Global Environmental Investment Leader RNK Capital LLC to Back GreenLife™; Former NBC Network President Neil Braun Named Chairman and CEO

New York, NY (November 28, 2007) — Today, RNK Capital, one of the preeminent investors in renewable energy and carbon emission reduction projects, announced the formation of The GreenLife Organization, LLC [www.greenlife.com], the first provider of comprehensive, global solutions for businesses, institutions and individuals to reduce their carbon footprints and help mitigate climate change. Using a three-pronged approach of recommending behavioral changes, purchasing power from renewable sources and offsetting the remaining carbon emissions, GreenLife, led by former NBC Network President Neil Braun, will design and execute custom solutions to assist clients in moving toward carbon neutrality in their operations and products.

The emission of greenhouse gases is the single most serious threat facing our environment today. GreenLife intends to be a leader in the worldwide effort to reverse the effects of greenhouse gas emissions utilizing a diverse range of verified environmental credits – representing both power from renewable sources and the reduction of emissions – as a key component in neutralizing a business or individual’s carbon footprint.

“Behavioral and operational changes are an important part of reducing emissions, but alone they are not sufficient; purchasing power from renewable sources and offsetting carbon footprints are critical elements in mitigating climate change,” said Neil Braun, CEO, GreenLife. “Using a combined approach, GreenLife will work with its clients to achieve increased energy efficiency, green up their power use and offset the remaining emissions.”

Initially GreenLife will focus on the corporate market, offering clients a complete solution from early stage analysis and carbon footprint measurement to development and execution of a long term “GreenPlan,” GreenLife’s proprietary green management tool. The GreenPlan will recommend behavioral changes and energy efficiency strategies based on the collection of comprehensive data as well as the purchase of a portfolio of environmental credits which, taken together, will enable a business to purchase power from renewable sources, reduce its carbon footprint and offset the rest. GreenLife will introduce solutions for consumers who want to reduce their individual carbon footprints in early 2008.

“Verified environmental credits are the surest, simplest, most effective and often, least expensive way for a business to make an immediate positive impact on climate change,” said Robert Koltun, Founder and Managing Member, RNK Capital. “GreenLife’s unique strategic relationship with RNK Capital will enable it to provide clients with a customized portfolio of guaranteed, diversified high-quality environmental credits, providing a long-term solution at guaranteed prices”

Also joining the team is Jon May, former CEO of Arby’s Inc., as COO of GreenLife. Mr. May has more than 17 years of experience building, operating, acquiring, and creating value for branded businesses. For the past three years, he has held the position of Co-Founder and Managing Director of Catalytic Capital LLC, a private equity firm that invests in and further develops the potential of undervalued branded product and services companies. Prior to starting Catalytic, Mr. May was Senior Vice President of Corporate Development for Triarc Companies, Inc., where he was responsible for merger identification and execution, corporate finance, and planning.

“We are very excited about the team we have put together at GreenLife,” added Mr. Koltun. “Both Neil and Jon bring with them extensive experience in implementing new initiatives in major public and private companies making them perfectly suited to lead GreenLife and assist their clients in making a measurable impact on the global environment.”

Mr. Braun has over 25 years of experience in senior management including positions as President of the NBC Television Network and CEO of Viacom Entertainment. Most recently he held the title of President, Distribution and Marketing, at Starz Media. Mr. Braun also brings extensive experience with new business start-ups, both as an executive at the company funding the enterprise and as an entrepreneur.

About GreenLife™

GreenLife is the first vertically integrated provider of comprehensive, global solutions for businesses, institutions and individuals to “go green” by increasing energy efficiency, purchasing power from renewable sources and offsetting their remaining emissions. GreenLife’s unique strategic relationship with RNK Capital, a leading investor in global environmental markets and projects, will enable GreenLife to deliver long-term, quality solutions to its clients for reducing their carbon footprints and thereby helping to mitigate climate change.

About RNK Capital

Formed in February 2004, RNK Capital LLC is a leader in global environmental finance. RNK Capital invests in environmental assets by targeting international environmental and emissions markets as well as providing direct financing to projects that generate environmental market products and commodities. The firm is also a specialist in structured and managed transactions for the global carbon markets, and a leading investor in early stage environmental compliance projects. RNK Capital manages a portfolio of environmental products in the global carbon, North American criteria pollutant (SO2 and NOx allowances), RPS driven REC, European ETS, regional pollutants markets, as well as many other environmental attributes. For more information contact Jackie Glick at 212.702.7175, jackie.glick@greenlife.com or go to www.greenlife.com.

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