SOLARVEST BIOENERGY INC. (TSX VENTURE:SVS) ("Solarvest") announces that its
operating division, Solarvest (P.E.I.) Inc., has signed a Memorandum of
Understanding for the supply of its organic Omega-3 products to the Canadian
human nutraceutical market. The MOU provides for a two year exclusive supply
agreement, which may be extended an additional year if certain supply volume
conditions are met.


Solarvest and this development/distribution partner will begin immediately to
work together to develop premium organic nutraceuticals for the Canadian market.
This collaboration will focus each partner's strengths; Solarvest's unique
organic process to derive organic Omega-3 products from algae, coupled to a
substantial distribution network and a recognized brand.


Solarvest's partner has become the leader in this market segment and has made a
commitment to seek out products that are produced in a sustainable and
environmentally positive manner. Solarvest's 100% organic/chemical free products
and production seamlessly align with these objectives and the rapidly growing
natural products market.


About The Omega-3 Market:

The Omega 3 nutraceutical and food enhancement market has grown substantially
since early in the 2000's. The total market, in all forms, including human and
animal health is reported to be 13 billion dollars globally and forecasted to be
approximately 7 billion in the United States by 2015. The health benefits of
marine based Omega 3 fatty acids including coronary heart disease prevention has
been generally recognized and has led to these substantial consumption levels.
Vegetarian, vegan and organic diets tend to be low in Omega 3s. Solarvest
intends to meet this market need with a premium organic Omega 3 product line
which, for the first time, will provide the opportunity for food processors to
enhance and consumers to supplement, their respective products and diets.


About Solarvest BioEnergy:

Solarvest BioEnergy Inc. is an algae technology company whose algal-based
production platform provides it with an extremely flexible system capable of
being adapted to produce clean energy in the form of hydrogen and health
products such as Omega oils in an economic and environmentally sensitive manner.


The TSX Venture Exchange has neither approved nor disapproved the contents of
this news release.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


The statements made in this news release may contain forward-looking statements
that may involve a number of risks and uncertainties. Actual events or results
could differ materially from Solarvest's expectations and projections.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Solarvest BioEnergy Inc.
Gerri Greenham
Chief Executive Officer
416-420-0947
ggreenham@solarvest.ca
www.solarvest.ca
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