Vancouver, BC, Canada – Tuesday, October 7, 2008 – Carbon Friendly Solutions Inc. (TSX Venture Exchange: CFQ) (“CFS“or the “Company”) is pleased to announce the appointment of Slawomir Smulewicz to the Board of Directors.
Mr. Smulewicz has over 15 years of experience as an independent businessman and is a significant shareholder of the Company. He controls and serves on the Board of several private consulting and construction companies in Europe. Mr. Smulewicz graduated from the Warsaw University of Life Science (SGGW) Warsaw, Poland, with a Masters Degree in Agriculture and Business Administration.
“We are very excited to have Slawomir serve on our Board of Directors. He has a thorough understanding of both the Carbon Markets and Projects designated for the Carbon Markets, specifically in Europe. He will bring a wealth of business experience to our operations in Poland”, said Stan Lis, President of the Company.
The Company also announces that it has accepted the resignation of Mr. Peeyush Varshney from the Board of Directors effective immediately. Mr. Varshney wishes to fully concentrate on his other prior commitments and the Company thanks him for his past contributions.
About Carbon Friendly Solutions Inc.
Carbon Friendly Solutions Inc. is a project proponent that provides solutions for companies, organizations and individuals looking to reduce or offset their global warming impact caused by greenhouse gas emissions while including the generation of carbon credits for sale in the global Voluntary and Compliance markets. Through its wholly owned subsidiaries, Global CO2 Reduction Inc. and CO2 Reduction Poland Sp. Z o.o., CFS is focusing on removing and offsetting carbon dioxide emissions from the completion of reforestation, biomass energy and renewable energy technology projects that are independently validated and verified to globally recognized standards and methodologies.
On behalf of the Board of Directors Carbon Friendly Solutions Inc.
Stan Lis President
Certain statements included in this News Release contain forward-looking statements, including disclosure concerning possible or assumed future results of operations of the Company. Forward-looking statements typically are preceded by, followed by or include the words – “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “or similar expressions. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions, and the Company’s results could differ materially from those anticipated in these forward-looking statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
