Solutions4CO2 Inc. Signs Project Development Agreement With Quinlan Brothers Ltd.

Solutions4CO2 Inc. ("S4CO2" or the "Company") (TSX VENTURE:SFC) is pleased to
announce that it has executed a Project Development Agreement ("PDA") with
Quinlan Brothers Ltd. ("Quinlan") to build a waste to co-products facility to
extract oil containing eicosapentaenoic acid (EPA), docosahexaenoic acid (DHA)
and astaxanthin from Quinlan's waste streams.


Quinlan is a Canadian processor and exporter of cold water shrimp, capelin, snow
crab, mackerel, squid and turbot at its plant located at Bay De Verde,
Newfoundland and Labrador. S4CO2 and Quinlan have entered into the PDA to build
a commercial waste to co-products system that will be integrated with the
existing Quinlan process. The system extracts oil from the shrimp by-product and
enriches the EPA, DHA and astaxanthin in the oil.


Most shrimp by-products are either disposed in landfills at a dollar cost to the
shrimp processors or discarded in the sea at an environmental cost. By utilizing
the shrimp by-products in a waste to co-products platform the waste stream can
be transformed from a cost to an additional revenue stream for the shrimp
processors.


Under the terms of the PDA, both S4CO2 and Quinlan will complete the economic
feasibility study prior to entering into a final agreement. In addition, the PDA
sets out the principal terms that the final agreement is currently expected to
incorporate. In summary those terms include the following:


S4CO2 will:



1.  Support the completion of an Economic Feasibility Study by March 31,
    2013. 
2.  Obtain Letters of Intent from off takers for the co-products by April
    30, 2013. 
3.  Source a toll processor for initial by-product processing beginning in
    the Spring of 2013 utilizing S4CO2's proprietary process. 
4.  Market and develop a brand strategy for the co-products globally
    beginning in Spring of 2013 on a fee for service basis at a rate to be
    determined. 



Quinlan will: 



1.  Support the completion of an Economic Feasibility Study by March 31,
    2013. 
2.  Provide a captive source of shrimp by-product in support of the Joint
    Venture beginning in the Spring of 2013. 
3.  Obtain any necessary permits (air, water and land) required for the
    completion of the commercial plant at their Bay De Verde site. 
4.  Operate and maintain the commercial plant beginning in the Spring of
    2014 on a fee for service basis at a rate to be determined. 



S4CO2 and Quinlan will jointly:



1.  Create a new corporate entity that will be owned 50/50 as a joint
    venture. 



Subject to the satisfactory completion of the economic feasibility study, S4CO2
and Quinlan intend to proceed to a final agreement by April 30, 2013. 


"We are pleased to be partnering with S4CO2 in this innovative venture that
offers an environmentally friendly revenue stream from our shrimp by-product,"
said Robin Quinlan, Vice President of Quinlan Brothers.


"We are delighted to be partnering with not only one of Canada's largest shrimp
processors, but also a leading innovator in the use of all the components of
their shrimp catch," said Randy Uens, Vice President Global Sales and Marketing
of S4CO2. 


Global Cold Water Shrimp Industry

Six species of cold water shrimp are caught in northern latitudes in the
Atlantic and Pacific oceans. According to the Food and Agriculture Organization
(FAO), cold water shrimp account for roughly 7% or 450,000 MT of the total
global shrimp production of 6 million MT. Canada and Greenland account for an
estimated 70% of global cold water shrimp landings followed by Norway and
Iceland. This results in an estimated cold water shrimp by-product volume of
well over 150,000 MT from Canada and Greenland.


In 2008, the northern shrimp fishery in eastern Canada received Sustainable
Fishing Certification from the Marine Stewardship Council (MSC), an organization
established in 1999 to improve the health of the world's oceans and create an
international market for sustainable sea products. MSC certification represents
a major accomplishment since harvesting northern shrimp is now recognized as
sustainable throughout the world. This is the first Canadian fishery to obtain
MSC certification. 


Global Demand for Omega-3

For some time now omega-3 polyunsaturated fatty acids (PUFAs) such as
eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA), have been regarded
as beneficial for preventing and treating a number of health conditions ranging
from cardiovascular disease to autoimmune diseases and mental health disorders
(Shahidi & Miraliakbari, 2004, 2005), and recently its benefits to inhibit the
development and growth of breast cancer tumours (MacLennan et al, 2013). Omega-3
PUFAs have anti-inflammatory, anti-thrombotic, anti-arrhythmic, hypolipidemic
and vasodilatory properties (Simopoulos, 2007). EPA and DHA from fish oil have
been shown in clinical studies to help support cognitive health, brain function
(Haag, 2003), cardiovascular health (Kris-Etherton, Harris, & Appel, 2003; Oh,
2005), to help reduce serum triglycerides (Sirtori et al., 1998) and, in
conjunction with conventional therapy, to help reduce the pain of rheumatoid
arthritis (Volker, Fitzgerald, Major, & Garg, 2000). 


The supply of omega-3 has traditionally come from fish oils and other marine
based sources such as krill, and from commercial microalgae production. The
global market for omega-3 in 2011 was estimated at $25 billion with a 2016
forecast of $34 billion according to the food industry market research company,
Packaged Facts.


Global Demand for Astaxanthin

Astaxanthin has recently been identified as a powerful antioxidant and is
quickly becoming a popular health supplement with the potential to prevent and
treat several health conditions including neurodegenerative diseases (Nakagawa
et al, 2011), diabetes (Naito et al, 2004), stress, inflammation and
cardiovascular disease (Fassett & Coombes, 2009). It can also be used to improve
the efficacy of muscle endurance, joint health, eye health and skin health
(Keisuke et al, 2002). 


The market for nutraceutical grade astaxanthin was estimated to be nearly $60
million in 2011 and is expected to grow to over $200 million by 2015 according
to data from Frost & Sullivan. 


About Solutions4CO2 Inc:

Solutions4CO2 is a Canadian company that develops innovative waste-gas, water,
biomass to high-value co-product solutions using proprietary and licensed
technologies under the trademarks Integrated Biogas Refinery(TM) ("IBR") and
Bio-Extraction Process(TM) ("BEP"). The IBR integrates best in class
technologies to convert various organic waste streams into high-value algae
co-products. The BEP utilizes supercritical CO2 fluid extraction to extract
high-value co-products from shrimp by-products. Solution4CO2's business model
allows the company to participate in joint-venture projects with partners across
the waste-to-high-value co-product value chain, or sell projects on a design,
build, operate and transfer basis.


About Quinlan Brothers Ltd: 

Quinlan Brothers Ltd. is a Canadian processor of cold water shrimp and snow crab
at its plant located at Bay de Verde, Newfoundland and Labrador. 


Forward-looking Statements

This news release may contain forward-looking statements that are based on
Solutions4CO2's expectations, estimates and projections regarding its business
and the economic environment in which it operates. These statements are not
guarantees of future performance and involve risks and uncertainties that are
difficult to control or predict. Therefore, actual outcomes and results may
differ materially from those expressed in these forward-looking statements and
readers should not place undue reliance on such statements. Statements speak
only as of the date on which they are made, and the Company undertakes no
obligation to update them publicly to reflect new information or the occurrence
of future events or circumstances, unless otherwise required to do so by law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Solutions4CO2 Inc.
Douglas Kemp-Welch
CEO
416-803-9435


Solutions4CO2 Inc.
Dil Vashi
Manager Corporate Development
416-803-9435 extension 104
www.s4co2.com
Blueocean Nutrasciences, Inc. (TSXV:SFC)
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