Converted Organics` Executive Officer Steps Down

BOSTON--(Business Wire)--
Converted Organics Inc. (NASDAQ:COIN) announced today that Peter Townsley,
Executive Vice President and Chief Technology Officer of Converted Organics
Inc., has elected to resign from the Company and the Converted Organics Board of
Directors to pursue other interests. Mr. Townsley`s resignation is effective
immediately.

"We wish Peter well in his future endeavors and thank him for the time he
devoted to Converted Organics," said Edward J. Gildea, President of Converted
Organics Inc.

The Converted Organics Board of Directors will commence a search for a candidate
to fill the position vacated by Mr. Townsley.

About Converted Organics Inc.

Converted Organics (NASDAQ:COIN, www.convertedorganics.com), based in Boston,
MA, is dedicated to producing high-quality, all-natural, organic soil amendment
and fertilizer products through food waste recycling. The Company uses its
proprietary High Temperature Liquid Composting (HTLC) system, a proven,
state-of-the-art microbial digestion technology, to process various
biodegradable food wastes into dry pellet and liquid concentrate organic
fertilizers that help grow healthier food and improve environmental quality.
Converted Organics sells and distributes its environmentally-friendly fertilizer
products in the retail, professional turf management, and agribusiness markets.

Converted Organics` flagship manufacturing facility is located in Woodbridge,
New Jersey. A second manufacturing site is located in Gonzales, California, and
a third is under development in Johnston, Rhode Island. Converted Organics'
products have been tested in numerous field trials for more than a dozen crops
with the result that, on average, the net value of the farmer's crop increased
11-16 percent, depending on the particular crop and product application. This is
due, in part, to the disease suppression characteristics of the product, which
reduce or eliminate the need for other costly, often toxic, crop protection
applications. In a number of lab and field trials, Converted Organics` liquid
product has been shown to be effective in mitigating powdery mildew, a leaf
fungus that affects most plants and grasses and restricts the flow of water and
nutrients to the plant. Increased use of nitrogen in commercial agriculture and
turf grass applications, such as on golf courses, has reduced the soil's ability
to absorb nitrogen and other nutrients. Using the products produced by Converted
Organics helps restore the soil by replenishing these micronutrients. This
reduces the amount of nitrogen required in a virtuous cycle that benefits from
long-term use. As a result, use of the product reduces chemical run-off to
streams, ponds and rivers, an objective with significant long-term benefits to
the environment.

Converted Organics` products have a long shelf life compared to many other
organic fertilizers. The Company's fertilizer products can be used on a
stand-alone basis or in combination with more traditional fertilizers and crop
protection products. Converted Organics expects to benefit from increased
regulatory focus on organic waste processing and on environmentally-friendly
growing practices.

This press release contains forward-looking statements that are subject to risks
and uncertainties. These forward-looking statements include information about
possible or assumed future results of our business, financial condition,
liquidity, results of operations, plans and objectives. In some cases, you may
identify forward-looking statements by words such as "may," "should," "plan,"
"intend," "potential," "continue," "believe," "expect," "predict," "anticipate"
and "estimate," the negative of these words or other comparable words. These
statements are only predictions. One should not place undue reliance on these
forward-looking statements. The forward-looking statements are qualified by
their terms and/or important factors, many of which are outside the Company's
control, involve a number of risks, uncertainties and other factors that could
cause actual results and events to differ materially from the statements made.
The forward-looking statements are based on the Company's beliefs, assumptions
and expectations of our future performance, taking into account information
currently available to the Company. These beliefs, assumptions and expectations
can change as a result of many possible events or factors, including those
events and factors described in "Risk Factors" in the prospectus, not all of
which are known to the Company. Neither the Company nor any other person assumes
responsibility for the accuracy or completeness of these statements. The Company
will update the information in this press release only to the extent required
under applicable securities laws. If a change occurs, the Company's business,
financial condition, liquidity and results of operations may vary materially
from those expressed in the aforementioned forward-looking statements.

COIN-G

For Converted Organics Inc.
INVESTOR CONTACT:
PR Financial Marketing
Jim Blackman, 713-256-0369
jim@prfmonline.com
or
PUBLIC RELATIONS CONTACT:
Sterling Communications
Pat Fiaschetti, 908-996-7945
sterling.pf@att.net

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