SOURCE: ECO2 Forests Inc

ECO2 Forests Inc

April 20, 2010 08:00 ET

ECO2 Forests Secure U.S. Sustainable Forest Program Nursery Stock

SACRAMENTO, CA and QUEENSLAND, AUSTRALIA--(Marketwire - April 20, 2010) -  ECO2 Forests Inc. (PINKSHEETS: ECOF) has purchased 50,000 Kiri Trees from California-based supplier Paulownia Tree Company for propagation of up to 3 million trees for the 14,000 acre Washoe County US Sustainable Forest Program.

Developed from tissue culture the Kiri seedlings are disease free and rendered sterile, meaning the tree will not be invasive to the surrounding area or the acreage where the forest is grown. The use of such seedlings potentially increases lumber yields, carbon sequestration and reduces maintenance costs in the Company's Global Forestry Plan.

"I use a process to reproduce the trees which assures that they are sterile and non-invasive when brought into a new area. It actually starts in a laboratory with tissue cultures in a Petri dish that allow me to make an exact duplicate of the mother stock. It is a specialized process," Paulownia Tree Company Owner Zoe'Anna Thies said.

"The Kiri, which is the Japanese word for Paulownia, is not an invasive species and the seedlings my company produce are ideal for ECO2 Forests' Global Forestry Plan. I am excited to be involved as it has been a goal of mine to use these fantastic trees in forestation programs and now I have this opportunity."

Thies' invaluable knowledge and industry expertise proved a significant factor in ECO2 Forests signing with Paulownia Tree Company.

"ECO2 Forests' is delighted to secure the services of Paulownia Tree Company and Zoe'Anna. Her expertise and quality of her product are unmatched and these are the type of people and companies we like to be involved with. We believe the US Sustainable Forest Program will be the first of many projects where Zoe'Anna will be our supplier," ECO2 Forests CEO Collie Christensen said.

Nursery preparations remain on track to commence in May at Smoke Creek, Nevada where the first of seven 2,000 acre projects will be forested. After seven years the Kiri Tree reaches maturity and operates in a sustainable cycle that operates for up to 50 years. This is forecast to produce in excess of $220 million of revenue per year for the Washoe County US Sustainable Forest Program.

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
    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