Lignol joins Carbon Fiber Consortium

May 9, 2012, Vancouver, BC – Lignol Energy Corporation, a
leading technology company in the advanced biofuels and renewable
chemicals sector, has announced that it has become a member of the
Oak Ridge Carbon Fiber Composites Consortium ("Consortium"). The
Consortium is composed of some 40 organizations with a common interest
in the development and commercial deployment of new carbon fiber and
composite materials.  Members include some of the world's leading
chemicals, materials and auto-manufacturing companies, as well as
established carbon fiber manufacturers and several research institutes.

The Consortium (www.cfcomposites.org) is managed by Oak Ridge National Laboratory, ("ORNL") which is the
largest science and energy national laboratory in the US Department of
Energy system. ORNL is engaged in a number of research and development
initiatives in the carbon fiber space and will soon complete
construction of the Carbon Fiber Technology Facility ("CFTC"), which
will include a pilot plant capable of producing up to 25 tons per year
of new carbon fiber materials from several different precursors,
including lignin. Lignol recently attended the semi-annual meeting of
the Consortium in Oak Ridge, Tennessee, which examined market
development for carbon fiber composites and reviewed progress on the
ORNL carbon fiber programs, including the CFTC.

"We are delighted to have been invited to join the Oak Ridge Carbon
Fiber Composites Consortium and are truly impressed with the caliber
and diversity of the membership that ORNL has attracted to the
consortium," said Lignol's President and Chief Executive Officer, Ross
MacLachlan. "The recent meeting was extremely valuable for us to make
contact with players in this developing industry sector and to discuss
our progress in Lignin-Carbon Fiber development with many of them. We
were gratified with the depth of interest that we received in our HP-L™
lignin among members."

Lignol is engaged in a wide range of application development projects
incorporating its proprietary HP-L™ lignin into many core products of
the chemical industry, such as coatings, resins, composite materials
and thermoplastics. As well as developing some very promising
applications, this work has resulted in a significant and robust
intellectual property portfolio relating to composition of matter,
structure and function of lignin, independent of the process used to
produce it. One key area of development is the use of HP-L lignin as a
raw material for carbon fiber manufacture, an application which shows
great technical promise with large-scale commercial potential. The
unique physical and chemical characteristics of HP-L lignin have proven
advantageous in carbon fiber manufacture compared with many other
lignins. Lignol has been working on Lignin-Carbon Fiber with a number
of groups around the world, including universities, research
institutes, such as ORNL, auto-makers and specialized materials
manufacturers. Over a number of years Lignol has been supplying
researchers with development samples of HP-L lignin and more recently,
with tonnage quantities for larger scale production trials.

About Lignol

Lignol is a Canadian company undertaking the development of
biorefining technologies for the production of advanced biofuels,
including fuel-grade ethanol, and other renewable chemicals from
non-food cellulosic biomass feedstocks. Lignol's modified solvent based
pre-treatment technology facilitates the rapid, high-yield conversion
of cellulose to ethanol and the production of value-added biochemical
co-products, including high purity HP-L™ lignins. HP-L^TM lignin represents a new class of high purity lignin extractives (and
their subsequent derivatives) which can be engineered to meet the
chemical properties and functional requirements of a range of
industrial applications that until now has not been possible with
traditional lignin by-products generated from other processes. Lignol
is executing on its development plan through strategic partnerships to
further develop and integrate its core technologies on a commercial
scale. Lignol also intends to invest in, or otherwise obtain, equity
interests in energy related projects which have synergies with its
biorefining technology. For more information please visit www.lignol.ca.