Radiant Energy Corporation

Radiant Energy Corporation

December 31, 2007 12:35 ET

Radiant Announces Fully Subscribed Private Placement of Common Shares

PORT COLBORNE, ONTARIO--(Marketwire - Dec. 31, 2007) - Radiant Energy Corporation ("Radiant" or the "Company") (TSX VENTURE:RDT) developer and marketer of InfraTek®, the environmentally friendly, patented, infrared pre-flight aircraft deicing system, announced the completion of a non-brokered private for the issuance of 12,500,000 common shares at $0.11 per common share for total gross proceeds equal to $1,375,000.

Three insiders of the Corporation subscribed for 10,681,817 common shares for gross proceeds of $1,175,000. Multiple closings were allowed. The Company extended the closing date to December 28, 2007 from December 22, 2007. The common shares will have a four-month hold period expiring between April 8, 2008 and April 27, 2008.

Other business

On July 19, 2007 the Board of Directors approved the issuance of 400,000 options to purchase common shares of the Company at price of $0.20 per common share to Colin V. F. Digout, the President of the Company under the Employees Stock Option Plan. The stock options were issued on December 31, 2007.

Radiant trades on the TSX Venture Exchange (symbol RDT). The InfraTek Deicing System is the only FAA-approved for use, non-glycol based alternative to the conventional pre-flight ground deicing process. InfraTek offers savings to airports and airlines by reducing treatment costs and by significantly reducing the negative environmental impact of spent glycol.

This press release may contain forward-looking statements, including statements regarding the business and anticipated financial performance of Radiant Energy Corporation, which involve risks and uncertainties. These risks and uncertainties may cause Radiant's actual results to differ materially from those contemplated by the forward-looking statements.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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