March 20, 2006

CO2 Solution appoints new CEO

QUEBEC CITY, QUE-Jacques Raymond has been appointed the new president and CEO of CO2 Solution, effective March 20, 2006. A former senior executive at Camco, a subsidiary of GE Canada, Raymond has a Masters degree in Commercial Sciences and has previous senior-level experience in the biotechnology industry. He succeeds Ghislain Th├ęberge, who will remain with the company as a consultant to the new president. Also as part of the executive restructuring, Jo Lanoe, who held the position of vice-president, business development, will advise Raymond on certain issues related to the greenhouse gas reduction market.

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