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ImageTree Expands Advisory Board: Experts in Forestry, Remote Sensing and Carbon Market Join To Play Active, Strategic Role

MORGANTOWN, W.Va., April 9, 2008 — ImageTree Corporation, the precision forestry company, has expanded its active Advisory Board to include two prominent industry academics and an expert in emerging markets for environmental commodities, including carbon.

Joining current advisers Richard Ludington (Southeast regional director and senior associate at The Conservation Fund), Andrew Malmquist (forest management analyst at Global Forest Partners) and Jay Watrous (operations leader for Temple-Inland) are, in alphabetical order:

Dr. Lee Allen
Dr. Allen is the C.A. Schenck distinguished professor of forestry at North Carolina State University and co-director of the Forest Nutrition Cooperative, a teaching, research and service partnership of North Carolina State, Virginia Tech, the Universidad de Concepción (Chile) and 38 commercial and public forestry interests across the southern United States and Latin America with 24 million acres of forest plantations under management. A recipient of the Alexander Quarles Holladay Medal for Excellence, the highest honor bestowed on a faculty member by North Carolina State University and its trustees, Dr. Allen is recognized for his contribution to the Southern forestland industry's increased competitiveness.

Ricardo Bayon
A co-founder and partner of merchant bank EKO Asset Management Partners, which invests in new and emerging markets for such environmental commodities as carbon, water and biodiversity, Bayon previously helped found and served as managing director of the Ecosystem Marketplace. Bayon, who was born in Bogotá, Colombia, has co-authored a number of publications on environmental markets, including “The State of Voluntary Carbon Markets 2007: Picking up Steam,” “Voluntary Carbon Markets: An International Business Guide to What They Are and How They Work,” and, most recently, “Conservation and Biodiversity Banking: A Guide to Setting Up and Running Biodiversity Credit Trading System,” which was just published by Earthscan in London.

Dr. Randolph Wynne
Dr. Wynne is associate professor of forest biometry and geomatics at Virginia Tech, associate director of the Conservation Management Institute, co-director of the Center for Environmental Applications of Remote Sensing, and the remote sensing team leader for the Forest Nutrition Cooperative. Chosen as a NASA New Investigator in 2001, Dr. Wynne is now investigating for the agency how to improve the integration of remote sensing into decision support systems used for forest carbon monitoring, among other projects. He also serves as a member of the NASA Carbon Cycle and Ecosystems Management Operations Working Group within the agency's Earth Science Research Program. Dr. Wynne is the guest editor for a forthcoming Canadian Journal of Remote Sensing special issue on forestry lidar and radar applications.

Dr. Wynne is scheduled to be the next speaker in the ImageTree “Idea Leadership Series,” which kicked off last January with a presentation by Dr. Allen (check ImageTree Web site for details later this month).

About ImageTree Corporation
ImageTree is “the precision forestry company” that provides accurate and consistent assessment of forest assets, significantly improving both forestland management practices and investor returns. Its patented process, which combines remote sensing, automated software, and advanced mathematics and analysis, enables superior site-specific economic, environmental and sustainable-forest decision making. ImageTree's ForestSense evaluation platform provides precise, timely and cost-effective forest inventory analysis and its process can reduce a typical five-year inventory-cycle time up to 80 percent, as well as enable a carbon-sequestration assessment, including qualification and monitoring. The company, whose customers include timber investment management organizations (TIMOs) and real-estate investment trusts (REITs), has academic relationships with the Forest Nutrition Cooperative; University of Georgia's Warnell School of Forestry and Natural Resources; Yale University's Global Institute for Sustainable Forestry; and the Davis College of Agriculture, Forestry and Consumer Sciences at West Virginia University.

ImageTree will be one of just four invitation-only presenters at the USDA Forest Service Remote Sensing Applications Conference on “Supporting Resource Management with Technology” (RS-2008), co-sponsored by the USDA Forest Service Remote Sensing Applications Center; the Intermountain Region, Bureau of Land Management; and NASA. The company will demonstrate its proprietary inventory technology on April 15, 2008, Radisson Hotel Salt Lake City Downtown, 215 West South Temple, Salt Lake City, Utah - in Parleys 1&2, beginning at 12:30 p.m.

For more information about ImageTree, go to www.imagetreecorp.com.

Note: ImageTree, ForestSense and The Precision Forestry Company are trademarks of ImageTree Corporation. The names of other actual companies, organizations and/or products/services mentioned herein may be the trademarks of their respective owners.