SOURCE: MSE Enviro-Tech Corp.

August 13, 2008 17:30 ET

MSE Enviro-Tech Moves to Build New Management Team to Strike on Opportunities and New Plans, Including Potential Acquisitions and Improved Trading Status

MIAMI, FL--(Marketwire - August 13, 2008) - MSE ENVIRO-TECH CORP. (PINKSHEETS: MEVT) announced today changes involving new management, near term plans, and opportunities to accelerate development of the Company's core business, i.e. the Hartindo Anti-Fire product line, as well as to obtain public company reporting status and pave the way to elevate the trading of the Company's shares onto the Bulletin Board.

New Management

By action of the controlling shareholders and new Board, Gilles Trahan is now sole Director and Officer of the Company, in a move to solidify the Company's plans and accelerate progress toward achievement of its corporate goals, thus enhancing shareholder value.

Controlling shareholders sought out and directed Mr. Trahan, the new President and CEO, to act immediately to consolidate the Company with a new management team. Upon acceptance of his new position, Mr. Trahan, President and CEO, stated, "I thank the shareholders and plan to immediately act to protect the interests of the Company, with the help of a new team of persons to direct all legal, financial and business aspects of the Company. MSE embodies, in its core business, the most exciting potential I have ever been involved in, and we will move immediately to fully exploit that opportunity, to build shareholder value, and to become a fully reporting company with, ultimately, its shares trading on the Bulletin Board or higher as soon as legally permitted. As well, we will institute new Investors Relations policies that will ensure that the Company's valued shareholders are kept abreast of corporate developments in a timely manner."

Gilles Trahan

As Chairman and CEO, Mr. Trahan brings a wealth of experience in public markets, capital formation and business acumen. His experience has primarily evolved around investment banking practices. He was involved in real estate as a developer of commercial properties beginning in 1991, and subsequently owned and operated a hotel resort in the Caribbean. Mr. Trahan has served as President and CEO of Lexton Fuller Corp, an investment Banking firm in Toronto, Canada, where his responsibilities included the structuring of corporate financing, mergers, and acquisitions. He was instrumental in the creation of Symphony Telecom, Inc. Symphony Telecom, under his leadership, grew from no revenues to over $16 million annually and created a market capitalization of over $500 million in a few short years.

Over the last 5 years he has served in senior officer positions including President and CEO of Geneva Bancorp Inc., an international financial consulting and investment banking company. During his years at Geneva Bancorp, Mr. Trahan advised numerous private and public companies on strategic acquisitions and financing, and assisted numerous client-companies in expanding their shareholder base. Mr. Trahan's extensive contact base spans the globe both personally and institutionally.

Mr. Trahan will fulfill a comprehensive, hands-on role in the direction and corporate governance of MSE Enviro-Tech Corp. as it pursues its goal of becoming a well managed growth company in its chosen fields of endeavor.

New Directions

According to President and CEO Trahan, "I have been bombarded with shareholder concerns about the Company, and now am bombarded with well wishes as we adopt a new outlook to be planned and executed on an international level. Building relationships with Wall Street, focusing on a major acquisition target I have contemplated, bringing in regulatory affairs advisors from Washington, D.C. with international political relationships, is just the start of a plan, a plan that will push to have MSE become a reporting company, and our stock trading on the Bulletin Board as quickly as possible."

"MSE Enviro-Tech Corp. will be guided and developed to be a Company that communicates with its shareholders regularly, maintains a serious corporate presence in the international business community, fosters awareness within the financial community, and studies and acts prudently on licensing, acquisitions and other well-advised diversification of our model," he further stated.

New Opportunities

Obtaining public company reporting status, completion of audits, elevated trading position on the Bulletin Board, etc., though not guaranteed, will be pursued without delay, in conjunction with the Company's intent to immediately build a new management team (discussions with excellent candidates to fill senior positions are ongoing) that will accelerate progress towards tangible fruition of the Company's core business -- the introduction and marketing of the extraordinarily attractive Hartindo Anti-Fire product line across North America. As well, MSE is studying a number of potential acquisitions, one of which in particular, we believe, would materially enhance the Company's corporate growth outlook and shareholder value if it were to be achieved under favorable terms. Further details on any such acquisitions will be reported upon as events unfold.

"We wish to take this opportunity to express our sincere appreciation to our valued shareholders for their continued patience, support and belief in the Company's future. We believe that the future is brighter today than it has ever been, and look forward to reporting on our progress in all respects in the weeks and months ahead."

President and CEO Gilles Trahan

Safe Harbor Statement

This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, acceptance of the company's products, increased levels of competition, product and technological changes, the company's dependence upon financing and third-party suppliers, and other risks detailed from time to time in the company's materials. Statements are subject to change without notice. We assume no obligation to update any forward-looking statements and nothing herein should be taken as a promise or representation.

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