QUEBEC CITY, Dec. 1, 2005 -- Canada NewsWire

 

CO2 Solution Inc. ("CO2 Solution") has signed a Memorandum of Understanding with The Babcock & Wilcox Company ("B&W"), a world leader in the design, manufacture, construction and service of power generation and pollution control systems and equipment.

The two companies have agreed to enter into formal discussions to clarify their mutual interest in investigating the efficacy of CO2 Solution's enzyme- based CO2 capture and sequestration technology for application to carbon-based power generation systems.

Ghislain Theberge, President of CO2 Solution, said, "we have identified the industrial sector of coal-fired power plants in the USA and Canada as a major target for our technology, and we see B&W as the ideal partner to do tests in this field."

Don Langley, B&W vice-president of Operations, said, "B&W has been a technology leader in the power industry for decades, and we are pleased to work with CO2 Solution to determine if this new technology provides a viable way to reduce carbon dioxide from power plant emissions."

About Babcock & Wilcox

B&W is a unit of McDermott International, Inc., a leading worldwide energy services company. McDermott subsidiaries manufacture steam-generating equipment, environmental equipment, and products for the U.S. government. They also provide engineering and construction services for the offshore oil and natural gas industries. B&W is headquartered in Barberton, Ohio, USA, and is located on the Internet at www.babcock.com.

About CO2 Solution

CO2 Solution is an environmental biotechnology company that offers products and services related to the management and reduction of CO2 in the context of climate change.

The TSX Venture Exchange has neither approved nor disapproved the

information contained herein and accepts no responsibility for it.

SOURCE: CO2 SOLUTION INC.

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