SOURCE: ECO2 Forests Inc.

ECO2

March 25, 2010 11:01 ET

ECO2 Forests Announce Targeted USA Projects Exceed 100,000 Acres

SACRAMENTO, CA--(Marketwire - March 25, 2010) -  ECO2 Forests Inc. (PINKSHEETS: ECOF) is excited to announce that its current forestation project plan targets in the United States now exceed 100,000 acres.

ECO2 Forests is working to establish a network of forests in the United States. The US-based projects will be delivered as part of the company's Global Forestry Plan, producing sustainable lumber and carbon credits for sale on global markets.

With significant demand within the US for sustainably managed lumber and the large amount of available land suitable for creating new forests, we feel that it is an important step for the company to deliver projects in our own country.

"ECO2 Forests has been working to identify and analyze select target properties and land partners for potential new forest projects in the Unites States. Many of these projects are in various stages of review, from initial due diligence and area feasibility through to final stages of negotiation and letters of intent being completed," Collie Christensen, ECO2 Forests CEO, said today.

"With the high levels of unemployment in the US at the moment, we believe we have the ability to help create new opportunities for employment through building forest communities. One project expected for announcement in Q2 2010 would see a 14,000 acre forest created and create employment for 200 people in the first year of plantation commencement, expanding to over 700 fulltime staff over an 8-year period and continuing potentially for a lifetime," she continued.

The regenerative nature of the Kiri Tree can create a sustainable high production and high yielding forest with the tree re-growing after each 7-year harvest cycle. This process is intended to provide for significant levels of revenue for ECO2 Forests and deliver long term shareholder value.

"The current project pipeline has positioned ECO2 Forests to be on target for projects on US soil before the end of Q3 2010. We see this as a significant milestone for ECO2 and the Global Forestry Plan," ECO2 Forests CEO Collie Christensen added.

Under the ECO2 Forests Global Forestry Plan, the company intends to develop a network of forests, strategically located around the world, thus positioning ECO2 Forests to deliver significant, consistent and sustainable lumber supplies globally. The combination of the preservation of old growth forests and the creation of new forests for sustainably managed lumber production is central to the ECO2 Forests strategy.

"Our revenue forecast for forestation projects under the Global Forestry Plan is approximately $110,000 per acre for each 7-year regenerative harvest cycle using our range of Kiri Trees. We look forward to delivering projects in the US for our shareholders and investors and also for the environmental and social benefits our projects are intended to deliver," Collie Christensen added.

As projects enter the pre-execution stage, direct investment opportunities are intended to be made available to suitably qualified investors. Further details regarding investment into projects will be released with future project announcements and will be available through the investor section of our website.

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.

For more information please visit www.eco2forests.com.

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.

Contact Information

  • For all media enquiries please contact:
    United States and International
    Abbi Whitaker
    Abbi Public Relations Inc.
    P) (775) 323 2977
    M) (775) 722 2254
    E) Email Contact

    Australia
    Andrew Laing
    ECO2 Forests Inc.
    P) (+61) 420 971 030
    E) Email Contact
    W) www.eco2forests.com