Mr. Keir Reynolds reports

CCT CAPITAL CORPORATE UPDATE

Keir Reynolds, interim chairman and director of CCT Capital Ltd., has been appointed chief executive officer effective immediately.

Mr. Reynolds joined CCT as a director in February, 2014. In his new role as CEO, Mr. Reynolds will continue to manage CCT's strategic development and capital markets activities while expanding his responsibilities to include managing the company's day-to-day operations.

Corporate update

The company anticipates completing its previously announced acquisition of Mezzi Canada Inc. and a trade resumption of its shares under the symbol MZI within the next few weeks, and will provide additional updates once available. Mezzi is disrupting the status quo in the luxury accessories market as it unveils a beautiful new product line featuring cutting-edge technology, making Mezzi the true smart luxury brand. Each piece, including handbags, duffel bags and essential leather goods, will allow wireless connectivity between your Mezzi bag and smart phone, providing a completely new user experience.

Significant advancements in the business of Mezzi have been achieved over the last few months, including:

• Redesigning and prototyping the entire luxury collection to include 12 all-new products in both a men's and women's collection set to go on sale in October, 2014;
• Relocating all manufacturing to the United States and supporting the resurgence in domestic manufacturing of luxury fashion in the U.S.;
• Implementing a just-in-time manufacturing process, thereby greatly reducing the typical luxury product development timeline and physical inventories;
• Designing and manufacturing through its technology partner of the Mezzi Trackr proximity sensor technology that will ship with each of its products;
• Designing and developing the Mezzi app that will be available shortly within both the Apple iOS App Store and Google Play Store.

The company would like to thank Warwick Smith for his service to the company during its business transition, and wishes him all the best as he steps down from the board and as the CEO to pursue other ventures.

Further details regarding the acquisition of Mezzi are available in the company's news release of April 25, 2014, and on SEDAR under the company's profile. The acquisition will constitute a change of business for the company under the policies of the TSX Venture Exchange. The acquisition remains subject to a number of conditions, including approval of the exchange; there can be no assurance that the acquisition will be completed as proposed or at all.

About Mezzi

Mezzi is disrupting the status quo in the luxury accessories market as it unveils a beautiful new product line featuring cutting-edge technology, making Mezzi the true smart luxury brand. Each piece, including handbags, duffel bags and essential leather goods, will allow wireless connectivity between your Mezzi bag and smart phone, providing a completely new user experience. With fine leather sourced directly from Italy, all pieces in the Mezzi smart luxury collection are manufactured in the U.S.

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