Mr. Slawek Smulewicz reports

MICROCOAL(TM) TECHNOLOGIES ANNOUNCES APPOINTMENT OF EXECUTIVE VICE PRESIDENT, BUSINESS DEVELOPMENT EUROPE

Wojciech Balczun, MBA (Rotterdam School of Management, Erasmus University, Holland), a specialist in the field of management and international trade, has been appointed to the position of executive vice-president for business development (Europe) for Microcoal Technologies Inc. From 2007 to 2013, Mr. Balczun held the position of chief executive officer for PKP Cargo SA, the largest railway cargo carrier in Poland and the second largest in the European Union; and from 2002 to 2007 he held the position of managing director for PKO BP SA, the largest bank in Poland and one of the largest financial institutions in the region.

In addition, Mr. Balczun has been chairman of the board for numerous companies such as: LOT Polish Airlines, Employers of Poland, PKP Cargo International, Polish State Railways, Inteligo Financial Services and the Polish Tourism Development Agency. He also was a member of the marketing committee for Visa Poland and MasterCard Poland.

Over the past five years Mr. Balczun has been awarded many prestigious awards such as: "manager of the year 2009" by the economic magazine Home & Market, "the platinum laurel of skills and competence" by the National Chamber of Commerce, "the konfederatka award" -- a distinction awarded by the Employers of Poland, "the one who changes Polish industry award" (award given by the Group PTWP with the editorial of the new industry and the WNP business portal), "The best business partner for 2012 award," and "the top 20 award" granted by Bloomberg BusinessWeek Poland for the best managers in the time of crisis category. He is 43 years old, married with two children.

Slawek Smulewicz, chief executive officer and director of the company, reports: "We are very pleased to welcome Wojciech Balczun to the management of Microcoal Technologies Inc. He is an eminently successful businessman with a remarkable skill set and a complementary network that will play a leading role in Microcoal's launch into Poland and the rest of the E.U.

Upon appointment as executive vice-president, business development (Europe) Mr. Balczun stated: "After working in large European corporations I accepted the proposal of working for Microcoal Technologies Inc. with great satisfaction. I deeply believe that the company, which has at its disposal the unique technology for the dehumidification of coal, perfectly fits in the category of companies for which the preservation of environment is highly important. What is more, I am also convinced that Microcoal Technologies Inc. will achieve a resounding, global success."

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