SOURCE: Quadra Projects Inc.

December 14, 2009 08:00 ET

Quadra's Subsidiary to Establish an Assembly Plant in China

LAS VEGAS, NV--(Marketwire - December 14, 2009) - QUADRA PROJECTS INC. ("Quadra" or the "Company") (OTCBB: QPRJ) announced today that its wholly owned subsidiary, Quadra Energy Systems Inc. (QES), signed a Memorandum of Understanding (MOU) to enter into a Joint Venture agreement with Canda Green Industry Inc. ("Canda"), a prominent Chinese real estate development company that has been appointed to develop a large high technology park in the Dalian-Jinzhou District of Liaoning Province to cater to the world's ecological and environmental industries. The Joint Venture proposes to establish a plant in China for the assembly of the QES2000 Systems which will be utilized to process primarily Municipal waste and Used Tires in the scientific park and elsewhere in China. Canda's Chairman, Ms. Wang, is one of the Principals of the Jinda Group, a Chinese conglomerate involved in several industries ranging from real estate development, manufacturing of wood products, electronics, restaurant and hotel operations to sand blasting etc.

The Liaoning Coastal Economic Zone follows the earlier economic zones of the Pearl River and Yangzte River Delta and according to President Hu Jintao and Dalian Mayor Li Wancai makes the city of Dalian the focus of the world.

Management discussions with senior Government officials indicate that there are numerous incentives for locating in this park, including guaranteed sources of supply of used rubber and municipal waste.

The CEO of Canda, Jeff Tan, stated that this step is the initial manufacturing foray into the huge Chinese market with an expectation that the Assembly Plant within 3 years will be producing more than 100 QES2000 Systems a year generating anticipated revenues of $250,000,000 per year for the Joint Venture.

The QES2000 System is patented and Management of the Company is of the opinion that it is the most advanced prolysis 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, etc. 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.

Initially, the Company will focus its expansion initiatives in Asia, primarily in the fast growth economies of China, India and South-East Asian countries.

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 press release includes "forward-looking statements," which may be understood as any statement other than a statement of historical fact. Forward-looking statements contained in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on Management's current expectations and revenue projections and are based on assumptions that the manufacturing capacity for the assembly plant of the QES2000 Systems is achieved. These forward-looking statements are subject to risks, uncertainties, and changes in circumstances and market conditions. Actual results may vary materially from Management's expectations and projections expressed in this press release.

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