Wood Composite Technologies Inc. announces it has been selected to Alberta Venture magazine's "The Fast Growth 50".

    NISKU, AB, Jan. 12 /CNW/ - Wood Composite Technologies Inc. (TSX-V: WCT)
(the "Company") is pleased to announce it has been selected to Alberta Venture
magazine's "The Fast Growth 50" for 2009. "The Fast Growth 50" is a list of
Alberta's fastest growing businesses based on growth in revenues, assets,
profits, head count and other criteria over the past three years. This list
features big and small businesses operating in all industries, including
information technology, real estate development, manufacturing, financial and
oilfield services industries.
    The Company was ranked 19th fastest growing business in the under $20
million category and has been featured in an article in the magazine's "The
Fast Growth 50" edition for 2009. John Greenwood, President and Chief
Financial Officer, said "We are honored to be selected to Alberta Venture's
Fast Growth 50. We have seen tremendous growth in our business in recent years
and we believe we are positioned to achieve further growth looking into the

    About Alberta Venture Magazine

    Alberta Venture magazine is where the province's business community
continually turns for the most up-to-date news, developments and opportunities
shaping Alberta business. Twelve times a year, Alberta Venture publishes a
must read magazine filled with exceptional business stories and profiles,
detailed industry reports, award-winning photography and helpful information
on current business trends. Alberta Venture is committed to influential
reporting, timely editorial coverage and superior design. Alberta Venture
magazine is published by the Edmonton-based Venture Publishing Inc. Other
publications include Alberta Oil, Unlimited, Alberta Innovators, Open Mind,
Tracks & Trends, Grip, Your Health and Food For Thought. For more information
on Alberta Venture and "The Fast Growth 50" visit www.albertaventure.com.

    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 utilizes 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.

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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