N@N

Octus Energy: Octus Energy Announces Advisory Group Composed of Leading Renewable Energy Efficiency and Financial Professionals

^{Published on 2009-04-02 07:45:20, Last Modified on 2009-11-03 09:00:32 - Market Wire}
 

DAVIS, CA--(Marketwire - April 2, 2009) - Octus Energy (OTCBB: [ OCTI ]) today announced the formation of its Advisory Group, composed of leading professionals in the renewable energy, energy efficiency, and financial industries.

"The members of the Octus Advisory Group are at the top of their professions," said Chris Soderquist, Octus CEO. "We look forward to collaborating with our advisors as we seek to become a leading renewable energy efficiency company."

Initial Octus Advisory Group members include:

Richard Bourne, Associate Director and Founder, Western Cooling Efficiency Center, an international leader in the development of energy-efficient cooling technologies, and founding president of Davis Energy Group.

Harry Laswell, Managing Director and Co-founder, American River Ventures, a venture capital firm that invests in energy efficiency, energy intelligence and advanced materials companies, and a former Managing Director at Intel Capital.

Curtis M. Rocca III, Managing Partner, DCA Partners, an investment banking and private equity firm, and former President, CEO and Chairman of Bio-Dental Technologies Corp. (NASDAQ).

Michael Siminovitch, Ph.D., Director, California Lighting Technology Center, a world-renown leader in the commercialization of innovative, energy-efficient lighting solutions.

Gary Simon, President and CEO, Acumentrics Corporation, a leading developer of solid oxide fuel cell systems and rugged power electronics, and former Senior VP of Corporate Strategy and Business Development at Northeast Utilities.

David Springer, President and a Founding Principal, Davis Energy Group, one of the nation's leading innovators in building and system energy efficiency.

Margaret Wong, President and CEO, McWong Environmental and Energy Group, a developer of environmental and energy related systems for wastewater treatment, and founder and CEO of McWong International, Inc./Pacific Lighting & Electrical.

Members of the Octus Advisory Group have no fiduciary duties, responsibilities or obligations to Octus. Octus hopes to expand the Advisory Group with additional professionals who can help propel the company's growth strategy.

About Octus

Octus Energy (OTCBB: [ OCTI ]) seeks to become a leading renewable energy efficiency company serving the commercial and public sector markets. The company intends to monetize its Repower. Renew. Results.™ strategy through Renewable Energy-Efficiency Projects (capitalize, own, and manage energy projects) and Energy-Efficiency Products (license, acquire, and commercialize HVAC and lighting efficiency solutions). Octus believes the nexus of, and market demand for, energy conservation and energy creation presents a compelling and timely business opportunity.