Nexterra gets funding to commercialize biomass power system

Aug. 31, 2009, Vancouver – Nexterra Systems Corp., a supplier of advanced biomass gasification systems, has received $7.7 million in funding from the BC Bioenergy Network
(BCBN), Sustainable Development Technology Canada (SDTC), the National
Research Council Canada Industrial Research Assistance Program
(NRC-IRAP), and Ethanol BC. This funding will be used to support Nexterra's recently announced
program to commercialize a new, high-efficiency biomass power system in
collaboration with GE Jenbacher and GE Energy. This advanced combined
heat and power (CHP) system involves direct-firing syngas from
Nexterra's biomass gasification technology into GE's
Ecomagination-certified Jenbacher internal combustion engines. Pilot
testing of the new CHP system will begin on schedule before the end of
2009. A first commercial demonstration project is expected to begin in
early 2010.

"We are very grateful to these organizations for their continued
commitment to Nexterra and for clean technology innovation in B.C. and
across Canada," says Jonathan Rhone, president and CEO of Nexterra.
"Building a strong domestic clean energy industry is critically
important to position our economy for recovery and to capitalize on
rapidly growing clean energy markets worldwide. We look forward for
continued collaboration with our funding partners to ensure Nexterra's
energy solutions meet the highest standards for biomass heat and power
applications."

The BCBN portion of this funding follows the memorandum of
understanding between BCBN and SDTC announced on Jan. 29, 2009. The
SDTC funding was part of the organization's thirteenth funding round,
approved by the Board of Directors in November 2008. Under the terms of
the agreement, BCBN and SDTC have agreed to work in partnership to
identify high-calibre projects within the B.C. bioenergy sector, with
the goal of increasing the number of investment opportunities. SDTC is
an arm's-length, not-for-profit corporation created by the Government
of Canada, which operates two funds aimed at the development and
demonstration of innovative clean technology solutions.