Radiant Energy Corporation Settles Debt for Shares and Cash

Radiant Energy Corporation, (TSX VENTURE:RDT) ("Radiant" or the "Company")
(amounts in US dollars unless stated otherwise), the developer and marketer of
radiant de-icing systems, announced that it has completed the transaction
originally announced on September 22, 2008, whereby the Company settled with
Innovations Norway the outstanding principal and interest of $1,063,268 (NOK
6,357,763) on behalf of its Norwegian subsidiary, Radiant Aviation Services
Europe AS, which was in default on loans owing to Innovations Norway and for
which repayment had been demanded. The loans were settled by a payment of
$44,318 (NOK 265,000) in cash and the issuance of 3,658,987 common shares of the
Company. Innovations Norway will also receive the proceeds from the disposal of
the Company's deicing facility in Oslo, estimated to be $167,239 (NOK
1,000,000). The common shares issued as a result of this agreement are subject
to a four-month hold period expiring February 3, 2009.


About Radiant Energy Corporation

Radiant is the developer and marketer of Radiant Deicing Systems. The Company's
product is the only non-glycol based alternative approved by the US Federal
Aviation Administration for the pre-flight ground deicing of aircraft. Aircraft
deicing with Radiant's technology offers savings to airports and airlines over
the use of conventional glycol-based deicing systems, reducing aircraft
treatment costs and significantly reducing the negative impact of glycol on the
environment.


This press release contains "forward-looking statements", including statements
regarding the business and anticipated financial performance of Radiant Energy
Corporation, which involve risks and uncertainties. All statements, other than
statements of historical fact, that address activities, events or developments
that the Company believes, expects or anticipates will or may occur in the
future (including, without limitation, statements, regarding financial and
business prospects and financial outlook) are forward-looking statements. These
forward-looking statements reflect the current expectations or beliefs of the
Company based on information currently available to the Company. Forward-looking
statements are subject to a number of risks, uncertainties and assumptions that
may cause the actual results of the Company to differ materially from those
discussed in the forward-looking statements, and even if such actual results are
realized or substantially realized, there can be no assurance that they will
have the expected consequences to, or effects on the Company. Factors that could
cause actual results or events to differ materially from current expectations
include, among other things, changes in general economic and market conditions,
changes to regulations affecting the Company's activities, and uncertainties
relating to the availability and costs of financing needed in the future. Any
forward-looking statement speaks only as of the date on which it is made and,
except as may be required by applicable securities laws, the Company disclaims
any intent or obligation to update any forward-looking statement, whether as a
result of new information, future events or results or otherwise. Although the
Company believes that the assumptions inherent in the forward-looking statements
are reasonable, forward-looking statements are not guarantees of future
performance and accordingly undue reliance should not be put on such statements
due to the inherent uncertainty therein.