SOURCE: Grid Cloud Solutions

January 12, 2011 10:00 ET

Grid Cloud Solutions Strengthens Its Board With the Appointment of Dr. Luc C. Duchesne

SAULT ST. MARIE, ON--(Marketwire - January 12, 2011) - Grid Cloud Solutions Inc. (PINKSHEETS: GRDC) welcomes Dr. Luc C Duchesne to its board of directors, and appoints Dr. Duchesne as its new Chief Technology Officer (CTO).

About Dr. Luc C Duchesne:
Dr. Duchesne, 50, is a well respected businessman and research scientist. He received a PhD from the University of Guelph in 1988, an MSc from the University of Toronto in 1985 and a B. Sc. Forest Engineering from Laval University in Quebec City in 1983. He has three postdoctoral specializations in molecular biology, molecular genetics and genetic engineering. Since 2004, he has been the President and CEO of Forest BioProducts Inc (FBP). He was a research scientist for Natural Resources Canada from 1991 to 2003. He has taught undergraduates and graduates in eight universities as an adjunct professor including the Université de Moncton where still acts as an adjunct professor.

Dr. Duchesne is widely published in a broad range of disciplines such as bio-energy, forest economics, bio-technology, molecular biology, entomology, pathology, microbiology, fire ecology, and non-timber forest products.

He is the author or co-author of 85 peer-reviewed book chapters, scientific articles and books, and has presented numerous lectures in symposia, international and national meetings. Dr. Duchesne has consulted on a broad spectrum of renewable energy projects. For example in 2008-2010, FBP was the consulting company assisting in the development of a feedstock strategy for St. Mary's Renewable Energy Corporation. The feedstock strategy was used in the business planning for a 35 MW Combined Heat and Power Purchase Agreement (PPA) with the Ontario Power Authority -- total project value of $175 M was announced ( in Q4 2010. In 2006, FBP was retained by the Ontario Ministry of Energy to assess renewable feedstock solutions for the displacement of coal at Atikokan Generating Station (210 MW) ( Dr Duchesne is the co-author of Bioproducts from Canada's Forests (, a substantive book published by Springer.

A Promising Future:
Grid Cloud Solutions is confident that Dr. Duchesne will prove to be a valuable asset to the new company as it strengthens its position at the forefront of the North American renewable energy race. Particularly, Dr. Duchesne will provide business and technical support to reach a broad spectrum of clients, and based on his level of expertise developed during his tenure with FBP, is expected to assist in the development and execution of multiple opportunities in the North American renewable energy market.

About Grid Cloud Solutions:
Grid Cloud was formed as a service company to support the renewable energy sector by providing a variety of business and technological solutions including: financing, business development, security and monitoring services. The company offers these services to the wind, solar, modern biomass, geothermal, hydroelectricity and biofuel industries. The Company's business plan is tailored after the business models developed by service providers in the petroleum industry who are focused on providing solutions to complex problems as they emerge.

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Disclaimer: Shareholders and investors are strongly cautioned against placing undue reliance on information set forth in these communications in making any investment decisions concerning our securities. The matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks are detailed from time to time in the Company's periodic reports filed with the including the company's Annual Report, Quarterly Reports and other periodic filings. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements.

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