Calgary, Alberta, Canada – February 5, 2009 – Genoil Inc. (TSX.V: GNO) (OTCBB: GNOLF.OB) will be hosting a conference call today to discuss its memorandum of understanding with Qinhuangdao Port and a joint venture agreement with Clarendon Group International that was announced on February 3, 2009 and to answer questions at 4:15 pm ET. To participate in the conference call, please dial 866-477-2375 (domestic) or 850-430-4175 (international) and use the pin confirmation of 5026 five to 10 minutes before the call is scheduled to begin. A replay will be available from February 5, 2009 until February 12, 2009. The number to hear the teleconference replay is 866-415-9493 (domestic) or 585-419-6446 (international). The replay pin is 5026.
The conference call will also be broadcast live over the Internet. To listen to the call via the Internet, access Genoil’s website athttp://www.genoil.net/investor_relations.php
and follow the instructions at the web cast link. The archived web cast will be available shortly after the call on the Company’s website.
Genoil is an international engineering technology development company based in Alberta, Canada that develops innovative hydrocarbon, oil and water separation, and marine technologies.
For further information please contact:
Chairman and CEO
The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.