Outstanding Shares: 79,687,836
QUEBEC CITY, Feb. 13, 2014 /PRNewswire/ - CO2 Solutions Inc. (TSX-V: CST), an innovator in the field of enzyme-enabled carbon capture technology, today announced that Jonathan A. Carley, CO2 Solutions' Vice-President of Business Development, will Chair the 2014 Carbon Dioxide Utilization Congress: Exploring the Landscape of Industrial Applications of CO2, on February 19, 2014 in San Diego, California.
Mr. Carley will also make a presentation at the Congress on the deployment of the Company's enzymatic technology for the low-cost capture and production of CO2 for commercial use. A copy of Mr. Carley's presentation will be posted on CO2 Solutions' website following the presentation date. Further information on the Congress can be found at http://www.wplgroup.com/aci/conferences/eu-cco2.asp.
This event comes at a time when large industries, such as the oil, gas and power generation sectors, are actively seeking ways to reduce their carbon emissions due to growing concerns and regulatory pressure over climate change. The opportunity to use these waste emissions commercially is also emerging as a key area of interest complementary to carbon reduction efforts.
"CO2 Solutions is positioning its technology as a best-in-class, retrofitable solution to capture carbon from emissions-intensive industries such as oil production, in order to produce pure CO2 for commercial application such as in Enhanced Oil Recovery," stated Carley. "We hope to use our selection as Chair of this important industry event to showcase our technology to potential customers and partners."
About CO2 Solutions Inc.
CO2 Solutions is an innovator in the field of enzyme-enabled carbon capture and has been actively working to develop and commercialize the technology for stationary sources of carbon pollution. CO2 Solutions' technology lowers the cost barrier to Carbon Capture, Sequestration and Utilization (CCSU), positioning it as a viable CO2 mitigation tool, as well as enabling industry to derive profitable new products from these emissions. CO2 Solutions has built an extensive patent portfolio covering the use of carbonic anhydrase, or analogues thereof, for the efficient post-combustion capture of carbon dioxide with low‐energy aqueous solvents. Further information can be found at www.co2solutions.com.
CO2 Solutions Forward-looking Statements
Certain statements in this news release may be forward-looking. These statements relate to future events or CO2 Solutions' future economic performance and reflect the current assumptions and expectations of management. Certain unknown factors may affect the events, economic performance and results of operation described herein. CO2 Solutions undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable law.
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SOURCE CO2 Solutions Inc.