SOURCE: ECO2 Forests Inc

ECO2 Forests Inc

March 30, 2010 07:30 ET

ECO2 Forests Accepted to International Green Energy Council in Sustainable Forestry First

SACRAMENTO, CA--(Marketwire - March 30, 2010) - ECO2 Forests Inc. (PINKSHEETS: ECOF) is proud to become the first sustainable forestry company to be accepted to the International Green Energy Council, CEO Collie Christensen said today.

"This is another exciting and proud moment for ECO2 Forests. We thank Ralph Avallone and the International Green Energy Council for welcoming us into their team and we look forward to working closely together as we both move forward," Christensen said.

The International Green Energy Council, a not-for-profit association comprised of individuals and companies that promote sustainable practices for the environment, welcomed ECO2 Forests as a member with National President Ralph Avallone highlighting the Company's Global Forestry Plan.

"The environmental and economic sustainability in their Global Forestry Plan is a great example of the type of practices we encourage and support," said National President, Ralph Avallone.

ECO2 Forests reforestation and avoided deforestation projects minimize the environmental impact of deforestation and greenhouse gas emissions. Revenue is expected to be generated from the sale of a sustainable fast growth lumber and carbon credits.

"A growing demand for lumber continues to put pressure on old growth forests and rainforests globally. The need for sustainable practices, such as those created by ECO2 Forests, to supply lumber and protect these vitally important natural habitats has never been more critical," Avallone added.

"A sustainable lumber supply delivered in seven year cycles is a significant shift in forestry practices. When you combine this with the significant carbon sequestration from each project you get a great example of a successful business delivering a positive environmental outcome as well as investor and shareholder value."

ECO2 Forests is in the process of closing a 20,000 acre land parcel on the South Pacific island nation of Vanuatu with each forested acre projected to deliver over $110,000 in revenue every seven years for over 50 years.

A second, 14,000 acre Global Forestry Plan project with similar financial projections is in planning for Reno, Nevada. Planting is scheduled for the third quarter of 2010 should negotiations proceed as planned.

"Unlike traditional forestry practices, the Global Forestry Plan model operates on a 7-year harvest cycle using the Kiri Tree. The Kiri Tree naturally grows back after each harvest and, in 7 years, is again ready for harvest. Each cycle can produce up to 40 million board feet of sustainable Kiri lumber and 460,000 carbon credits for every 1,000 acres of forest grown. Revenue for 1,000 acres is forecast at over $110 million per seven year cycle," ECO2 CEO, Collie Christensen said.

The seven year sustainable cycle of the Kiri Tree is expected to allow ECO2 Forests to deliver significantly greater yields of sustainable lumber than traditional forestry projects, greatly increasing revenue forecasts.

ECO2 Forests is currently evaluating additional large scale projects in the US and Vanuatu as well as projects in Brazil, Mexico and Australia.

About ECO2 Forests Inc.
ECO2 Forests is a progressive international forestation company focused on reforestation, afforestation and avoided deforestation projects for the generation and sale of sustainable lumber and carbon credits to the global markets.

Headquartered in Sacramento, California, the Company has adopted an 'E4 Philosophy' to achieve positive Environmental, Economic, Employment and Educational outcomes through its projects.

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Forward-Looking Statements
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.

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