SOURCE: ECO2 Forests Inc.

ECO2 Forests Inc

November 24, 2009 06:50 ET

ECO2 Forests on Track to Plant 150,000 Kiri Trees

SACRAMENTO, CA and QUEENSLAND, AUSTRALIA--(Marketwire - November 24, 2009) - ECO2 Forests Inc. (PINKSHEETS: ECOF), an international sustainable forestry company focused on reforestation and carbon sequestration projects, is pleased to announce that tree propagation is on track to finish planting 25,000 Kiri Trees by the end of November, 50,000 in December and an additional 75,000 in January 2010.

The majority of the 75,000 Kiri Trees, to be planted in the coming weeks at the Jimboomba RDC and Coffs Harbour site, will be used specifically for the propagation of nursery stock for upcoming projects, including the recently announced Vanuatu 20,000 acre project which will see an estimated 3.3 million Kiri Trees planted over the next 7 years under the company's Global Forestry Plan.

In the past month an additional 200 Kiri Trees of select strains have been planted by ECO2 Forests at the Research and Development Centre (RDC) in Jimboomba, Queensland, which opened in October. These additional Kiri Tree strains will become part of the company's demonstration forest which, once planted, will have 150,000 standard Kiri Trees and demonstrate the format for the large scale forestry projects the company intends to implements under their Global Forestry Plan.

"Strategically, it was vitally important to get these 75,000 Kiri Trees in the ground this season to capitalize on the next growing season. These 75,000 Kiri Trees and an additional 75,000 that will be propagated through December, will allow us to propagate millions of Kiri Trees that we anticipate to plant in numerous parts of the South Pacific and Asia in the coming year under our Global Forestry Plan. Our first project in Vanuatu, which we recently announced last week, will require over 3 million trees and is on track to commence planting in February 2010," ECO2 Forests Chief Operating Officer Ray Smith said today.

The additional 75,000 Kiri Trees to be propagated in December are scheduled for planting in January 2010 at the Jimboomba RDC and Coffs Harbour growing facilities.

The Vanuatu project is projected to absorb over 7 million tons of carbon dioxide (CO2) from the atmosphere, generating 7 million saleable carbon credits for ECO2 Forests every 7 years. In this time frame, the project is estimated that it will also produce 600 million board feet of sustainable rough sawn lumber delivering a per acre revenue estimate of US$112,520 in each 7-year harvest cycle.

About ECO2 Forest, Inc.

ECO2 Forest Inc. (PINKSHEETS: ECOF) is an international sustainable forestry company focused on reforestation projects under our Global Forestry Plan for a positive environmental and economic impact through large scale bio-sequestration of carbon dioxide greenhouse gases, the generating of carbon credits for resale and the eventual growth and sale of sustainable timber to global markets.

In Management's view, our focus on proprietarily developed intellectual property regarding Kiri tree reforestation positions the Company well to take advantage of the emerging demand for renewable forests and the escalating carbon credit market.

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

For more information please visit

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