SOURCE: Quadra Projects Inc.

December 21, 2009 16:01 ET

Quadra Projects Inc.: Update to Shareholders

LAS VEGAS, NV--(Marketwire - December 21, 2009) - QUADRA PROJECTS INC. ("Quadra" or the "Company"), its stock quoted on the OTC BB under the trading symbol (OTCBB: QPRJ), released an update to shareholders to advise them of the progress the Company is making in the International and US markets in dealing with various inquiries the Company has received from all sectors dealing in waste materials world-wide.

Mr. Stephen Leung, President of Fanta International, the Company's distributor for China, has confirmed that his Company has several orders on hand for the purchase of QES2000 Units, subject to the customers viewing the operation of the QES100 Utility Unit recently completed. Initially, this Unit will be used for demonstration purposes to confirm the technical and commercial viability of the Company's technology to interested buyers desiring verification of the technology. The demonstration and delivery of this Unit will occur in the latter part of January 2010 after pre-testing and final inspection is completed by our technical team. Mr. Leung has indicated that the demonstration of the Utility Unit will result in initial orders being placed for the QES2000 Conversion Unit which will generate projected sales in excess of $4,000,000.

As per our earlier news release, the Company confirms that the QES Utility Unit was completed ahead of schedule and on budget and a demonstration of the Utility Unit will be shown to Senior Government Officials, prospective customers of our distributor, and our prospective Joint Venture Partners, Canda Green Industry Inc. and the Company's interested international parties.

Canda Green Industry Inc. is a prominent Chinese real estate development company appointed to cater to the world's ecological and environmental industries and the principals of the Company are principals of the Jinda Group involved in industries ranging from real estate development, manufacturing of wood products, electronics, restaurant and hotel operations to sand blasting etc.

Further, the Company advises its shareholders that it has added to its team of consultants Mr. Bert Kelm, Bsc Eng., as project manager for many of the Company's future plant installations. Mr. Kelm has over 30 years experience in project Management including supervising major projects for Honeywell and has been a consultant to many International firms. The Company also added Ernest Daddey BSc (Hon), an award winning materials scientist, with over 20 years expertise in product development and manufacturing, product research and environmental management in Europe, Africa, South and North America to lead the Company's marketing efforts in Africa and South America, where Mr. Daddey has extensive commercial and Government networks.

Management of the Company is of the opinion that the patented QES2000 System is the most advanced pyrolysis and gasification system in the world, specifically designed to convert all organic waste such as palm husks (including used tires, plastic waste and municipal waste etc,) to valuable by-products such as N220 carbon black, biochar fertilizer, and/or fuel oil or fuel gas for the production of electrical power, without any measurable environmental pollution or ash to be land filled. The QES2000 System is designed to meet the Global challenges of the 21st Century wherein natural resources are being exhausted, the petroleum industry is unstable and uncertain in terms of cost and supply and the world is seeing a degradation of the Global environment.

Because of the affordability of the QES2000 System, and the creation of significant revenue streams from the by-products, the return on investment is much greater than other competitive systems.

About QUADRA PROJECTS INC.

QUADRA PROJECTS INC. intends on becoming a leading green energy company focusing on environmentally friendly opportunities focusing on its leading waste to energy technology and other green industry opportunities existing world-wide.

Forward Looking Statements:

THIS RELEASE CONTAINS CERTAIN FORWARD-LOOKING STATEMENTS CONCERNING QUADRA'S OPERATIONS, ECONOMIC PERFORMANCE AND FINANCIAL CONDITION. THESE STATEMENTS ARE BASED UPON A NUMBER OF ASSUMPTIONS AND ESTIMATES, WHICH ARE INHERENTLY SUBJECT TO UNCERTAINTIES AND CONTINGENCIES, MANY OF WHICH ARE BEYOND THE CONTROL OF THE COMPANY, AND REFLECT FUTURE BUSINESS DECISIONS, WHICH ARE SUBJECT TO CHANGE. SOME OF THESE ASSUMPTIONS MAY NOT MATERIALIZE, AND UNANTICIPATED EVENTS WILL OCCUR WHICH CAN AFFECT THE COMPANY'S RESULTS.

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