Radiant Energy Corporation

Radiant Energy Corporation

November 14, 2006 10:15 ET

Radiant Announces Col. George Waskosky 'Ret.' To Head New Military Division

NIAGARA FALLS, NEW YORK--(CCNMatthews - Nov. 14, 2006) - Radiant Energy Corporation ("Radiant" or the "Company")(TSX VENTURE:RDT) developer and marketer of InfraTek®, the patented, infrared pre-flight aircraft deicing system, is pleased to announce that due to increased interest and activity with the US military, the Company has created a Military Division to be headed up by Col. George Waskosky (Ret.).

In recent months, Radiant has worked closely with the US military as they evaluate the acceptance of the InfraTek product. The United States Air Force will be conducting controlled tests as well as testing the existing InfraTek facility at JFK Airport during the upcoming winter season on C-17 aircraft in cooperation with Boeing. Once approved, military bases throughout the US military can acquire an InfraTek system as an approved standard piece of capital equipment. Also, the U.S. Department of Defense requested Radiant to submit a request for Phase II funding under the Small Business Innovation Research program (SBIR) for the development of a non-glycol based transportable deicing system.

During his military career with the Air National Guard as a Vice Wing Commander for the 107th Air Refueling Wing, Col. George Waskosky (Ret.) established the first National Test Center for Deicing Technologies to conduct fluid validations. Col. Waskosky (Ret.), trained as Director of Mobility Forces, which enables him to provide critical input into how a transportable non-fluid system will interface with the Air Mobility System and Air Force Material Handling Equipment. Col. Waskosky (Ret.) commented, "The InfraTek product meets the needs of US armed forces by providing reliability in all weather conditions and InfraTek's proven ability to reduce pollution is of interest to today's "Green" minded armed forces. InfraTek has the core fundamentals to succeed in meeting the needs of military applications."

Given recent progress, the Company will be establishing a facility in the CALSPAN Research Center at the Niagara Falls Airport in Niagara Falls, New York. The new facility will ultimately have an in-house lab and test facility. If the Company is successful in being awarded the Phase II Contract, the demonstration of the transportable system will be located adjacent to the CALSPAN facility.

Update on the SBIR

The U.S. Department of Defense's (DoD) Small Business Innovation Research program selected Radiant to assist them to overcome the operational limitations of deicing with glycol-based fluids at expeditionary Air Force Bases. Radiant will leverage its extensive expertise in non-fluid deicing technology to develop a system that meets the Air Force's deicing needs during winter contingency flight operations at austere locations. The proposed infrared transportable system is not a replacement technology to the existing patented InfraTek deicing system.

Radiant's proposal outlined an electrical infrared deicing system that is quickly installed, easily transportable, and scalable for aircraft ranging in size from helicopters to large mobility aircraft. The system will provide the same, infrared deicing effect as Radiant's current permanent systems in place at commercial airports in the United States and Norway. The InfraTek installation at the Newark Liberty International Airport, one of Radiant's first systems, has achieved a 90% reduction in glycol use.

The work on Phase I, valued at approximately USD $90,000, which funded the conceptual design and testing of the modular heating units required to advance to the next phase is approximately 60% complete. The request by the DoD to submit a request for funding Phase II is an important step in the development of the transportable system. Phase II will involve the construction of a temporary structure adjacent to the CALSPAN Research facility for testing on an aircraft and the construction of eight transportable bins with six heating arrays in each bin. Maximum funding under Phase II is US$750,000 with additional matching funding under the Phase II enhancement program of $500,000. Radiant will determine the level of funding required and submit the Phase II application by November 29, 2006. Acceptance or rejection of the Phase II application will be received no later than January 30, 2007.

Radiant trades on the TSX Venture Exchange (symbol RDT). The InfraTek Radiant Deicing System is the only FAA-approved for use non-glycol based alternative to the conventional pre-flight ground deicing process. InfraTek offers substantial savings to airports and airlines by reducing treatment costs and by significantly reducing the negative environmental impact of glycol. The InfraTek Deicing System is in use at Newark International Airport, and Rhinelander-Oneida County Airport, Wisconsin, with new facilities about to open at JFK Airport, New York and Oslo, Norway.

This press release may contain forward-looking statements, including statements regarding the business and anticipated financial performance of Radiant Energy Corporation, which involve risks and uncertainties. These risks and uncertainties may cause Radiant's actual results to differ materially from those contemplated by the forward-looking statements.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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