CleanTech North Now Open For Business

Toronto, Ontario – April 23, 2010 – New consortium of experts will provide advice to aid Canadian clean technology companies in gaining a competitive advantage in the global cleantech field. CleanTech North (CTN) is now accepting applications from Canadian cleantech companies looking to grow and expand their market reach.

The Cleantech sector is poised for exponential international growth over the next decade and Canadian clean technology companies are recognized as having some of the most advanced science and technology. ―The challenge for Canadian clean technology companies is that many have not yet demonstrated the ability for their technologies to reach their full commercial potential,‖ Henry Vehovec, the Executive Director of CTN said. ―One of the primary goals of CleanTech North is to link innovative Canadian companies with a range of experienced industry partners in order to accelerate their revenue growth and guide them down the path to effective commercialization.‖

CTN is a consortium of tier one corporate services providers representing a range of industry sectors (e.g., technology, finance, engineering, financial services, law, tax and accounting, business development, wealth management, etc.). CTN leverages the expertise of its members for the benefit of individual Canadian companies in order to define and expand their unique positions within the global cleantech marketplace.

CleanTech North provides successful program participants with access to investment capital and leveraged distribution channels, and with guidance and assistance to overcome legislative, regulatory, and market challenges.

―Canadians have a demonstrated history of developing cutting edge technologies, but all too often, we fail to commercialize these innovations on the global stage,‖ said Albert Behr, President of CTN. ―We’ve brought together some of the brightest minds in the Canadian business world to help early-stage cleantech companies reach their full potential. We want to make sure Canadian companies have access to what they need to succeed – whether that is business mentorship, legal advice, or help to raise capital.‖

CleanTech North is officially open for business and is interested in working with Canadian companies with new and/or emerging technologies. Companies interested in becoming involved with CleanTech North should visit the CTN website at http://www.cleantechnorth.org/intake/ (http://www NULL.cleantechnorth NULL.org/intake/). The first step in the process is to provide a brief overview of your company and technology. CTN will review this information as part of its initial screening and needs assessment process.

―Although we are officially launching our call for Canadian clean technology companies, we have been working with several companies over the last six months,‖ said David Berg, one of the

principal founders of CTN. ―By working with CTN, we have been able to elevate their positioning and prepare them to expand their market presence in the US and move one step closer to realizing their full commercialized potential. We are excited to be able to announce the beginning of our formal intake process.‖

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About CleanTech North

The CleanTech North consortium provides innovative Canadian businesses with the support they need to achieve success in the global clean technology marketplace. CTN facilitates access to tier one service providers who can provide companies with expertise across a range of market areas, including technology, engineering, accountancy, corporate and intellectual property law, procurement, lean manufacturing, taxation, international trade, business development, finance, and operations.

CleanTech North focuses on the accelerated commercialization of Smart Grid Infrastructure, Water Treatment and Waste Management solutions. For more information, please visit, www.cleantechnorth.org (http://www NULL.cleantechnorth NULL.org)

The following companies are members of CleanTech North: Behr and Associates, Cooley Godward Kronish LLP, GCI Group, Gowling Lafleur Henderson LLP, GrowthWorks, HUB International, MaRS, Maquarie Private Wealth, National Angel Capital Organization, PricewaterhouseCoopers LLP, and the Royal Bank of Canada.

For more information contact:

Elynn Wareham
GCI Canada on behalf of CleanTech North
416-486-5910
elynn.wareham@gcicanada.com (elynn NULL.wareham null@null gcicanada NULL.com)

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