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O2Diesel Corporation (AMEX: OTD)(March 13, 2008) announced yesterday that its wholly owned subsidiary, O2Diesel Europe, Plc, has signed a Technology License and Services Agreement with KL Process Design Group (KL) to develop the next generation of ethanol production known as Cellulosed-Based Ethanol (CBE). The agreement secures O2Diesel's rights to expand KL's cellulosic to ethanol fuel production technology in Europe, India, Russia and other rapidly developing global markets.

KL announced the start up of its cellulosic ethanol plant in August 2007. It is the first commercial small scale wood waste facility in the USA, which is a dramatic advancement that positions them at the forefront of the commercialization of second generation renewable fuels. The plant, located in Wyoming, was engineered and constructed by KL Process Design Group, who continues to operate it as well. This significant milestone was achieved as the result of six years of development efforts between KL and the South Dakota School of Mines and Technology and the commitment of KL's management.

Alan Rae, CEO of O2Diesel Corporation, said, "As part of our strategy to access competitively priced ethanol in all O2Diesel markets, we have been investigating and evaluating multiple opportunities to acquire leading edge ethanol production facilities or projects. In the last 12 months we have seen well publicized government initiatives to dramatically increase the percentage of biofuels from second generation processes. In Europe, the focus is on new CO2 reduction directives and regulations, which we believe will lead to far tighter scrutiny of all biofuel origins and production methods. These actions will, in our opinion, provide a significant advantage for O2Diesel when blended with ethanol produced from second generation technologies. This is especially true as these renewable fuel directives take effect, since the additional demand created cannot be met by the current technologies which use increasingly more expensive agriculturally based products. We believe KL has developed a commercially ready and environmentally friendly process and has a business model that can be easily replicated, which will provide the opportunity for rapid, wide-scale distribution of affordable fuel grade ethanol on a carbon positive basis. Additionally, the KL process provides the potential for multiple natural waste feedstocks, which supports global efforts to move renewable fuel production away from traditional agricultural feedstocks. Access to competitively priced ethanol from second generation production will further enhance the environmental benefits of O2Diesel as we expand our European and other markets." Mr. Rae continued, "It is our intention to develop multiple strategically placed cellulosic ethanol production plants through joint ventures and we have already had early stage discussions in several key markets. Initially, we will seek partners in markets that face the most immediate regulatory requirements, such as the countries of the European Union. In these markets, O2Diesel blended with cellulosic ethanol will provide a significant advantage to regulators and diesel fuel users looking to meet the requirements." "We are very happy to be working with O2Diesel and their partners to take our technology and process into other advanced markets," said Randy Kramer, President and CEO of KL Process Design Group. "We hope our initial plant in Upton, Wyoming will be the first of many and we see our agreement with O2Diesel as an important global extension of our commercialization program here in the US. We have worked with O2Diesel for over 18 months supporting their clean school bus program and having seen the benefits in the US, are hoping to see much more ethanol coming from the KL CBE process in O2Diesel's clean burning fuel on a global basis." KL has developed proprietary technologies and newly developed enzymes to extract fuel grade ethanol from cellulosic materials such as wood waste and other non-food feedstocks and waste materials. Its experience with enzymes and ethanol production provide the platform to incorporate these proven technologies that have been utilized for years in other industries with this new process. Through these processes, KL is able to release fermentable sugars hidden within the wood without the use of environmentally unfriendly acids. KL projects that its cellulosic technology, coupled with new applied design concepts, will allow the plants to be built to match the amount and type of feed stock available near large cities, further lessening the fuel's carbon foot print and eliminating ethanol transportation issues. KL's advanced biofuels plants will also produce excess steam heat and/or electricity that can provide additional power sources for local municipalities or complement biofuel plants and manufacturing facilities.

Additional information regarding the terms of the license can be located in O2Diesel's Form 8-K filed today with the Securities and Exchange Commission.

