MONTREAL, QUEBEC – January 16, 2018 – Ecolomondo Corporation (TSXV: ECM) (“Ecolomondo” or the “Company“), is pleased to announce that, during a meeting of its board of directors held on December 11, 2017, it has nominated Mr. Jean-François Labbé as its Chief Operating Officer to manage its day-to-day operations.

Jean-François (JF) Labbé is a seasoned and strategic manager in the North American market. He has extensive experience in entrepreneurial and multinational environments, particularly in business growth. Mr. Labbé joined Ecolomondo Corporation Inc., the Company’s wholly owned subsidiary, in 2013 and since he has worked in various departments to transition the company into a publicly-traded entity. Prior to Ecolomondo Corporation Inc., Mr. Labbé developed and ran a Canadian leading rubber recycling company, and previously worked as a strategy consultant, successively based in Atlanta, Boston and Montreal. He also was a special assistant to a Canadian Minister for regional development and previously was an internal counsel at Hydro-Québec. Mr. Labbé holds an MBA from INSEAD (Fontainebleau, France), a Masters of Law from McGill University (Montreal, Canada) and is a member of the Quebec Bar. He is also currently involved in different boards of directors of community and investment organizations.

About Ecolomondo Corporation

Ecolomondo is a development stage cleantech Canadian company that has designed, engineered and developed a thermo-reaction process using a pyrolytic platform that converts hydrocarbon waste into marketable commodity end-products, namely carbon black substitute, oil, gas and steel.

Ecolomondo believes its process extracts added value from hydrocarbon waste, and more precisely scrap tires, when compared to other technologies and other methods of recycling. Ecolomondo believes that its technology platform could position it to become an industry leader in the treatment of hydrocarbon waste.

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

Contact Information

For further information, please contact:

Mr. Elio Sorella
President, Director and Chief Executive Officer, Ecolomondo Corporation