Outlook Resources Inc.

Outlook Resources Inc.

March 26, 2010 11:29 ET

Outlook Resources Inc. Announces Advisory Relationship With HD1 LLC and Sustainable Enterprises, Inc.

TORONTO, ONTARIO--(Marketwire - March 26, 2010) - Outlook Resources Inc. ("Outlook" or the "Company") (TSX VENTURE:OLR) is pleased to announce it has contracted HD1 LLC ("HD1") and Sustainable Enterprises, Inc. ("SEI") to help expand Outlook's global business development efforts.

Mr. John R. Drexel IV and Dr. Janet E. Hawkes of HD1, and Mr. James W. Muzzy, President and CEO of SEI, will advise Outlook on the Company's development of low-carbon renewable fertilizers from organic waste streams. Outlook develops fertility offerings that overcome the environmental challenges represented by the use of chemical synthetic fertilizers and allow conscientious agriculture companies to reduce the carbon footprint of their products.

Mr. Drexel, Managing Director of HD1, is also Chairman of Sage Advisors LLC, a provider of investor and business services. HD1 LLC focuses on life sciences, agriculture and forestry, environmental conservation and renewable energy. Mr. Drexel sits on the boards of Woods Hole Oceanographic Institute, The Pilgrims Foundation and The Atlantic Partnership. Mr. Drexel was previously President of Concord Capital Management and President and CEO of Kidder, Peabody International Investments, among numerous other positions. He has served on the staff of former U.S. Senator Claiborne Pell and on the boards of Drexel University, The New Zealand Trade and Industry Advisory Board and several advisory boards of the United Nations and its Agencies, among others.

Janet Hawkes, Managing Director of HD1, has extensive experience in horticulture, agriculture, agro-forestry, environmental sciences, and education, and was previously Strategic Partner and CTO of RPM Ecosystems LLC. She directed the Cornell Educational Resources Program in the College of Agriculture and Life Sciences at Cornell University, and managed several domestic and international agricultural development projects. Dr. Hawkes currently serves on the advisory board for the United Nations Food and Agriculture "The Growing Connections" Program, and as an advisor to the Stone Barns Center for Food and Agriculture among other board positions.

Mr. Muzzy has more than 30 years of involvement in international business development, waste recycling, alternative fuels, renewable energy, banking, finance and public markets. He spent 10 years in the 1970s with Bank of America where he was focused on merchant banking, real estate, and construction projects worldwide. Mr. Muzzy was an early participant in the alternative energy industry, including biomass renewable fuels. Over his career he has served as a senior officer with many private and public companies involved in the recycling of various wastes.

Errol Farr, President and CEO of Outlook states "This association confirms that Outlook's business model attracts the involvement of sustainable technology thought leaders. Fertility, sustainability and low carbon resources is a significant growth industry and we believe our model of development is unique in the industry. I look forward to working with Mr. Muzzy, Mr. Drexel and Dr. Hawkes as we continue to build our brand and business."

About Outlook

Outlook Resources Inc. is a producer of low-carbon fertilizers from renewable sources. Outlook's products achieve high crop yields, multiple environmental benefits, and a lower carbon footprint by blending locally- sourced renewable raw materials with biologicals and enzymes in a proprietary process. Outlook is headquartered in Toronto, with a key sales and development office in Longmont, CO. For more information, please visit www.outlookresources.com.

The Company current has 207,309,197 common shares issued and outstanding.

The statements made in this press release include forward-looking statements that involve a number of risks and uncertainties. These statements relate to future events or future performance and reflect management's current expectations and assumptions. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements, such as the economy, generally, the demand for the Company's products, the availability of funding, and the anticipated costs of construction and operation. These forward-looking statements are made as of the date hereof and Outlook does not assume any obligation to update or revise them to reflect new events or circumstances, except as required by law. Actual events or results could differ materially from the expectations and projections.

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