Grainnet

Belgium, WI—Mach One Corporation (Pink Sheets: MNCN), a biological solutions company that develops products that produce a positive long term benefit to the agricultural and consumer market, announced today that it has entered into a non-binding letter of intent dated January 7, 2009 related to a proposed transaction with Ceres Organic Harvest, Inc. (the "Seller") to acquire all of the outstanding shares of the Seller.

The proposed transaction is subject to satisfactory completion of due diligence by the Purchaser, the execution of a definitive agreement and the approval of both the board of directors.

The non-binding terms of the letter of intent provide that the Seller would receive a convertible note from the Purchaser in exchange for 100% of the stock of Seller The conversion terms include conversion rights at .50 per share in Mach One Corporation common stock.

There can be no assurance that any definitive agreement will be entered into, that any proposed transaction will be approved by the board of Seller or that any transaction will be completed as a result of the execution of the letter of intent.

Monte Tobin, CEO of Mach One Corporation commented, "This proposed acquisition of Ceres Organic Harvest, Inc., a company with 20 million in annual revenues with a platform in organic agricultural products, will allow Mach One a broader market penetration in the agricultural sector.

"Our potential customer base and Ceres customer base are aligned perfectly."

"We are excited about the possibility of working with Mach One's management team to further expand our North American field operations and international trade," said Brittin Eustis, Founder and CEO of Ceres Organic Harvest, Inc.

For more information, call 651-366-6900.

See Related Websites/Articles:

• Mach One Corp.
• Ceres Organic Harvest Inc.

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