EL PASO, TEXAS -- Due to the continued effects of the economic downturn, Valcent Products Inc. announced layoffs at its El Paso research site. This will leave in place a maintenance staff to manage the algae R&D facilities.



The move is also part of a restructuring process put in place to conserve cash, reduce costs, and better align the business units to their target markets. This will include shifting the rollout of the VertiCrop(TM) commercial prototype from El Paso, as announced in the Company's news release dated December 4, 2008, to the U.K. division of Valcent Products Inc., Valcent Products E.U.



Valcent Products E.U. Ltd. is currently in the final stages of negotiating an agreement with the Paignton Zoological and Botanical Gardens in the U.K. for the rollout of Europe's first VertiCrop(TM) (high density vertical growing) implementation. The unit will be located at the zoo providing a variety of vegetables to address the specific dietary needs of many of the resident species. The VertiCrop(TM) facility will also serve as an added visitor attraction. Paignton attracts over half a million visitors annually.



Installation of the system is expected to be completed by May of 2009 and will be a feature of the 9th International Conference on Environmental Enrichment (ICEE9) - attended by zoo specialists from around the globe.



Advanced negotiations are also ongoing with interested parties in the United Arab Emirates (U.A.E) and Saudi Arabia. Valcent E.U. will also be exhibiting at International Plants Expo Middle East - IPM Dubai 2009 in March. The expo attracts 2,500 trade visitors from 50 countries with interests in plants, technology, and floriculture. Driven by the booming markets of the Gulf countries, IPM Dubai 2009 is an ideal marketing venue for VertiCrop(TM).



As the VertiCrop(TM) system is ideally suited for the cultivation of high value medicinal plants and biopharmaceuticals, Valcent E.U. is continuing its research and development in this area.



Meanwhile, the company's Tomorrow Garden(TM) offering, a mini plant growing biome, is continuing to gain market share through distribution with high profile partners including the Eden Project, National History Museum, and Kew Gardens in London, England.



Valcent Products Inc. develops highly innovative consumer and industrial products and processes for global markets. A pioneer and leader in ecotechnology with its core research and development in sustainable, renewable, and intense growth of agricultural products.



SOURCE: Valcent Products Inc. via Market Wire.