Failsafe Canada Inc.

February 22, 2010 08:00 ET

Failsafe Canada Inc. Signs Agreements With the Global Carbon Exchange to Provide a Certified Carbon Footprint Analysis Course in Calgary Canada

CALGARY, ALBERTA--(Marketwire - Feb. 22, 2010) - Failsafe Canada Inc. today announced that it has finalized Licensing agreements, with the Global Carbon Exchange.(GCX), an International Corporation, that will capitalize on International legislation regarding the Carbon and Green house gas offset market. The new agreement will provide for the delivery of the GCX Certified Carbon Footprint Analysis course curriculum in Canada. The licensing agreement will also enable GCX to utilize Failsafes' priority quantification application, QSys, in any of their global locations including the USA, South Africa, Indonesia, Namibia, Eastern Europe, Australia and India. The licensing agreement includes delivery of EOS. ( Emissions Offset Solutions), a complete quantification application. The agreement also confirms the future delivery of additional courses for Canada including the GCX Energy Efficiency Auditor course and the GCX Carbon Literacy Course. This new business relationship will form an International Green House Gas information coterie able to deliver certified educational curriculum on carbon and GHG reduction and verification technologies along with recession proof opportunities for market investors.

EOS, ( Emissions Offset Solutions ), is a division of Failsafe Canada Inc, a pioneer in the Alberta carbon offset marketplace. EOS provides quality leading edge GHG Emission Reduction solutions to industry. EOS delivers software products and services that assist industry in defining, quantifying, validating, certifying, serializing, aggregating and selling carbon credits and related green house gas offsets. EOS has added new protocols that are of significant interest to the livestock industry especially feedlots. The new protocols are: "Edible Oils", "Days on Feed" & "Beef Life Cycle". These new protocols complement the existing "No- Till" protocol, and energy efficiency protocols, which are already programmed into the existing EOS application. These additional protocols have all been approved by the Alberta government and commercialized by Failsafe Canada Inc.

Failsafe Canada is currently completing a project with Cattleland of Alberta, one of the countries largest feedyards, quantifying and commercializing the new bovine protocols. Using Failsafe's proprietary technology, QSys, Cattleland has been able to produce Offset credits by utilizing the approved bovine protocols, which are now in the Failsafe system.

Failsafe Canada continues to provide QSys, the leading Offset management application that manages the entire lifecycle of greenhouse gas reduction projects, which core elements include, Contact Management, Document Management and Contract Management, Supply Chain Management, Offset quantification, serialization, inventory management, Financial statements and other financial and operational reports. New modules include project costing applicable to the CDM & JI market space. QSys is also available on a transactional or subscription basis for new aggregators.

Failsafe Canada is the leading solutions provider for organizations looking to aggregate offset credits. QSys is a proven system that creates, tracks, and manages verified emissions reductions, (VERs) within the agriculture sector and is now able to handle other industry verticals such as Biofuels, Afforestation, Energy Efficiency, Wind and other renewable energy markets. Failsafe Canada also provides MSys, a Carbon Offset management tool for (LFEs) industrial, large final emitters.

Aggregation and partnership opportunities are available. Also, The First Carbon Fund investment opportunity is now available.

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