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Seattle, WA, March 4, 2008: Mantra Venture Group Ltd. (OTCBB: MVTG - FSE: EDV 5MV) is pleased to report that Dr. Ben Anthony, a member of Mantra’s Scientific Advisory Board, has been appointed as the Head of the Canada’s Clean Electric Power Generation (“CEGP”) program.
According to Natural Resources Canada “The CEPG is Canada’s centre of excellence for the development of efficient stationary combustion processes and pollution abatement technologies to support industrial development nationally and internationally…CEGP is actively developing and deploying processes and tools that increase knowledge of combustion, substantially reduce greenhouse gases, and improve the efficiency of combustion-based power generation.”
The CEPG program is administered by National Research Canada and works in partnership with numerous agencies, universities and research institutes, including Environment Canada, the United States Departments of Energy and Environmental Protection, and the International Energy Agency. Dr. Anthony’s appointment as the head of CEPG reflects the stature and importance that the Government of Canada attaches to green, sustainable energy production and to Dr. Anthony’s involvement in this field of endeavor.
John Russell, Chair of Mantra’s Scientific Advisory Board said, “This appointment is exactly in line with Mantra’s philosophy and reflects the importance of Dr. Anthony to the Company as we seek new, innovative alternate energy sources.” The CEPG program includes research areas such as: O2/CO2 combustion, Biomass combustion and advanced measurement techniques, “all areas of interest to Mantra,” Mr. Russell continued.
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is set to enter the burgeoning green technology marketplace with 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, more importantly, socially and environmentally responsible investment for its shareholders.
Mantra is a public company quoted on the OTCBB under the symbol MVTG and the Frankfurt Stock Exchange under the symbol EDV 5MV.
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, including, without limitation, Mantra Venture Group's recent Registration Statement on Form 10-QSB, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
CONTACT: Kol Henrikson, Corporate Communications.
Phone: (877) 609-2898,
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