Olie Inc. (OTCQB:OLIE) President, Robert Gardner, is pleased to announce that it has appointed Iman Khatam & Michael Zoyes to its Audit Committee and Advisory Board. The appointments assist in meeting minimum standards to become an Exchange Listed Company.

Robert Gardner states, "The addition of both Iman Khatam & Michael Zoyes incrementally moves the public company forward with its objective of enhancement of Net Stockholders Equity. These appointments also divide the labor to ensure proper compliance and transparency."

Safe Harbor Statement:

This release may include "forward looking statements" within the meaning of Section 27 A of the Securities Act 1933 as amended, and Section 21 E and /or 27 E of the Securities Exchange Act of 1934, that are based on assumptions that in the future are inherently uncertain, may prove not to be accurate, and are subject to significant risks and uncertainties.  These include, but are not limited to statements as to the future performance of the company, its ability to raise necessary financing, and other general economic risks and uncertainties.

CONTACT: Robert C. Gardner, President
         Phone: 604 669-9000
         E-mail: robertgardner@olieinc.ca
         Website:  www.olietech.com