Lignol Energy Corporation

VANCOUVER - Lignol Energy Corporation (TSX-V: LEC) ("Lignol" or "the Company"), a leading technology company in the cellulosic ethanol and biorefining sector, and BAE Systems PLC (LSE: BAES.L) ("BAE Systems") announced today the signing of a memorandum of understanding to explore and develop commercial applications for biochemicals from the Lignol biorefinery process that have use or synergies within BAE Systems' business, as well as financing of cellulosic ethanol projects.