Greenscape Capital Group Inc.
TSX VENTURE : GRN

Greenscape Capital Group Inc.

February 22, 2010 09:00 ET

Greenscape Announces Partnership with Taiwan External Trade Development Council (TAITRA)

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 22, 2010) - Greenscape Capital Group Inc. (TSX VENTURE:GRN) -

Announcement Highlights:

  • TAITRA, a Crown Entity founded in 1970, is jointly sponsored by the Taiwan Government, industry associations and several commercial organizations
  • Partnership gives Greenscape increased access to high quality, competitively priced input materials
  • TAITRA partnership timely given Greenscape's rapid growth

Greenscape Capital Group Inc. ("Greenscape") is pleased to announce it has partnered with the Taiwan External Trade Development Council (TAITRA) to secure access to high quality, competitively priced input materials for its rapidly growing energy retrofit project portfolio.

TAITRA is a non-profit initiative jointly sponsored by the Taiwan Government, Taiwanese industry associations and several commercial organizations. TAITRA, through the Taiwan Trade Centre, Vancouver, has sourced out direct links to several Taiwan-based manufacturers of products necessary in the Greenscape energy retrofit process. This direct access to low cost and high quality manufacturers is targeted to provide increased profitability for Greenscape along side of supply chain consistency and reliability.

Currently, levels of certain supplies used in the energy retrofit process are low in Canada and this direct link to premier Taiwan based manufacturers will ensure stability of supply as Greenscape continues a rapid pace of growth.

Ryan Skomorowski, CEO of Green.Switch, Greenscape's wholly-owned energy retrofit company, states, "Due to high product demand from parking and commercial energy retrofit clients, we are constantly looking to increase the stability of our supply chain. Today's announcement is indicative of our commitment to provide clients with the utmost stability of supply which allows for seamless transition from the energy assessment to the installation and upgrade stage. We could not be more pleased than to partner with a well-established Crown Entity of Taiwan in pursuit of this. In addition to tailor making financial solutions and financing availability for our energy retrofit clients, we are also cognizant that another cornerstone of our business is quality performance on every job and supply stability is a part of this commitment."

Scott Yang, Director, Taiwan Trade Centre, Vancouver, explains, "TAITRA is proud to be partnering with Greenscape Capital during their period of rapid growth. Over the years, Taiwan manufacturers have won the reputation for quality control, on-time delivery, and world class service. Products made in Taiwan have achieved world class standards and market acceptance. Today, they compete head to head on quality, style, design, and value with world class goods from around the globe. Taiwan has been ranked second in Asia in business sophistication, enhancing the country's productivity and competitiveness, by the World Economic Forum (WEF). Taiwan is becoming increasingly recognized by global commercial and technology organizations as the world's number one supplier of components."

About Greenscape Capital Group

Greenscape Capital Group increases environmental sustainability, social responsibility, and profitability of companies and their operations. Greenscape Capital owns 100% of Green.Switch Capital, a Canadian based company focused on dramatically increasing the profitability of commercial facilities through enhanced energy efficiency and environmental best practices. Green.Switch provides full-service energy retrofitting for commercial clients. The Green.Switch energy retrofit process begins with the assessment of client issues and infrastructure, through to project design, capitalizing improvements, attaining government incentive grants when applicable, contracting, installation and monitoring. When marked opportunities arise, Greenscape also invests in other companies that operate in the environmental space, providing strategic capital and business advisory services to assist companies in achieving their environmental and corporate goals. Please visit our websites at: www.greenscapecapital.com, www.greenswitchcapital.com.

ON BEHALF OF THE BOARD

"Bryan Slusarchuk"
CEO and Director

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding future revenues and contracts. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur, when they will occur, or if they do occur, what benefits the company will obtain from them.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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