Verdant Technology Corporation Acquires SynChem Technologies L.L.C.

Verdant Technology Corporation (PINKSHEETS: VTHC), an energy technology company that develops innovative solutions for the global energy industry, is pleased to announce its acquisition of SynChem Technologies L.L.C., a developer of chemical formulations for the Oil and Gas industry.

Previously, Verdant held an exclusive global rights license to SynChem's proprietary formulations and expertise.

SynChem Technologies L.L.C. has developed a family of chemical solvents known as V003 that address problems associated with deposits of paraffinic and asphaltic compounds in the production, storage and refining segments of the petroleum industry.

The V003 technology is a breakthrough application that increases production on restricted or plugged wells and is far faster acting than current competitor solutions. The V003 solvents are non-corrosive showing no negative effects on plant operations and processes and are also completely biodegradable with a high flash point, making them safe for the environment and personnel.

V003 was originally developed as an alternative to traditional solutions designed specifically to address paraffin related problems. After extensive testing in oil and gas wells throughout Tennessee, Kansas, Texas, Oklahoma, and Louisiana, as well as fields in Trinidad, Peru and Venezuela, the solvent was found to work for both paraffinic and asphaltic buildup. The V003 solvent has been shown to create production increases of between 100 and 700%.

"Verdant Technology Corporation is extremely excited to have now completed acquisition of this ground-breaking technology for the oil and gas industry. While common industry practice calls for the shut down or abandonment of known oil and gas producing wells, V003 allows producers to remain operational from known reserves while increasing production levels and reducing operational costs. With V003, Verdant is also able to follow the industry's growing mandate of utilizing products and solutions that are environmentally benign," said David Curd, CEO of Verdant Technology Corporation. "V003's effectiveness allows Verdant to introduce to the oil and gas industry a product that has the ability to significantly increase current production, while providing positive environmental and safety benefits."

About Verdant Technology Corporation

Verdant Technology Corporation (PINKSHEETS: VTHC) acquires and develops cutting-edge, environmentally sound technologies for the energy sector. Through its proven development program, the company identifies mid-stage technologies, shepherds them through the commercialization process and monetizes them under the management of seasoned experts.

For more information about Verdant Technology Corporation's services and technologies please visit our website at www.Verdant-Tech.com or email info@Verdant-Tech.com.

Statements in this release are "forward-looking" statements regarding Verdant Technology Corporation which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. Investors are cautioned that such forward-looking statements involve risk and uncertainties, including without limitation, acceptance of the company's products, significant levels of competition for the company and dependence on the performance of the management of the company.