Failsafe Canada Inc.

August 25, 2009 08:30 ET

Failsafe Canada Inc. Delivers New Carbon Offset Trading Functionality and New Strategic Business Partners

CALGARY, ALBERTA--(Marketwire - Aug. 25, 2009) - Failsafe Canada Inc. today announced that it has finalized and placed new technology, that completes the necessary supply chain requirements, to be involved in Alberta's and North Americans, Carbon Credit and Green House Gas, (GHG), offset market.

During the month of June 2009, Failsafe Canada successfully delivered a "Carbon Credit Trading and Investment Seminar" to two, sold out sessions.

Failsafe Canada is proud to announce that they have formed a working relationship with the Canadian Offset Trade Association, COTA. COTA will work with stakeholder groups, government and related legislative bodies to further define and standardize the rules and regulations around certification and verification technologies for the offset market.

Failsafe Canada would like to announce that they have formed a strategic business relationship with VanCoe Agriculture, of Wilkinson, IN. VanCoe delivers leading edge satellite imaging services using advanced spectrum analysis to improve verification accuracy and offset quality. Failsafe and Vancoe's new offset verification technology will be available in Sept. of 2009.

Failsafe Canada is now able to announce a strategic business relationship with Cattleland of Alberta, one of the countries largest feedyards. Using Failsafe's proprietary technology, Cattleland will be able to produce Offset credits by utilizing the newly approved bovine protocols, which are now in the Failsafe system.

Failsafe Canada provides QSyS, for managing the entire lifecycle of greenhouse gas reduction projects.

The core elements of this enterprise solution include:

- Contact Management, Document Management and Contract Management

- Supply Chain Management

- Offset quantification, serialization, inventory management

-- Financial statements and other financial and operational reports

-- Customer relationship and contract management

-- Data warehousing and data/credit audit trail

New protocols have also been added which will be of significant interest to the livestock industry especially feedlots. The new protocols are: "Edible Oils", "Days on Feed" & "Beef Life Cycle". These new protocols complement the existing "No- Till" protocol, and energy efficiency protocols, which are already programmed into the application. These additional protocols have all been approved by the Alberta government.

Failsafe Canada is the leading system provider for organizations looking to aggregate offset credits. QSYS is a proven system that creates, tracks, and manages verified emissions reductions, (VERs) within the agriculture sector and is now able to handle other industry verticals such as Biofuels, Afforestation, Wind and other renewable energy markets. Failsafe Canada also provides MSys, a Carbon Offset management tool for (LFEs) large final emitters.

Failsafe Canada provides technology, strategic consulting, and expert operational services to assist in reducing costs and improving performance in market operations, system operations support, and demand response programs. Failsafe is a privately- held company headquartered in Calgary, Alberta, Canada.

Aggregation and partnership opportunities are available. For further information: Additional information can be obtain from Failsafe Canada Inc.

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