TORONTO, ONTARIO–(Marketwire – March 5, 2009) –
NOT FOR DISTRIBUTION IN THE UNITED STATES
In the interim, the company has voluntarily requested that the Ontario Securities Commission and other Canadian securities regulatory authorities issue a temporary management cease trade order related to the company’s securities against certain officers of the company for so long as the annual financial statements, certifications and related MD&A are not filed. The issuance of such management cease trade order would generally not affect the ability of persons who have not been officers of the company to trade in their securities. However, the Ontario Securities Commission, in its discretion, may determine that it would be appropriate to issue a general issuer cease trade order affecting all of the company’s securities.
Until such documents are filed, the company intends to provide information in accordance with National Policy 12-203: Cease Trade Orders for Continuous Disclosure Defaults, including the issuance of bi-weekly default status reports.
About Radiant Energy Corporation
Radiant is the developer and marketer of Radiant Deicing Systems. The Company’s product is the only non-glycol based alternative approved by the US Federal Aviation Administration for the pre-flight ground deicing of aircraft. Aircraft deicing with Radiant’s technology offers savings to airports and airlines over the use of conventional glycol-based deicing systems by reducing treatment costs and by significantly reducing the negative impact of glycol on the environment.