More About KL Process Design Group KL Process Design Group, LLC is a privately held company located in Rapid City, SD which specializes in bio-fuels project development, engineering, construction, and plant management with an emphasis on ethanol made from cellulose and grain feedstock. For more information visit www.klprocess.com

More About O2Diesel: The Company and Its Fuel Technology

O2Diesel Corporation (AMEX: OTD) and its US subsidiary O2Diesel, Inc., is a pioneer in the commercial development of a cleaner-burning diesel fuel alternative that provides exceptional performance and environmental qualities for centrally fueled fleets and off-road equipment of all kinds. Engineered and designed for universal application, O2Diesel is an ethanol-diesel blend that substantially reduces harmful emissions without sacrificing power and performance. Extensive independent and government-recognized laboratory and in-use field tests have demonstrated the effectiveness of O2Diesel -- the introduction of this cost-effective, cleaner-burning diesel fuel is now underway in the United States and other global markets. For more information please refer to www.o2diesel.com.

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Naturade, Inc. (OTCBB: NRDCQ)(March 13, 2008) announced yesterday that its Board of Directors has approved a 1 for 6 reverse stock split in the Company common stock. Naturade's controlling shareholder, Redux Holdings, Inc. (PINKSHEETS: RDXH), who currently owns 92.1% of Naturade outstanding shares, approved the transaction.

The effective date for purposes of determining the shares to be included in the reverse split will be close of business Friday, March 14, 2008. The reverse split is being completed as a mandatory exchange, payable upon surrender. All fractional shareholder interests will be rounded up into whole shares upon exchange. The Company will advise the public as to any changes in trading symbol upon learning that information from NASDAQ.

Mr. Adam Michelin, Naturade's CEO, commented, "Since taking control of Naturade in August 2006, we have implemented a number of strategic decisions that were designed to fix a broken company. We have taken Naturade through the bankruptcy process and in November brought them out as a stronger company that is well prepared to meet future opportunities. Putting the share structure into better balance with the Company's current balance sheet accomplishes several of our remaining restructuring goals and I am hopeful that we will be complete with our restructuring in the very near future."

About Naturade, Inc.

Founded in 1926, Naturade (www.naturade.com) is a leading marketer of scientifically supported natural products formulated to improve the health and well being of consumers. Naturade's products can be found in health food stores and natural foods supermarkets, as well as supermarkets, mass merchandisers, club stores and drug stores.

About Redux Holdings, Inc.

Redux Holdings (www.reduxholdings.com) acquires the assets of companies and isolates, recombines and manages those assets to increase their value and develop profitable strategic options. The Company is distinguished by the extensive experience of its personnel in identifying, analyzing and stabilizing these business opportunities and effecting efficient turnaround and asset monetization.

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API Nanotronics, Corp. (OTCBB: APIO) ("API") (the "Company")(March 13, 2008), a leading supplier of electronic components and nanotechnology research and development to the defense and communications sectors, announced record orders of more than $9.0 million for the third quarter ended February 29, 2008. These orders include a record monthly total of $3.9 million in February 2008.

New orders in the quarter were strong across the company's divisions, highlighted by over $3.0 million from National Hybrid and $1.2 million from TM Systems. In partnership with Israel's Sital Technologies, National Hybrid introduced its new Aries line of 1553 communication products which are pick-and-place compatible with competitors' devices and for which demand is very strong. Orders in February 2008 at National Hybrid were $1.6 million, more than the previous two months combined. Also in the quarter, TM Systems was awarded a contract to supply two new landing navigation systems to a large US defense contractor.

Phillip DeZwirek, Chairman and Chief Executive Officer of API Nanotronics Inc., said, "API is now a key supplier to the world's largest defense and communication companies, as well as a true innovator in the sector. Our emphasis on technology driving new product introductions is delivering significant growth for our company."

About API Nanotronics Corp. (OTCBB: APIO)

API Nanotronics Corp., through its wholly owned subsidiaries API Electronics Inc., National Hybrid Inc., Filtran Group, TM Systems, Keytronics and API Nanofabrication Corporation, is engaged in the manufacture of electronic components and systems for the defense and communications industries. API is also developing a leadership position in the R&D and manufacture of nanotechnology and MEMS products. With a growing list of blue chip customers, including Honeywell/Allied Signal, General Dynamics, Lockheed Martin, and numerous other top technology-based firms around the world, API regularly ships products to clients in more than 34 countries. API owns state-of-the-art manufacturing and technology centers in New York, New Jersey, Florida and Ontario, Canada and has manufacturing capabilities in China and a distribution center in Britain. API Nanotronics trades on the OTC Bulletin Board under the symbol APIO. For further information, please visit the company website at www.apinanotronics.com

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