EcoloCap Signs Exclusive Agreement with CantorCO2e, Leading Carbon Credits Broker

MONTREAL, QUEBEC, Oct 23 (MARKET WIRE) --
EcoloCap Solutions, Inc. (OTCBB: ECOS) ("EcoloCap") today announced that
it has signed an exclusive Greenhouse Gas Offset Management Services and
Representation agreement with CantorCO2e LLC and its affiliates
("CantorCO2e") to develop and market EcoloCap's growing portfolio of
potential Certified Emission Reductions (CERs) as well as pre-Clean
Development Mechanism (CDM) Verified Emission Reductions (VERs). This
agreement significantly enhances EcoloCap's ability to access a wider
range of CER and VER buyers and will permit EcoloCap to increase its rate
of generation of additional CERs.

Dr. Tri Vu Truong, President and CEO of EcoloCap said "we see this as a
major step forward by EcoloCap. We evaluated several alternatives in
order to find the best way to market our CERs and VERs, and to achieve
the best prices for our expanding CER and VER portfolio. We feel that
CantorCO2e will give us the best results and we look forward to working
closely with them to build increased value for our shareholders."

EcoloCap is currently focusing its marketing efforts on China and Vietnam
and a range of Clean Development Mechanism (CDM) projects have already
been secured which represent an annual volume of over 1,000,000 CERs with
most CER contracts being multiple-year. Current prices for CERs on the
World Market can range up to 19 Euros (approx. US$25.50).

Corinne Boone, Managing Director, CantorCO2e said "we are looking forward
to working with EcoloCap to develop its portfolio of potential CERs and
VERs and market them to our global client base. The diversity of the
project portfolio and the potential for growth could represent a
significant addition to CER and VER markets."

Dr. Truong added "our agreement with CantorCO2e enables EcoloCap to
immediately increase our marketing efforts to secure more CDM projects.
As well, CantorCO2e's experience and expertise will enable us to more
efficiently achieve accreditation of these projects so that the CERs and
VERs can be sold more quickly."

EcoloCap's objective is to double its total CER reserves over the next
six to nine months, with an initial target of accumulating a portfolio of
5 million CERs annually.

About CantorCO2e

CantorCO2e is a leading provider of transaction and consulting services
to the environmental and new-energy markets. Operating globally,
CantorCO2e assists its clients to efficiently manage carbon emissions and
to meet evolving compliance and industry standards. CantorCO2e serves
environmental credit buyers and sellers in all of the world's principal
emissions markets, including the Kyoto markets (CDM, JI and European
emissions trading), the US compliance markets, and the voluntary carbon
market. CantorCO2e helps entities transact via electronic trading
screens, recorded telephone lines, auctions and negotiated contracts. The
CantorCO2e team advises equity investment funds on carbon finance,
introduces investors to projects, and structures forward sales to enable
project developers to fund their investments. CantorCO2e is headquartered
in London and San Francisco and has over 100 emissions trading
professionals located in fourteen offices across five continents. This
global yet local presence, together with the unique experience of its
staff, enables CantorCO2e to provide an unparalleled level of service to
clients. CantorCO2e is a member of the Cantor Fitzgerald group of
companies. For more information about CantorCO2e please visit
www.cantorco2e.com.

About EcoloCap Solutions, Inc.

EcoloCap is a US-listed, international company focused on the commercial
development of green energy projects in emerging economies, especially in
Asia. Rising energy costs, climate change concerns, and the need to
reduce greenhouse gases create an unparalleled opportunity for the
development of renewable, sustainable energy sources which will be a
significant, long-term opportunity for the 21st century.

To maximize shareholder value EcoloCap is focused on projects which
qualify for Carbon Emission Reduction credits (CERs) registered under the
Clean Development Mechanism (CDM) of the United Nations' Kyoto Protocol.
EcoloCap utilizes its know-how, capital, technology, engineering
expertise, and on the ground operations management to work with
governments and enterprises in emerging economies in order to
successfully reduce greenhouse gases for both capture and utilization. By
this process EcoloCap acquires UN Certified Carbon Credits (CERs) at
favorable costs, which are then sold on the world market at prevailing
prices. For more information please visit www.ecolocap.com.

Contacts:
EcoloCap Solutions, Inc.
Investor Relations
Nada Guirguis
514-402-2538
514-876-4080 (FAX)
nada.g@ecolocap.com

CantorCO2e LP
Melanie Gordon-Felsman
mgordon@cantorco2e.com

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