Biomass Secure Power Inc. Signs MOU to Develop a Power Plant and Pellet Mill

VANCOUVER, BC--(Marketwire - April 21, 2009) - Biomass Secure Power Inc. (PINKSHEETS: BMSPF) announced that it has signed a Memorandum of Understanding with Lower Nicola Indian Band (DBA: Naik Development Corp). This MOU proposes a joint venture to build a 15 megawatt co-generation power plant and pellet mill. Biomass Secure Power will supply the technical know-how for the development and building of the plant; Naik Development will provide the land on which the plant will be built and access to fibre for fuel and pellets.

"These are exciting times," states company president Jim Carroll. "We are also working on two other proposals in British Columbia and our wholly owned subsidiary company, Biomass Secure Power Inc. USA, is developing opportunities to build co-generation power plants in California.

"The International Energy Agency projects that by 2030 renewable energy will be the second largest source of electricity. With President Obama pledging to spend $150 billion over 10 years to promote wind, solar, biomass and other renewable energy sources, we will meet our target of building ten power plants by the end of 2015."

The company will be attending the International Biomass Conference and Expo April 28-30 at the Oregon Convention Center.

Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.