SOURCE: Mantra Venture Group, Ltd.

September 20, 2010 15:10 ET

Mantra Holds Open House at Its New Office

SEATTLE, WA--(Marketwire - September 20, 2010) -  Mantra Venture Group Ltd. ('Mantra') (OTCBB: MVTG) (FRANKFURT: 5MV) is pleased to announce that it has moved to larger premises in South Surrey. The move was required to accommodate growth and to showcase the LED lighting products being handled by subsidiary, Climate ESCO Ltd, and to act as a distribution center.

The by-invitation event will be held on 23rd September, Thursday, from 6 pm to 9 pm. Mayor Watts of Surrey will attend to formally open Mantra's new office. There will be information available on Mantra's growth and business expansion. Investors, community leaders and clients have been invited for the occasion.

Of particular note: the office is newly retrofitted by Climate ESCO with LED lighting, the first of its kind in BC, including exterior and parking lights. This project represents our commitment to energy savings, maintenance free, economical lighting solutions: a number of municipal and industry LED installation projects are underway. Climate ESCO is experiencing dramatic growth.

The City of Surrey encourages industries based on green technology. Mantra's chosen location puts us within easy access of highways, ports (Vancouver, Fraser Docks and Roberts Bank), and minutes from the major Lower Mainland truck crossing to the U.S.

About Surrey, British Columbia.

Surrey is located on the Canadian West Coast in one of the most enviable places in the world to live. At the crossroads of the Pacific Rim, Greater Vancouver and the United States, Surrey is a city strategically located in one of the most appealing and competitive economic regions of North America. Surrey is a vibrant international city well positioned for success. Surrey is a city of exciting communities, where modern urban development occurs in harmony with green spaces, parks and farmland -- it will be British Columbia's next great metropolitan center. Not only are many families locating here, business and sustainable industry are welcomed and encouraged with incentives.

About Climate ESCO Ltd.

Climate ESCO LTD. (CE) is a wholly owned subsidiary of Mantra Venture Group Ltd. The Vision of CE is to source out and identify new and innovative ways to reduce public and private organizations carbon footprint and global climatic impact. CE will achieve this through identification of enhancements or new efficiencies in existing technologies or new cutting edge solutions. The goal is for CE to be a turnkey solution for companies to turn to for saving electric energy and using new technologies to reduce power consumption while decreasing expenditures over time. Climate ESCO is dedicated to provide the best available products with the best economics that will also allow environmental responsibility and through association with CE companies will legitimize their commitment to green technologies.

LED (Light Emitting Diode) is the first technology adopted by Climate ESCO because of its remarkable potential to reduce demand for electrify. CE has sought and secured relationship with leading manufactures from around the globe.

About Mantra Venture Group Ltd.

Mantra owns a portfolio of companies focused on sustainable energy, carbon reduction and consumer product subsidiaries. Mantra's mission is to be a leader in the green technology marketplace using an innovative, multi-faceted approach focused on profitability through sustainability. By aggressively seeking out new technologies and innovating solutions for a cleaner earth, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.

Forward-Looking Statements:

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Mantra Venture Group's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.

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