Denis Richard, President of La Coop fédérée, joins the Board of Directors of Innoventé

QUÉBEC, Jan. 17, 2014 /CNW Telbec/ - Innovente Inc. (TSXV: IGE) ("Innoventé" or the "Corporation") is pleased to announce the appointment of Mr. Denis Richard on its Board of Directors. President of La Coop fédérée since 1993, Mr. Richard brings to Innoventé a solid expertise in the agriculture and agri-food fields with which the Corporation's activities are intimately connected.

Mr. Richard is also Chairman of the Board of Directors of Olymel L.P. and Vice President of the new pan-Canadian organization Coopératives et Mutualités Canada. Previously, he has been President of the Canadian and Québec councils for cooperation and mutuality. He is an agricultural producer since 1979 and operates a business in Leclercville (Québec) dedicated exclusively to grain farming and with 400 hectares of land.

"We are very pleased to welcome Mr. Denis Richard to our team of experienced directors, said Mr. Yves Filion, Chairman of the Board of Directors of Innoventé. The specialization of Mr. Denis Richard and his management expertise, developed notably in the senior management of La Coop fédérée will bring even more depth and a great complementarity to the Board of Directors currently in place."

In connection with his appointment, the Board of Directors of the Corporation has authorized the grant to Mr. Denis Richard of a total of 75,000 stock options.

About Innoventé

Based in Quebec City, Innoventé produces renewable energy and provides communities with a green and sustainable solution for the management of organic residues through its technology patented in Canada and the United States. Innoventé's shares are listed on TSX Venture Exchange under the symbol IGE (TSXV: IGE).

Disclaimer in regards to forward-looking statements

Certain statements included herein, including those that express management's expectations or estimates of the future performance of the Corporation, constitute "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward-looking statements. The Corporation disclaims any intent or obligation to update publicly these forward looking statements, whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as these terms are defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Innoventé Inc.

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