Geoexchange Technology Provider - Essential Innovations Technology Corp. (ESIV) - Announces the Appointment of Mr. Stephen Clevett to the ESIV Board of Directors -



BELLINGHAM, Wash., May 5 /PRNewswire-FirstCall/—Essential
Innovations Technology Corp. (OTC Bulletin Board: ESIV; FRANKFURT: E6S) is
pleased to announce that Mr. Stephen Clevett, President & CEO of Optimira
Energy Canada, Ltd. ("Optimira"), has officially joined the ESIV Board of
Directors.

“With the inclusion of Mr. Stephen Clevett to the ESIV Board of
Directors, we continue to make great strides towards our goal of attracting
to the Company external skills and guidance from individuals with powerful
credentials and proven industry prowess in their particular or chosen
fields of expertise. Mr. Clevett has extensive background in the financing,
structuring and operation requisites that apply to traditional conventional
ESCO projects. He now brings this skill set to ESIV and gives our Company
the benefit of an inherent advantage when we enter into negotiations and
ultimately look to facilitate Geoexchange ESCO projects. Mr. Clevett’s
direct ESCO experience combined with his business and finance background,
makes him a wonderful complement to the last Board addition we had made in
latter 2006, of Mr. Salvador Diaz-Verson, the former President/CIO of AFLAC
and founder of Miramar Securities a registered broker/dealer in Atlanta,
Georgia. Mr. Diaz-Verson had initially brought to the ESIV Board of
Directors a history of truly top-level world-class finance and capital
market knowledge, and with the formal addition of Mr. Clevett now complete
we are nearing our final objective of having a totally independent,
superlative Board membership that can help our management team to enhance
and bring further credibility to our current and future business. Mr.
Clevett joining our team is representative of our successful pursuit of
specific endeavors that will help to enhance our Board and ultimately that
will help us to flourish and to achieve our long-term growth plan for the
Company,” commented Jason McDiarmid, President/CEO of ESIV.

Said Stephen Clevett with regards to his addition, “Jason McDiarmid and
his team have done an incredible job in positioning ESIV for growth. I have
been particularly impressed with the company’s unique “one-stop shop”
approach, as an ideal methodology for geoexchange technology application
that will help to ensure successful, trouble free performance for ESCO
project opportunities that exist for ESIV as this ‘line of attack’ clearly
reduces technological uncertainty and concerns over geoexchange system
design and performance. Geoexchange technology is proven through 20 plus
years of successful implementation and is well documented as exhibiting the
lowest greenhouse gas emissions of all “green” technologies available
today. I am especially looking forward to working with and learning from
the great board members who have guided this leading-edge company’s
inspiring resurgence and to being involved with assisting management in
furthering the company’s development of what the Environmental Protection
Agency and the U.S. Department of Energy recognize as the most
energy-efficient, environmentally clean, and cost effective technology for
space conditioning available today.”

Mr. Stephen Clevett is an entrepreneurial leader with diverse
financial, managerial and operational expertise. During his career as a
high-level executive with a multitude of energy based companies and
financial institutions he has led multi-disciplinary teams on complex
infrastructure development, construction, start-up, operations, and asset
and risk management in firms ranging from $5MM - $420MM in annual revenues,
while having been involved in the direct management of nearly $2 billion of
structured asset-backed financings during the course of his career. He has
an MBA from the Rutgers Graduate School of Management and he additionally
possesses a Bachelor of Engineering from Stevens Institute of Technology.

Essential Innovations Technology Corp. provides cutting-edge
Geoexchange solutions for residential, commercial and industrial
applications as both a manufacturer of proprietary geothermal heat pump
technology and as a Geoexchange energy service company. The Company was
incorporated in April 2001, and it has four wholly owned subsidiaries
located in British Columbia, Canada and in Hong Kong, SAR, China.