Envirokare Tech, Inc.

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Dr. Verbicky joined Envirokare Tech, Inc. in 2003 and served in the capacities of President and Chief Executive Officer until March 2005, when he left the Envirokare Tech, Inc. to join Envirokare’s then joint venture interest, LRM Industries, as President and Chief Executive Officer. Dr. Verbicky has over twenty-five years of business experience in the high performance materials and plastic composites industry, most recently as President and CEO of Chemfab Corporation, a global manufacturer of high performance composites.

Envirokare and its wholly owned subsidiary, Envirokare Composite Corp. (“ECC”), NOVA Chemicals Inc. (“NOVA”) and Zesiger Capital Group, LLC (“Zesiger”), reached agreement in conjunction with the developers of the state-of-the-art patented TPF ThermoPlastic Flowforming™ and patent-pending STF Sheetless Thermoforming™ technologies (the “Polks”), wherein a Merger and Plan of Reorganization (the “Agreement”) was completed on July 2, 2009.

LRM is also pleased to announce the appointment of Richard Cochrane as President and Chief Operating Officer. Rick comes to LRM from Waste Management, Incorporated, where he most recently served as a Senior Business Director in the Organic Growth Group. In that role, he had the general management responsibility for a number of wholly owned companies, including WM Lamp Tracker, WM Trash Monitor Plus, and WM Asphalt Products. Prior to joining Waste Management, Rick held senior management positions at Texas Molecular LLC, a company involved in chemical manufacturing and environmental services.

A. Time and money. The demand for specialized plastic products and applications is rapidly growing. Manufacture of large structural parts, often with limited quantity requirements, and the ability to prototype are common problems experienced in many industries. The flexibility of the TPF Thermoplastic Flowforming™ process allows for a significant reduction of time and costs for many manufacturers and end-users who are seeking solutions to current requirements for their business needs.

On March 12, 2010, Envirokare Tech, Inc. (PINKSHEETS: ENVK) announced via the Marketwire that it had acquired Xemex Holdings Corp., a commercial real estate management and development company headquartered in Brooklyn, New York. Prior to the Xemex acquisition, Envirokare Tech, Inc. completed a spin-off of its existing technology business to stockholders of record as of January 29, 2010. In connection with the spin-off each stockholder of record received one share of ECC for each share of ENVK they owned on the record date.

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