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ECO2 Plastics, Inc. Hires Ray Salomon as CFO and Fred Janz as VP of Operations
4th November, 2008

ECO2 Plastics, Inc., (OTC Bulletin Board: ECOO), the eco-friendly recycling company that is changing the way plastics are recycled, is pleased to announce that it hired Ray Salomon as Chief Financial Officer and Fred Janz as Vice President of Operations.

Mr. Salomon has over twenty years of financial and operations management experience. Most recently, Mr. Salomon was the Chief Financial Officer of Barrier Systems, Inc. where he was responsible for finance, accounting, information technology and human resources. While at Barrier, Mr. Salomon designed and implemented reporting processes and achieved full Sarbanes-Oxley compliance. From 2003 to 2007, Mr. Salomon was the Director of Finance, Marketing and Sales, Western and Central U.S. for the Ford Motor Company. Prior to Ford, Mr. Salomon served as Revenue Manager and as Director of Financial Planning and Reporting for Lincoln Mercury, where he was responsible for the groups setting vehicle prices and where he developed and managed revenue forecasting and accounting. Mr. Salomon earned a Masters in Business Administration degree in 1985 and a Bachelor of Arts in Economics in 1982 from the University of California, Berkeley.

Mr. Janz has over twenty years of management executive experience with leading start-ups, integrating acquisitions, operations improvement and manufacturing turn-around. Most recently, Mr. Janz was Executive Vice President with Pitt Plastics, Inc., where he was responsible for operational changes that reduced spoilage by 20% and increased productivity by 10%. From 2006 to 2007, Mr. Janz served as President of Natures Natural Water Company, LLC, where he developed the business plan and financials and business strategy. From 2005 to 2006, Mr. Janz worked as a consultant specializing in acquisitions and profit improvement. During this time, he developed integration strategy and acquisition candidates of Asian-based companies for Europe and North America, assessed acquisition candidates in the Health and Beauty Aids (HBA)/ Food/Beverage/Spirits markets for private equity firms and developed cost reducing strategies for Water/Beverage/Food and HBA markets for Portola Packaging Inc. Mr. Janz co-authored an update to Understanding Lean Initiatives with David Rizzardo and Richard Brooks, updating the application of lean initiatives to the packaging industry. Prior to 2005, Mr. Janz held several positions with Portola Packaging, Inc. Mr. Janz received a Masters in Business Administration degree in 1976 and a Bachelors of Science in Mechanical Engineering degree in 1973 from the University of Florida.

"Salomon and Janz are an essential part of building ECO2's foundation and will contribute significantly to the Company's growth. By expanding our management team, ECO2 will be able to focus on existing operations and development efforts. We are thrilled to add their skills to our leadership team," said Rod Rougelot, CEO of ECO2.

About ECO2 Plastics (http://www.eco2plastics.com)

ECO2 Plastics, (ECOO.OB), is a publicly traded company engaged in PET plastic recycling. The Company's patented process was developed through a research partnership with Honeywell FM&T and the US Department of Energy. ECO2 Plastics is the exclusive worldwide licensee of the patented and patent-pending technology. Headquartered in San Francisco, California, the Company operates a recycling plant in Riverbank, California, with another plant currently under development.

ECO2's approach sets it apart from competitors that deploy water-based recycling processes. Unlike other recyclers, ECO2's process eliminates the use of water, respects and preserves the environment, while delivering a high quality recycled plastic flake with comparably lower operating costs. ECO2 Plastics is the only recycling company that can claim that (i) its plastic recycling technology has a negligible impact on the environment and (ii) is distinguishable from existing technologies when it comes to water waste and chemical contamination.

Cautionary Warning Regarding Forward-Looking Statements

"Forward-looking statements," as defined in the Private Securities Litigation Reform Act of 1995, may be included in this press release. These statements relate to future events and/or our future financial performance. These statements are only predictions and may differ materially from actual future events or results. ECO2 Plastics, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. Please refer to the documents filed by ECO2 Plastics, Inc. with the Securities and Exchange Commission, which identify important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with our ability to (i) increase revenues, (ii) obtain profitability, (iii) obtain additional financing, (iv) manage changes in general economic and business conditions (including in the environmental technology and plastic recycling industries), (v) react to actions of our competitors, (vi) develop new services and markets for our services and products, (vii) properly quantify the time and expense involved in such development activities, (viii) identify and manage risks in connection with acquisitions (ix) identify and capitalize upon the level of demand for and market acceptance of our services and products and (x) make any necessary changes to our business strategies.

Release link:  http://www.eco2plastics.com
Tags:  Plastic - Technology - Anagement



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