CV Technologies Inc. Provides Default Status Report

EDMONTON, ALBERTA--(Marketwire - Jan. 9, 2009) - CV Technologies Inc. (TSX:CVQ) CV Technologies Inc. (the “Company”) is providing its first bi-weekly Default Status Report in accordance with National Policy 12-203 (“NP 12-203"). On December 26, 2008, the Company announced that it was not able to file its annual financial statements, accompanying management’s discussion and analysis, and related CEO and CFO certifications (collectively, the “2008 Annual Financial Materials”) for the financial year ended September 30, 2008 within the 90 day period prescribed for the filing of the 2008 Annual Financial Materials under applicable securities laws.