EcoloCap's Nominations to the Board of Directors

MONTREAL, QUEBEC, Jul 22 (MARKET WIRE) --
EcoloCap Solutions (OTCBB: ECOS) Dr Tri Vu Truong, President and CEO of
EcoloCap is pleased to announce the nomination of Mr. Robert Clarke as
Chairman and Cherry Lim as Director of the Company's Board of Directors.

Mr. Clarke was appointed Chairman and Director on July 11, 2008. Since
June 2000, he has been Chairman of 7bridge Capital Partners, a private
venture capital group in Hong Kong. Prior to relocating to Hong Kong in
June 2001, Mr. Clarke was based in Vancouver, BC and played a key role in
the start-up and financing of several Canadian and US companies in the
high technology and the telecommunication sectors. In Hong Kong he has
been involved in private and public companies, with a particular emphasis
on the development of China opportunities, including telecommunications
services and payment systems.

Mr. Clarke has served as a Director and Chief Executive Officer of
several public companies including Waverider Communications Inc., TEK
Digitel Corp., ePhone Telecom Inc. and Manaris Corporation (now Avensys
Corporation). He has also been Chairman of Cardtrend International Inc.
until January 2008.

Ms. Cherry Lim, 42, was appointed Director of the Company's Board of
Directors on June 30, 2008. Ms Lim has more than 20 years of experience
in manufacturing, telecommunications, and VC investments. Prior to
joining Advanced ID Corporation earlier this year, Ms Lim was CEO of
Tsing-Tech Innovations Co. Ltd., a Hong Kong-based VC specializing in
commercialization of R&D results in IT, wireless, environmental
technology and healthcare in the Greater China region. Since 1990 she has
worked in the telecom industry, first for SingTel in Singapore and then
Deustsche Telekom in Hong Kong. In 1996 she joined eGlobe, Inc. where as
Director, Business Development, she was responsible for spearheading and
fostering partnerships with major Telcos and ISPs in the Asia Pacific
region and involved in a number of M&A transactions. From 2000 to 2005,
she was the President of 7bridge Capital Partners Ltd., a privately-held
company investing in IT and Telecom startups in Greater China and North
America between 2000 and 2005.

A Hong Kong native Ms Lim is fluent in three dialects of Chinese as well
as English. She has a Bachelor of Science in Industrial Engineering from
the University of South Florida, an MBA from the Chinese University of
Hong Kong and a Professional Certificate in Chinese Civil and Commercial
Law from Tsinghua University.

Says Dr Truong: "The addition of Robert Clarke and Cherry Lim will
strengthen our management team in many areas of expertise and in the
geographical area where we are concentrating our efforts. Both Mr. Clarke
and Ms Lim bring extensive experience of public company management,
funding and technical expertise. The knowledge of the Chinese market in
particular and the Asian market in general will help speed up our
penetration by utilizing the knowledge of local business practices and
laws and the personal contacts they have established over the years."

Forward-Looking Statements

This press release contains "forward-looking statements" as defined in
the Private Securities Litigation Reform Act of 1995. These
forward-looking statements are based on currently available competitive,
financial and economic data and management's views and assumptions
regarding future events. Such forward-looking statements are inherently
uncertain. The Company cannot provide assurances that the matters
described in this press release will be successfully completed or that
the Company will realize the anticipated benefits of any transaction.
Actual results may differ materially from those projected as a result of
certain risks and uncertainties, including but not limited to: global
economic and market conditions; the war on terrorism and the potential
for war or other hostilities in other parts of the world; the
availability of financing and lines of credit; successful integration of
acquired or merged businesses; changes in interest rates; management's
ability to forecast revenues and control expenses, especially on a
quarterly basis; unexpected decline in revenues without a corresponding
and timely slowdown in expense growth; the Company's ability to retain
key management and employees; intense competition and the Company's
ability to meet demand at competitive prices; relationships with
significant suppliers and customers; as well as other risks and
uncertainties, including but not limited to those detailed from time to
time in the Company's SEC filings. The Company undertakes no obligation
to update information contained in this release. For further information
regarding risks and uncertainties associated with the Company's business,
please refer to the risks and uncertainties detailed from time to time in
the Company's SEC filings.

Contacts:
EcoloCap Solutions Inc.
Nada Guirguis
Investor Relations
514-402-2538
775-993-2440 (FAX)
nada.g@ecolocap.com

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