TORONTO, Feb. 6 /CNW/ - Feel Good Cars Corporation (the "Corporation") is pleased to announce that Mr. Brian Cott, a director of the Corporation, has been appointed as the President and Chief Operating Officer of the Corporation. The Corporation also wishes to announce that subject to regulatory approval, it has granted 350,000 options to Mr. Cott and subject to regulatory and shareholder approval, it has granted 100,000 options to each of Messrs. Richard D. McGraw, Stewart Somers and Peter S. MacKechnie, directors of the Corporation. The options have a term of three years and a minimum exercise price of $0.75 per share, subject to regulatory approval. The options granted to each optionee will vest in three equal tranches on February 6, 2007, 2008 and 2009. The TSX Venture Exchange Does Not Accept Responsibility for the Adequacy or Accuracy of this Release.