TORONTO, ONTARIO (TSX VENTURE: POR) announces that, subject to TSX Venture Exchange (the "Exchange") approval and the receipt of all required regulatory consents, the Company has agreed to sell 10,000,000 units at a price of $0.05 per unit, each unit comprising one common share of Process Capital Corp. and one warrant to purchase a common share at a price of $0.10 per common share, for total proceeds of $500,000 (the "Private Placement"). The proceeds of the financing will be added to the working capital of the Company and will fund the development of the Company's new waste oil micro-refinery to be built at its site in Kingston, Ontario.

Enviromatrix Technologies Inc. ("Enviromatrix"), the principal shareholder of the Company, has indicated that it will subscribe to the full amount of the private placement.

In the event that Enviromatrix subscribes for the full amount of the Private Placement, Enviromatrix will hold 52,828,742 common shares of the Company, representing 38.44% of the issued and outstanding common shares of the Company. The control person for EnviroMatrix is Anthony Cosentino, its President.

As the subscriber to the Private Placement is an insider of the Company, it is required to comply with Policy 5.9 of the Exchange (Insider Bids, Going Private Transactions and Related Transactions) which incorporates Ontario Securities Commission Rule 61-501, unless there is an exemption available. The Company expects to rely upon the Financial Hardship Exemption with respect to the Private Placement.

Prior to giving effect to the Private Placement, 127,472,574 common shares and 50,000,000 common share purchase warrants of the Company were issued and outstanding.

At the close of business on 20 February, 2008 the common shares of the Company were trading at $0.035.

Statements in this release which describe the Company's intentions, expectations or predictions, or which relate to matters that are not historical facts are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties which may cause the actual results, performances or achievements of the Company to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. The Company may update or revise any forward-looking statements, whether as a result of new information, future events or changing market and business conditions.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this release.

Contacts: Process Capital Corp. Robert Grimard President and CFO (416) 622-6600 (416) 622-6628 (FAX) Process Capital Corp. H. John Stollery Chairman of the Board (416) 622-6600 (416) 622-6628 (FAX) Email: info@processcapital.ca EnviroMatrix Technologies Inc. Anthony Cosentino President & CEO (416) 363-0080 (416) 360-0515 (FAX) Email: info@envirotek.ca

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