Environmental Waste International Inc.

Environmental Waste International Inc.

November 19, 2013 09:00 ET

Environmental Waste International Appoints CFO

AJAX, ONTARIO--(Marketwired - Nov. 19, 2013) - Environmental Waste International Inc. ("EWS") (TSX VENTURE:EWS) (the "Company"), a company specializing in eco-friendly systems with proven patented technology for the breakdown of organic materials, today announced the appointment of Bob MacBean as Chief Financial Officer, subject to TSXV approval. Mr. MacBean, (CPA, CMA) was most recently Sr. VP & CFO Of Energy Advantage Inc. and CFO of Selient Inc. prior to that. His broad experience includes financing, accounting, TSXV compliance, business development and operations. Much of his experience is in the Clean Tech sector.

Mr. MacBean has been granted 150,000 stock options with a $0.12 exercise price. The options will vest 30% in 12 months, 30% in 24 months and 40% in 36 months. The options will expire November 18, 2018.

Dr. Daniel Kaute, President & CEO of EWS, commented, "Bob MacBean is a very significant addition to our management team. His depth of experience in financial management, international business development and operations will be a significant asset for Environmental Waste."

About Environmental Waste International Inc.

Environmental Waste International, Inc. specializes in eco-friendly systems for the breakdown of organic materials, including tires. EWS has spent over 15 years engineering systems that integrate the EWS patented Reverse Polymerization™ process and proprietary microwave delivery system. EWS's unique microwave technology safely processes and recycles waste tires, while creating a highly valuable commodity output for industry, including carbon black, oil and steel. Each unit is designed to be energy efficient and where possible, create an economically positive model for the recovery of various hydrocarbon oil and gases. For more information please visit, www.ewi.ca.

Forward-Looking Statements

This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with the Company's business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect the Company's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risks and Uncertainties" in the Company's most recent Management Discussion & Analysis, which can be found on the Company's profile at www.sedar.com. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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