Wood Composite Technologies Inc. announces Russian market entry and possible operational consolidation



    NISKU, AB, April 2 /CNW/ - Wood Composite Technologies Inc. (TSX-V: WCT)
(the "Company") is pleased to announce its first sale into the Russian market,
and possible operational consolidations.

    Russian Market

    The Company's subsidiary, Millennium Decking Inc. has recently entered
into an exclusive distribution agreement with Petrostroytrest, a construction
business based in St. Petersburg, Russia. The Company is pleased to report
that the first order based on this new relationship has now been finalized,
representing the first sale of the Millennium Decking System(TM) into the
Russian market.

    Possible Operational Consolidation

    The Company's board of directors has recently approved consolidating its
present manufacturing operations to one of the two locations in Nisku, Alberta
that it owns. The most likely scenario in this regard would entail the Company
relocating its extrusion plant and equipment and executive offices to what is
presently the Company's pellet mill location and selling the extrusion plant
location. This possible operational consolidation could allow the Company to
achieve added efficiency by reducing fixed overhead costs and duplication and
realizing other operational efficiencies, as well as reducing certain amounts
of the Company's long term debt.

    About Wood Composite

    Wood Composite is listed on the TSX Venture Exchange under the symbol
"WCT" and maintains certain patents and processes that are proprietary to the
Company which utilize recycled post industrial materials. The Company
presently manufactures and markets a composite decking system through its
wholly-owned subsidiary, Millennium Decking Inc.

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

    FORWARD-LOOKING STATEMENTS

    Statements set out in this news release that are not historical facts are
forward-looking statements. Forward-looking statements (often, but not always,
identified by the use of words such as "expect", "may", "could", "anticipate"
or "will" and similar expressions) may include expectations, opinions or
guidance that are not statements of fact. Forward-looking statements are based
upon the opinions, expectations and estimates of management of the Company as
at the date the statements are made and are subject to a variety of known and
unknown risks and uncertainties and other factors that could cause actual
events or outcomes to differ materially from those anticipated or implied by
such forward-looking statements. Those factors include, but are not limited
to, risks, uncertainties and other factors that are beyond the control of the
Company. In light of the risks and uncertainties associated with
forward-looking statements, readers are cautioned not to place undue reliance
upon forward-looking information contained in this news release. Assumptions
relating to certain forward-looking information contained in this news release
are set out above in this news release. Although the Company believes that the
expectations reflected in the forward-looking statements set out in this news
release are reasonable, it can give no assurance that such expectations will
prove to have been correct. The forward-looking statements of the Company
contained in this news release are expressly qualified, in their entirety, by
this cautionary statement. The forward-looking statements are made as of the
date of this news release and the Company assumes no obligation to update or
revise them to reflect new events or circumstances, except as expressly
required by applicable securities law. Further information regarding risks and
uncertainties relating to the Company and its securities can be found in the
disclosure documents filed by the Company with the securities regulatory
authorities (including the Company's annual financial statements for the
fiscal year ended September 30, 2008, which was filed on SEDAR on December 16,
2008), available at www.sedar.com.





For further information:

For further information: John Greenwood, President and Chief Executive
Officer, Telephone: (780) 955-3525, Facsimile: (780) 955-7075, Websites:
www.mdecking.com and www.woodcomp.com

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Wood Composite Technologies Inc.

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