JER Envirotech: Record Financial Results for Q1 2009

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JER Envirotech International Corp. is pleased to announce its unaudited financial results for the first quarter ended November 30, 2008.

Highlights for the quarter were as follows:

* Achieved record revenues of $919,381, up 132% over the same quarter in fiscal 2008 at $396,856. Q1 revenues are almost at par with Q4 2008 at $1,126,515. The increase in sales is primarily attributed to the growing use of the Company's biocomposite pellets.

* Received the 2009 Frost & Sullivan North American Technology Innovation of the Year Award in the field of Biocomposites, in recognition of its outstanding development of low cost 'green' biocomposites. The award is bestowed upon a company that has carried out new research, which has resulted in innovation(s) that have or are expected to bring significant contributions to the industry in terms of adoption, change, and competitive posture;

* Net loss for the quarter from continued operations was $1,278,222 as compared to a net loss of $1,465,222, representing a 13% improvement over the same period last year.

"We are very pleased with our performance during Q1 2009 despite a very challenging economic landscape, as it reflects the strong growth we experienced in fiscal 2008," states Ed Trueman, JER's President and CEO. "As a biocomposite manufacturer offering wood and other natural fiber alternatives, we are in an enviable position of supplying products to any number of industries, including the manufacturing, decking and toy industries. JER is focused on realization of its potential within the global marketplace.

"Equally importantly, we enable our customers to manufacture high quality products, while making socially and fiscally responsible decisions. Combined with the ever-expanding reach of our sales and marketing team as well as an increase in product partnerships such as that with Sprig Toys earlier this year, these factors are contributing to sustainable revenue growth, as evidenced by strong results for Q1. During Q1 2009, JER's compound business unit met management's performance expectations."

Quarter over quarter revenue performance for fiscal 2009, 2008, 2007 and 2006 was as follows:

           Q1          Q2           Q3            Q4         Total
2006    $78,102     $151,158     $162,435      $36,227     $427,922
2007    $85,272      $52,825     $166,827     $581,964     $886,888
2008   $396,856     $423,859     $653,980   $1,130,525   $2,605,220
2009   $919,381         -            -           -         $919,381

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Announcement of CTO Retirement

"Mr. Peter Kelly has elected to retire as Chief Technology Officer for JER. Mr. Kelly has served with outstanding distinction over the last two years. We are also pleased that he has agreed to serve as a special consultant to the business on an on demand basis," states Edward Trueman. "We are very grateful for Peter's contribution in advancing the Company's leadership and technology position in the biocomposite marketplace."

About JER Envirotech International Corporation

JER is a global supplier of thermoplastic biocomposite compounds and sheeting. The Company's patented technology utilizes waste or by-product materials, such as wood fiber or rice hulls, to produce environmentally-friendly alternative products for applications in the construction, transport, automotive and toy industries. The Company currently has a range of biocomposite formulations which it developed in collaboration with the National Research Council - Industrial Materials Institute of Canada.

JER is publicly-traded on the TSX Venture Exchange (TSX) under the symbol "JER" and on the Frankfurt Stock Exchange under the symbol "KFTB." For more information, visit

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. This news release contains certain forward-looking statements that reflect the current views and/or expectations of JER Envirotech International Corp. with respect to its performance, business and future events. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, those relating to changes in the market, potential downturns in economic conditions, foreign exchange fluctuations, demand for thermoplastic biocomposites, competition and our ability to implement our business plans and strategies in a timely manner or at all. These risks, as well as others, could cause actual results and events to vary significantly. JER Envirotech International Corp. does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements.

Distributed by Filing Services Canada and retransmitted by Marketwire

     JER Envirotech International Corporation
     Mr. Ji Yoon
     Chief Financial Officer
     International: +1 (604) 940-9262

Source: JER Envirotech International Corp.
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