Conporec Inc.
TSX VENTURE : CNP
TSX CROISSANCE : CNP

Conporec Inc.

February 24, 2006 12:17 ET

Conporec Appoints a New Vice-President of Finance

SOREL-TRACY, Feb. 22 - Jean Beaudoin, President and CEO of
Conporec Inc. (TSX VENTURE:CNP) is pleased to announce that Mr. Yvon
Lévesque will join Conporec's Management Team as Vice President of Finance.

Mr. Lévesque's expertise includes development of financing packages for
growth-oriented companies. He has structured and successfully implemented many
large-scale financing strategies during the course of his career.

"This appointment is perfectly linked with our strategy to strengthen our
"financial engineering" capabilities for the company. In particular,
Mr. Lévesque will provide knowledge with respect to new acquisitions and the
company's ability to offer full-service capabilities related to project
development and operating contracts (BOO) for treating municipal solid waste
by composting. We believe that Mr. Lévesque possesses the qualities and
experience to meet the challenges that the company will face in the coming
years." stated Mr. Laurier Pedneault, Chairman of the Board of Conporec.

Mr. Lévesque has 29 years of experience in the financial sector. As an
economist with an MBA, he was a financial analyst and adviser for the
government for 10 years prior to becoming Vice-President, Finance at Rexfor
for 6 years. Since then, he has served as Senior Director of Investments for
the Fonds FTQ, CEO for Innovatech Québec and Chaudière-Appalaches, CEO for
Amisk, a public venture capital company, Vice-President Financial Counsel for
Ernst & Young Québec and recently, Vice-President Natural Resources for
Innovatech Régions Ressources.

"I intend to bring my experience and my creativity to stimulate a
financial strategy adapted to the rapid growth in which Conporec is currently
engaged. Joining such a great company in the field of technological
engineering is a challenge that I am ready to embrace with enthusiasm. It will
be my pleasure to be part of Conporec's management team in our new offices in
Québec City" said Mr. Lévesque.

About Conporec

Conporec Inc. treats and recycles municipal solid waste through a
patented composting and sorting technology. This process reduces the need for
landfill disposal by treating 100% of the organic content contained in solid
waste, thus reusing and recycling up to 75% of the original waste mass. In
addition, the technology helps to reduce greenhouse gases that are typically
released through the decomposition of garbage in landfills. The company has
successfully operated a plant in Sorel-Tracy, Quebec for 13 years and recently
began start up of a second facility in New York State (United States). A third
facility is currently under construction in France near Paris. Through Biomax
Inc., a Conporec subsidiary, the company has also delivered some thirty
different composting facilities that have the capacity to produce more than
300 000 tons of compost annually. Conporec Inc. is a socially responsible
organization listed on the TSX Venture Exchange.

The statements in this release and oral statements made by
representatives of Conporec inc. relating to matters that are not historical
facts (including, without limitation, those regarding the timing or outcome of
any financing undertaken by Conporec) are forward-looking statements that
involve certain risks, uncertainties and hypotheses, including, but not
limited to, general business and economic conditions, the condition of the
financial markets, the ability of Conporec to obtain financing on favourable
terms and other risks and uncertainties.

Contact Information

  • Jean Beaudoin, President and CEO,
    (450) 449-9949; Source: Conporec Inc., www.conporec.com