Union and the pioneering of ocean restoration
technologies to rehabilitate decimated marine ecosystems.

    The work of Planktos is best described as the restoration and nurturing
of the native green plants both in terrestrial forests and amongst the
phytoplankton plant communities that sustain all higher life forms in the
seas. While most people know that our great forest ecosystems are seriously
endangered, few understand that tiny ocean plants are even more vital to
planetary health and they are an in even more dramatic decline. The world's
rainforests are being steadily felled at the rate of 1% per year, which is a
great eco-tragedy for the 2% of the planet they cover. But ocean plants are
disappearing at the same 1% per year rate and this is occurring all across the
72% of the planet that is covered by the seas. In the past 3 years alone we
have lost an amount of ocean plant life equivalent to all the rainforest
vegetation on earth. Recent reports from NASA, NOAA and peer reviewed journals
have documented that in the last three decades we have lost 17% of plankton
plant life in the North Atlantic, 26% in the North Pacific, and as much as 50%
in sub-tropical ocean regions. "These reports clearly signal the beginning of
an unprecedented mass extinction of planetary life," says Planktos President
Russ George.

    The 2005 report of the British Royal Society sounded the alarm on ocean
acidification due to rising levels of atmospheric CO2. Most CO2 in the air
dissolves into the surface ocean and the Royal Society predicted that rising
CO2 levels will result in such high levels of ocean water acidity that it
could extinguish all ocean plant life between 2050 and 2100. In the November
3, 2006 issue of SCIENCE, an international ocean science team projected a
global collapse of every single commercial fishery by 2048. As if these crises
were not imminent enough, a May 2007 SCIENCE report declared that the Southern
Ocean CO2 sink had reached saturation decades ahead of the Royal Society's
grim predictions. The accumulating research now makes it irrefutably clear
that sea life is facing an accelerating catastrophe on many fronts and
immediately requires the ocean-saving plankton restoration technologies that
Planktos is developing.

    Planktos' 2007-2008 pilot project series closely follows the
recommendations of leading international ocean research teams who have been
engaged in developing this ocean restoration technology for the past 20 years
at a total cost of nearly $100 million dollars. Hundreds of scientists from
scores of ocean institutes have participated in this work both in laboratories
and on major ocean trials. These two decades of research have clearly
demonstrated the restorative power and minimal side effects of ocean iron
replenishment, which is popularly referred to as iron fertilization. At least
10 small-scale iron fertilization projects have been completed and proved that
careful iron replenishment can provide the same plankton restoration effects
as the natural but declining delivery of micronutrient iron from wind-borne
dust.

    This promising series of small, budget-limited experiments has inevitably
led to scientific demands for larger and longer trials in which researchers
would monitor their iron-stimulated blooms for their full 4-6 month life
cycles and not just the first few weeks as most earlier work has done. In
response to this call, Planktos is now beginning a series of six pilot project
blooms of the requested size, an order of magnitude larger than previous work,
and is dedicating its research vessel Weatherbird to study each bloom from its
beginning to its natural end. To create monetary value and sustain this work
with carbon credits, Planktos must and will comply with the extensive and
intensive Kyoto Protocol and EU mandated regulatory and third-party scientific
oversight processes to obtain certified status for its sequestered CO2.

    Over the course of the next several years Planktos will collaborate with
scores of scientists and engineers from international ocean science
institutions both aboard ship and ashore to develop this form of ocean
stewardship in a scientifically, environmentally, and economically viable
form. "This is work that must be done if we are to reverse the apocalyptic
collapse of the ocean ecosystem as well as the climate crisis it is helping to
accelerate," says Russ George. "We are the first responders to a planetary
medical emergency."

    Planktos European forest restoration work through its EU subsidiary
KlimaFa (Hungarian for "climate tree") is familiar and generally well
understood, but its pioneering ocean work is now the target of a misguided
campaign fomented by opponents to climate change solutions that involve carbon
offsets or carbon credits. Mr. George observes, "Some groups are intent on
perpetuating the notion that offsetting emissions somehow gives people
permission to pollute and this unfairly lessens the massive sacrifice they
demand by insisting on immediate cold turkey withdrawal from fossil fuels.
They are industriously misleading news reporters to ignore all the dire ocean
reports that motivate this work, and to believe that Planktos' ocean
restoration pilot projects will endanger rather than revive and rescue ocean
ecosystems. Their characterizations of iron restoration as 'pollution' are as
ludicrous as calling manure pollution on organic farms. In fact we are only
restoring natural iron in parts per trillion concentrations, which no agency
in the world even bothers to measure let alone regulate. We obviously must
also radically cut our emissions, too, but no matter how much and how fast we
can reduce our use of fossil fuels, we still need to address the immense
existing surplus and only ecorestoration sinks can safely and affordably
manage that."

    On June 19th UK's Independent reported that six scientists from leading
US scientific institutions have issued what amounts to an unambiguous warning
to the world: civilization itself is threatened by climate change. Led by
James Hansen, NASA's Goddard Institute for Space Studies director, who first
warned the US Congress about global warming, their 29-page Royal Society
report ends, "We conclude that a feasible strategy for planetary rescue almost
surely requires a means of extracting (greenhouse gases) from the air." All
Planktos' endeavors have been shaped by a similar conclusion and the company
sincerely hopes that ecorestoration critics begin to take science and our
common future as seriously as their own interests and ideology.

    Planktos' work is financed by early-stage institutional investors in the
EU and Canada and via its public company status (symbol: PLKT). Planktos'
pioneering efforts are expected to make the company a leading provider of the
most immediate, effective, and inexpensive solutions to global warming,
climate change, and ocean collapse. Planktos earns revenue via the climate
change carbon offset markets of the EU and other Kyoto Protocol nations. It is
also working to assist development of similar markets in the US climate change
arena in concert with other organizations that understand the critical
importance of ecorestoration activities. The firm expects to offer
participants, supporters and investors extremely rewarding new opportunities
in the 2007-2008 time frame.

    Forward-Looking Statements: A number of statements contained in this
press release may be considered forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended. A safe-harbor
provision may not be applicable to the forward-looking statements made in this
press release because of certain exclusions under Section 27A (b). These
forward-looking statements involve a number of risks and uncertainties,
including the sufficiency of existing capital resources, uncertainties related
to the development of Planktos' business plan, and the ability to secure
additional sources of financing. The actual results that Planktos may achieve
could differ materially from any forward-looking statements due to such risks
and uncertainties. Planktos encourages the public to read the information
provided here in conjunction with its most recent filings on Form 10-KSB and
Form 10-QSB. Planktos public filings may be viewed at www.sec.gov.




For further information:

For further information: Planktos/KlimaFa -- San Francisco, Vancouver,
Budapest David Kubiak, Media Affairs, 1-650-619-0013
david.kubiak@planktos.com

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