The acquisition of a majority stake in Buena Vista Biomass Development, LLC by Otoka Energy Corporation, was announced recently, as well as the creation of a strategic alliance for the refurbishment of the renewable energy woody biomass project – Buena Vista Biomass Power LLC, located in Ione, California. About 18 megawatts of base-load electric generating capacity, will be provided to the region and the State will also be assisted in reducing emissions from uncontrolled forestry and agriculture fires, as well as furthering the goal to increase renewable energy resources.

Rob Broin, Chairman and Chief Technology Officer for Otoka said, "Otoka is proud to join with Buena Vista Biomass Development in this exciting renewable project. Otoka and Buena Vista Biomass Development share the same vision as the State of California to develop local solutions for a global problem by developing responsible, clean, sustainable energy for the communities in which we operate, and this project represents an important step in Otoka's plan to become a leader in biomass to energy projects in North America, and complements our ongoing efforts elsewhere."

Buena Vista Biomass Development will be receiving additional expertise and financial resources from Otoka, allowing the company to further enhance the project's operation and restoration. The project is scheduled to start operations in the middle of 2010.

Mark Thompson, Managing Partner for Buena Vista Biomass Development said, "Buena Vista Biomass Development is pleased to announce its strategic relationship with Otoka Energy Corporation. The ongoing commitment of our combined teams to the community and this project will be evident through our communication outreach and our collaborative efforts related to operational processes and economic development, including the addition of family wage jobs in high unemployment rural counties. The journey over the last two and a half years has developed a strong foundation, but we must remain focused on community stewardship and market dynamics in order to successfully complete the restoration process. We firmly believe that this renewable energy biomass project will truly be a benefit to the community, the county and the state," said Mark Thompson, Managing Partner for Buena Vista Biomass Development.