First Venture Technologies Corp.
TSX VENTURE : FEB

First Venture Technologies Corp.

June 05, 2006 09:15 ET

First Venture Reports Publication of Technology in Prestigious Wine Industry Journal

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 5, 2006) - First Venture Technologies Corp. (TSX VENTURE:FEB) reports that its technology has been published in the prestigious wine industry journal, The American Journal of Enology and Viticulture (AJEV). The article titled "Metabolic Engineering of Saccharomyces Cerevisiae to Minimize the Production of Ethyl Carbamate in Wine" exposes the Company's technology via the premier English language journal dedicated to scientific research on winemaking and grapegrowing.

The American Journal of Enology and Viticulture (AJEV), published quarterly, is the official journal of the American Society for Enology and Viticulture (ASEV). AJEV publishes full-length research papers, literature reviews, research notes, and technical briefs on various aspects of enology and viticulture, including wine chemistry, sensory science, process engineering, wine quality assessments, microbiology, methods development, plant pathogenesis, diseases and pests of grape, rootstock and clonal evaluation, effect of field practices, and grape genetics and breeding. All papers are peer reviewed, and authorship of papers is not limited to members of ASEV. The science editor and a group of associate editors, drawn from academic and research institutions worldwide, guide the content of the Journal.

For further details on this article, please go to:

www.landfood.ubc.ca/wine/vanvuuren/documents/Coulon_et_al-2006.pdf

ON BEHALF OF THE BOARD

Issa Nakhleh, Executive Vice-President and Chief Financial Officer

ABOUT FIRST VENTURE TECHNOLOGIES

First Venture is a biotechnology company that develops and commercializes advanced yeast products. The company is currently commercializing a platform yeast technology that substantially reduces the formation of a known carcinogen, ethyl carbamate (or urethane) from alcoholic beverages. The company has licensed the exclusive, worldwide rights to the technology from The University of British Columbia (UBC), and is developing the technology in partnership with UBC's world-renowned Wine Research Centre.

THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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