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SEATTLE, WA, Aug. 17 /PRNewswire-FirstCall/ - Mantra Venture Group Ltd. ('Mantra', OTCBB: MVTG, FSE: 5MV) is pleased to announce that it has been invited by the BC Ministry of Economic Development to participate in The Environment & Energy Tech Trade Show (ENTECH 2009) to be held in Busan, Korea from September 16th-19th, 2009. ENTECH is Korea’s largest trade show focused on energy and environment, with over 500 booths and 34,000 visitors anticipated for this year’s event.
Over the course of the event, Mantra and seven other companies from British Columbia, Canada, will have kiosks in the BC Pavilion section of the Busan Exhibition and Convention Center (BEXCO). Mantra will also be participating in the BC Networking Seminar, where companies deliver 7-10 minute presentations to 50 pre-selected Korean Companies and business-matching opportunities organized by BC’s representative office in Korea.
Larry Kristof, President and CEO of Mantra, comments: “We are very much looking forward to participating in ENTECH 2009, and would like to thank the BC Ministry of Economic Development for the great opportunity. Shawn Kim, our VP of International Business Development, has been aggressively locating opportunities and expanding Mantra’s corporate awareness in Korea since joining our team in June, and we expect this trade show to be very beneficial in furthering these efforts. Korea plans to invest 3 trillion won ($2.7 Billion CDN) under President Lee Myung-bak’s “low carbon, green growth” regime, and this trade show will certainly serve as a gateway to several partnership opportunities in support of this initiative.”
Mr. Kim will be in Korea from August 16th to 31st to meet with potential clients and partners prior to the trade show, and again from September 12th to 20th for ENTECH 2009. To schedule a meeting with Mr. Kim during either of these times, please contact Kelly, Toll Free: 877-609-2898.
Stay up to date with Mantra on Twitter: twitter.com/mantraenergy
About Environment & Energy Tech (ENTECH) Tradeshow 2009
ENTECH is Korea’s largest tradeshow focused on energy and environment. Endorsed by the Korean Ministry of Knowledge Economy and Ministry of Environment, this four-day event focuses on environment (air, water, waste treatment, air pollution), energy (renewable energy, power generation and electricity, energy efficiency, home/industrial energy, transportation energy) and climate (carbon abatement technologies) sectors. To learn more, visit the ENTECH 2009 website: http://entechkorea.net/eng/mn01/mn01_01.php
About ERC
The ERC process, “the “Electrochemical Reduction of Carbon Dioxide”, combines captured carbon dioxide with water to produce high value materials, such as formic acid and formate salts, which are conventionally obtained from the thermochemical processing of Fossil Fuels. However, ERC has an advantage over the established thermochemical methods for converting carbon dioxide to liquid fuels.
While thermochemical reactions must be driven at relatively high temperatures that are normally obtained by burning fossil fuels, ERC operates at near ambient conditions and is driven by electric energy that can be taken from an electric power grid supplied by hydro, wind, solar or nuclear energy (forms of renewable energy).
About Mantra:
Mantra, through its group of sustainable energy, carbon reduction and consumer product subsidiaries, is active in the 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 for everyone, Mantra intends to provide a highly profitable and environmentally responsible investment for its shareholders.
Mantra's recent developments have resulted in many governments and leading industrial companies taking an interest in ERC. Mantra is currently in discussions regarding various grants and other support initiatives offered by international governments, as well as possible pilot projects with large industrial companies.
Mantra is a public company quoted on the OTC BB under the symbol MVTG and on the Frankfurt Stock Exchange under the symbol 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 which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Investor Relations
Terry Johnston
604-267-3022
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