Solarvest BioEnergy Inc.

Solarvest BioEnergy Inc.

March 30, 2010 13:11 ET

Solarvest BioEnergy Appoints Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 30, 2010) - SOLARVEST BIOENERGY INC. (TSX VENTURE:SVS) ("Solarvest" or the "Company"), is pleased to announce the appointment of Michael O'Brien as a director of the Company.

Michael O'Brien is a Senior Business Advisor with the law firm of McInnes Cooper located in Charlottetown, PEI. Between 2004 and 2006, Mr. O'Brien was Prince Edward Island's Deputy Minister of Development and Technology, following seven years as provincial Deputy Treasurer. Previously, he was a general practice partner with Coopers & Lybrand, Chartered Accountants. In 1984, he received his fellowship designation with the Institute of Chartered Accountants of Prince Edward Island and is a member of the Canadian Institute of Chartered Accountants. Michael O'Brien was appointed to the Board of Directors of the Bank of Canada in October 2006.

Gerri Greenham, President and CEO of Solarvest, "We are extremely fortunate to have Mr. O'Brien serve on our Board of Directors. As we face a future world where petroleum will not be the dominant energy source, Solarvest's success as a green energy provider will be lead by experienced people like Michael contributing their business and strategic guidance."

About Solarvest: Solarvest is committed to the development of sustainable and renewable energy sources to meet growing energy demands and environmental challenges. Solarvest's intellectual property is a biologically-based hydrogen producing technology, which provides a method for controlling key genes in algae resulting in the continuous production of hydrogen gas. Solarvest's bio-energy production system utilizes light and carbon dioxide to produce hydrogen leaving a clean positive environmental footprint.

The statements made in this news release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.

The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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