LAS VEGAS, NV--(Marketwire - 12/22/09) - QUADRA PROJECTS INC. ("Quadra" or the "Company"), its stock quoted on the OTC BB under the trading symbol (OTC.BB:QPRJ - News), announced that it is in the final stages of completing a long term supply agreement for waste tires for its proposed waste tire plant in the US. Negotiations are expected to be concluded with a 20 year fixed supply agreement.

The Supplier's President advised that the Supplier has access of up to 1,200 Tons of waste tires per day in the South Eastern part of the US which will be available for future expansion of the existing plant or the construction of new plants. He also indicated that the Company may acquire access up to 5,000 Tons per day of Crumb Rubber.

Each of the proposed future plants will be able to process a minimum of 150 Tons per day of waste tires which will generate revenues in excess of $30,000,000 per plant per year. The securing of the long term supply of waste tires or crumb rubber is fundamental for the long range development of the Company and securing of financing for the construction of the Plants.