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Belzberg Technologies Enters into Letter of Intent to Partner With AgriFuels I.A. Englander & Co, and The Freedom Group to Launch US Carbon Credit Exchange

Geschrieben am 16.01.2008 - [Nächster Artikel]

New York (ots/PRNewswire) -

- Carbon Credit Trading Comes of Age in the United States With
Increased Fuel Standard

Belzberg Technologies Inc. (TSX:BLZ).

Answering the Nation's call for dramatic increases in renewable
fuel use over the next 10 years, Renewable Trading Services, LLC
announced today the development of an Internet based exchange
platform for the purpose of trading RIN credits in the United States.
The RINMARK(TM) exchange addresses each of the trading requirements
established in EPA's final rule for the Renewable Fuel Standard
(RFS), first implemented on September 1, 2007 and since expanded with
the passage of the 2007 Energy Bill.

Renewable Trading Services, LLC is being formed by Belzberg
Technologies (USA) Inc., AgriFuels, LLC, I.A. Englander & Co. Inc.
and The Freedom Group Inc. Under the terms of the Letter of Intent,
Belzberg Technologies will hold 24% of the entity.

Trading will begin January 30, 2008, following a web based
conference (RIN Trading Webinar) on January 16, 2008. The next phase
of electronic trading will commence by the end of the first quarter
of this year. The RIN Trading Webinar will be hosted by the
RINSTAR(TM) Renewable Fuel Registry and will serve to introduce
participants from all over the industry to the new exchange and the
economic factors which will drive the market. Registration for the
webinar is offered on a first-come first-served basis at
www.rinmark.com. "This state-of-the-art RIN Exchange platform has
been designed by Belzberg Technologies Inc., with both business and
the financial institutions in mind," said Sid Belzberg, CEO of
Belzberg Technologies and Chairman of RIN Market Exchange.

The Renewable Fuels, Consumer Protection, and Energy Efficiency
Act of 2007, has been the legislative vehicle of choice for reducing
the carbon footprint of motor fuels on the environment in the United
States. With a new CAFÉ standard of 35 mpg and a Renewable Fuel
Standard (RFS) that increases previously mandated levels by over
300%, the new laws effectively serve to drive industry towards more
environmentally responsible alternatives. At the heart of the RFS is
a credit trading program based upon the Renewable Identification
Number (RIN).

RINs are serial numbers assigned to ethanol and other bio-fuels
when originally manufactured or otherwise introduced into the U.S.
marketplace by producers or importers.

About Belzberg Technologies

Belzberg Technologies Inc. is a provider of technology-based
brokerage services, trading equities and options through Electronic
Brokerage Systems, Belzberg Technologies' wholly owned agency-only
broker-dealer. Electronic Brokerage Systems is a member of most North
American stock exchanges, options exchanges and clearing
organizations, including the NYSE, NASDAQ, CBOE, NSCC and OCC. Using
Belzberg's suite of integrated trading tools and network
connectivity, Belzberg's customers have direct access to all North
American equities and options markets. The firm's client-base
includes over 200 leading U.S and international brokerage houses and
financial institutions. Belzberg Technologies is listed on the
Toronto Stock Exchange (Ticker-BLZ) - additional information is
available at www.belzberg.com.

Forward looking statement disclaimer

Except for historical information contained herein, the matters
discussed in this press release are based on forward-looking
statements that involve risk and uncertainty. A variety of important
factors could cause results to differ materially from such
statements, including but not limited to economic, competitive,
governmental and technological factors affecting the company's
operation, markets, products, prices and other factors.

ots Originaltext: Belzberg Technologies Inc.
Im Internet recherchierbar: http://www.presseportal.de

$story.getcontactHeadline()
For further information: Sid Belzberg, Chief Executive Officer,
Phone: +1-416-360-1812, +1-212-943-1400, E-mail:
investorinfo@belzberg.com, info@rinmark.com/ (BLZ.)
 
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