Greenscape Capital Group Inc.
TSX VENTURE : GRN

Greenscape Capital Group Inc.

February 08, 2010 09:00 ET

Greenscape Partners with the Carbon War Room in Support of Green Capital Global Challenge

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 8, 2010) - Greenscape Capital Group Inc. (TSX VENTURE:GRN) –

Announcement Highlights:

  • Carbon War Room founded by Sir Richard Branson and the Former President of Costa Rica, the Honourable José María Figueres
  • Greenscape to meet with world's most innovative mayors and industry experts
  • Launch to take place February 15th-17th, during the Vancouver 2010 Winter Olympic Games

Greenscape Capital Group Inc. ("Greenscape") is pleased to announce that it is sponsoring the Carbon War Room in its partnership with Mayor Gregor Robertson, to launch the Green Capital Global Challenge, a one-year program focused on utilizing market-based solutions to reduce carbon emissions in the built environment.

Greenscape will join Sir Richard Branson and the Honourable José María Figueres, founders of the Carbon War Room, Vancouver Mayor Gregor Robertson, and a host of innovative entrepreneurs, civic leaders, and financiers from around the world, in launching the event during the Vancouver 2010 Winter Olympic Games.

The Carbon War Room is a 'think and do tank' that harnesses the entrepreneurial spirit of business leaders and others focused on climate change to identify and disseminate locally effective models that mobilize capital to civic energy efficiency initiatives.

The Carbon War Room's Green Capital Global Challenge has specifically identified energy efficiency in the built environment as a target for new, market-oriented business models that can overcome the barriers to achieving significant reductions in carbon emissions. Vancouver ranks among the greenest cities in the world, Vancouverites have the smallest carbon footprint of any urban environment in North America, and Mayor Robertson has implemented a pioneering civic sustainability plan, Vancouver Green Capital. Vancouver is a distinguished city that will serve as a strong platform from which to launch an accelerated, well-capitalized green innovation initiative around the world.

The "battle strategy" is to partner with the best existing efforts in this field, to connect innovators, financiers, and decision makers, and to accelerate capital flows to the energy efficiency market. Greenscape Capital Group will work with the Carbon War Room, the City of Vancouver, and other participating members to facilitate access to capital, catalyze new partnerships, and achieve a market-based energy efficiency model for the world to follow.

Capitalizing on the convening power of the Carbon War Room, unparalleled international attention to be garnered by the Olympic Games, and a forum of collected entrepreneurial visionaries, the Green Capital Global Challenge will establish a city based energy efficiency action plan, enshrined in Vancouver, as an inspiration to other global cities.

Bryan Slusarchuk, Greenscape Capital CEO, has been invited to address the Carbon War Room and the attendees of the Green Capital Global Challenge. Greenscape recognizes the many challenges that civic leaders face as they endeavor to make cities more environmentally sustainable and will help support the Carbon War Room's goal of overcoming such challenges. This is the start of a global initiative that will benefit the climate and all participants in the meeting.

Michael Hofer, Canadian Certified Environmental Practitioner and Greenscape Director, states:
"The Carbon War Room has done an excellent job of focusing attention on the need for significant energy efficiency measures. Moreover, with the Green Capital Global Challenge, they have signaled to the world that market oriented solutions, led by driven and innovative leaders and entrepreneurs, are required to generate significant results. By bringing several such innovators together in Vancouver, combined with international thought leaders and decisions makers, they have made it clear that now is the time to start implementing effective solutions. Greenscape is very pleased to be involved in this initiative. Our corporate vision and mandate align perfectly with the Green Capital Global Challenge objectives. Greenscape has established itself as an industry leader in the energy efficiency field and, through our unique retrofit model, precisely embodies the type of business innovation required to achieve such goals."

About Vancouver Green Capital

"Vancouver Green Capital" is the City of Vancouver's business brand for economic development and leverages the business potential of the 2010 Games. The brand is at the heart of the creation of a robust and long-term economic strategy that will guide the City's pursuit of international economic opportunities.www.vancouver.ca/greencapital.

About the Carbon War Room

The Carbon War Room harnesses the power of entrepreneurs to implement market-driven solutions to climate change. The Carbon War Room's unique approach focuses on bringing together successful entrepreneurs, business leaders, policy experts, researchers, and thought leaders to focus on market-driven solutions.www.carbonwarroom.com.

About Greenscape Capital Group

Greenscape Capital Group increases environmental sustainability, social responsibility, and profitability of companies and their operations. Greenscape Capital owns 100% of Green.Switch Capital, a Canadian based company focused on dramatically increasing the profitability of commercial facilities through enhanced energy efficiency and environmental best practices. Green.Switch provides full-service energy retrofitting for commercial clients. The Green.Switch energy retrofit process begins with the assessment of client issues and infrastructure, through to project design, capitalizing improvements, attaining government incentive grants when applicable, contracting, installation and monitoring. When marked opportunities arise, Greenscape also invests in other companies that operate in the environmental space, providing strategic capital and business advisory services to assist companies in achieving their environmental and corporate goals.

www.greenscapecapital.com.

www.greenswitchcapital.com.

ON BEHALF OF THE BOARD

"Bryan Slusarchuk" CEO and Director

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding future revenues and contracts. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur, when they will occur, or if they do occur, what benefits the company will obtain from them.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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