Mondial Energy Inc.

Mondial Energy Inc.

December 17, 2007 15:44 ET

Mondial Energy Named One of Canada's Top 10 Cleantech Companies

TORONTO, ONTARIO--(Marketwire - Dec. 17, 2007) - Mondial Energy has been named one of Canada's Top 10 Cleantech companies for 2008. The awards are organized each year by the Ottawa Centre for Research and Innovation (OCRI) and are sponsored by the law firm Borden Ladner Gervais LLP. The purpose of the award is to promote the ten most promising companies in the Cleantech industry. Winners are chosen by an independent expert panel of Canadian and US venture capitalists.

As part of the award, Mondial receives coaching in investor relations and in presenting to investors. Mondial will also benefit from the opportunity to participate in a series of Investor Forums that OCRI is organizing in early 2008 in Boston, New York and San Francisco. The purpose of the forums is to bring winning companies and active investors together for a series of one-on-one meetings.

Further information is available on Mondial's web site at www.mondial-energy.com/main.

About OCRI:

OCRI (Ottawa Centre for Research and Innovation), the city's economic development corporation, is leading the way for Ottawa. OCRI is the rallying point to bring business, education and research together to create the winning economic conditions that allow Ottawa's technology companies to thrive locally and compete globally. At OCRI we promote sustainable economic development to maintain our high quality of life. For more information on OCRI visit our website at www.ocri.ca and for more information on the Ottawa Region please visit www.ottawaregion.com.

About Mondial Energy Inc.:

Mondial Energy Inc. is a private company with over 50 shareholders formed in 2004 to fund and own renewable energy generating assets. Mondial sells energy from solar assets. For more information on Mondial, visit our web site at www.mondial-energy.com.

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