Cogent Industrial Technologies Ltd.

Achieve Operational Excellence

Cogent to design and engineer the first OSB plant in Russia

Richmond, British Columbia - May 05, 2008

Cogent Industrial Technologies is proud to announce that is has been awarded a major contract to design and engineer a new Oriented Strand Board (OSB) facility in the Kirov region of Russia. This project strengthens Cogent's expanding portfolio of global projects and will showcase Cogent's expertise in industrial automation, plant IT, electrical design and simulation testing. With projects already in North America, South America and several parts of Europe, the new contract will be an important step in Cogent's continued efforts to accelerate its global presence.

"The Oris OSB facility is a great opportunity for Cogent to solidify its position as a world-wide solutions provider to the forestry industry." Bijan Shams, President of Cogent stated. "For this project, we will draw on our in-depth technical understanding and hands on experience in the OSB industry to deliver an engineered solution according to European standards. Our strength is our ability to apply our expertise and quality of work to any situation and every environment."

The Oris OSB facility will be the first OSB plant in Russia and will boast a value added finishing line that will increase flexible production processes for greater customization. Initial engineering has already begun and the project is estimated to take 18 months to complete.

Frank G. Baylow, Managing Director for the Oris Group states: "We chose Cogent Industrial Technologies not only for their electrical and control expertise, but also because of their deep understanding of the OSB process.   We are confident that this, along with their innovative drive, will lend itself to the successful completion of the project. Cogent will undeniably play a vital role in ensuring that we gain a competitive first-movers advantage in Russia."