EnviroTower completes private placement of preferred shares with XPV Cleantech Fund

On November 19, 2008, EnviroTower Inc. completed a private placement of Series C-1 preferred shares to a syndicate of investors including XPV Cleantech Fund Limited Partnership, Export Development Canada and NGEN Partners Investments Limited. XPV Cleantech Fund was advised in this transaction by Gary Fogler and Lisa Marcuzzi of Fasken Martineau.