Rager's Page

[Rager]

LYCV -- Lyon Capital Venture Corp.
Com ($0.001)

COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

Lyon Capital Venture Corporation ("LYCV") Acquires UTEC Corporation, an Independent Explosives Laboratory Offering State of the Art Testing and Analysis to Clients Worldwide, and Adds Two New Directors

LAS VEGAS, Jan 11, 2007 /PRNewswire-FirstCall via COMTEX/ -- Lyon Capital Venture Corporation (Pink Sheets: LYCV) announced today that it has acquired UTEC Corporation, an independent explosives laboratory, from Energetic Systems Inc LLC and elects two new Directors to the Board. The Company also appointed Suresh Subramanian who will serve as the Company's new Chief Operating Officer (COO) and President
New Board of Directors

The new Board of Directors for Lyon Capital Venture Corporation will be Kenneth B. Liebscher / Director / Co-Chairman of the Board / Audit Committee Chairman; Howard Bouch / Director / Audit Committee; and the new members will be David P. Taylor / Director / Co-Chairman of the Board and Fortunato Villamagna / CEO / Director [e-mail]

About UTEC Corporation

UTEC Corporation is an independent explosives laboratory, offering state of the art testing and analysis to clients worldwide. The Company is a leader in commercial explosives technology including development, analysis, testing and manufacturing. UTEC operates a chemical research and development laboratory near Riverton, Kansas, which specializes in commercial explosives development and analysis. The Company also operates a destructive test facility near Hallowell, Kansas, which specializes in determining the detonating characteristics of commercial explosives.

The current test facility has been in operation for over 40 years, with continual upgrades to meet today's marketplace demands. UTEC's staff consists of a team of highly trained scientists and technicians, who represent over 100 years of combined experience in the handling and testing of explosives and energetic materials.

From blasting applications to new product formulations, UTEC continually strives to exceed individual customer requirements.

Technical Capabilities

UTEC is an independent explosives laboratory, offering state of the art testing and analysis to clients worldwide. From blasting applications to new product formulations, UTEC continually strives to exceed individual customer requirements.



TECHNOLOGY LICENSING: CONTRACT RESEARCH:
* Formulation * Product Development
* Chemical Sensitization * Energetic Materials
* Emulsifiers and their Synthesis Characterization
* Process Development * Technology Enhancements
* Plant Design

TESTING: ANALYTICAL:
* Underwater Energy Tests * Emulsions
* Velocity of Detonation * Watergels
(confined/unconfined) * Energetic Materials
* Temperature Sensitivity * Quality Control
* Initiation Sensitivity * Raw Materials
* Critical Diameter
* Air Gap Sensitivity
* Impact Sensitivity
* Friction Sensitivity
* Aging Effect on Performance
* Detonators - Time Delay
Evaluation
* Safety and Classification
Testing (UN Tests)

DEMIL:
* Alternate methods for handling and storage of conventional munitions
and composite rocket propellants
* New applications, products and processes for recycling military
explosives
* Propellant-based blasting agents for quarries and mines

Acquisition

LYCV will issue of 22,500,000 common Shares and 20,000 Convertible Preferred shares to Energetic Systems Inc, LLC in a tax-exempt transaction. The Principals of Energetic Systems will join the New Board and Management of LYCV. A finders fee of 2,275,000 shares will be issued to Steven Pickett (2,500,000) and Moshe Zafrani (25,000) of the Company's $.001 par value common stock for facilitating the transaction. The shares will have a restrictive legend requiring them to hold the common stock for a minimum of 12 months.
Other Actions By the New Board

Lyon Capital Venture initiates Corporate Incentive Plan

The purpose of this Plan is to further the growth of Lyon Capital Venture Corporation ("LYCV") by allowing the Company to compensate officers, directors, consultants and certain other key employee(s) or persons providing bona fide services to the Company or to compensate officers, directors and key employees for accrual of salary or incentives to provide continuance or extended services, as provided in the IRS Revenue Code of 1986, as amended, through the award of Lyon Capital Venture Corporation Options, Common or Preferred Shares.

Consultants contract

Lyon Capital Venture Corporation ("LYCV") has retained Wannigan Capital to provide assistance with the transaction, news dissemination and preparatory work in becoming a fully reporting company and submission of the merged Company's to the OTC-BB

New Website Updates Coming

The current website for UTEC is www.UTEC-Corp.com and will be updated to reflect the merger in February. Financials (un-audited) will be posted to the Corporate Website within 2 weeks, and the Company's new CFO, J. Curt Stafford ([e-mail]) is preparing audited financial for UTEC and Lyon Capital Venture Corporation ("LYCV"). "...we hope to have them available within 60 days, and have the site an active communication tool for clients, shareholders, potential investors and friends of UTEC," stated Stafford.

SOURCE Wannigan Capital



CONTACT: Kevin M. Murphy, [phone], for Wannigan Capital

URL: http://www.wannigancapital.com
http://www.UTEC-Corp.com
http://www.prnewswire.com
www.prnewswire.com

Copyright (C) 2007 PR Newswire. All rights reserved

-0-