Silvio Ventures Inc.

March 14, 2008 14:35 ET

Silvio Appoints Fourth Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 14, 2008) - Silvio Ventures Inc. (NEX:SIV.H) (the "Company") is pleased to announce that it has appointed Dr. Harold Punnett to the board of directors of the Company.

Dr. Punnett served as a director on the board of Midway Gold Corp. from June 2000 to June 2004, and was also involved in the private, and subsequent public, financing of Oragenics, a US biotechnical start-up company in Florida. He is actively involved in several early stage companies as an investor. Dr. Punnett graduated from the University of British Columbia's Dental School in 1984. He is a current member of the Canadian Dental Association, the College of Dental Surgeons of B.C., and the B.C. Dental Association.

The Board granted Dr. Punnett 50,000 stock options pursuant to the Company's stock option plan for a five year term at an exercise price of $0.57. The options granted will be subject to any applicable regulatory hold periods and the approval of the NEX Board of the TSX Venture Exchange.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release.

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