Channel Partner Program Announcement

PRESS RELEASE

Toronto, Canada October 5, 2005 – Mondial Energy is pleased to announce today that it has introduced a Channel Partner Program to accelerate the proposal and signing of new Mondial Energy installations throughout North America and the World. Channel Partners will be authorized based on geographic and industry vertical territories.

The Channel Partner will be selected based upon a number of factors including:

• An existing base of customers, which currently purchase conventional energy sources such as home heating oil or natural gas.
• Existing customer relationships with local territory high-energy users such as resorts, hotels and multi-unit residential.
• Unique skills sets with alternate renewable energy technology in the entity’s local geographic region or industry.
• Ability to invest the necessary start-up capital and effort required to develop the renewable energy market in the specified geographic region.
• Local government support of the Channel Partner applicant.

Channel Partners will be approved on a non-exclusive territory basis. Prior to January 1, 2006 there will be no Channel Partner Authorization Fees to encourage the rapid rollout of new Channel Partners. Mondial Energy will retain ownership of, and maintenance responsibility for, the renewable energy equipment. New customers will sign standard Mondial Energy agreements. Channel Partners will receive set fees per kWh of energy that they contract within their assigned territory. Mondial Energy rates and Channel Partner fees will reflect the local competitive energy conditions. Mondial Energy will provide initial sales training, technical design, and engineering support to help Channel Partners successfully develop the renewable energy sales potential in their regions. Local installation support services will be utilized and trained as available and required.

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