Colorep Inc. Appoints David Anthony to Board of Directors

Venture Capitalist to Help Guide Textile Technology Company’s Continued Growth

RANCHO CUCAMONGA, Calif.--(BUSINESS WIRE)--Colorep Inc. ("Colorep, the Company"), a leader in sustainable textile solutions, announced today that it has named David Anthony to its Board of Directors.

“Colorep’s AirDye® technology will revolutionize the printing and dying industry as we know it”

Larry Levy, Colorep’s Chairman & CEO, stated, “We are delighted to have David Anthony joining Colorep’s Board. He brings extensive experience in building great companies in the clean technology field. I look forward to growing Colorep with David on our team.”

As Managing Director of 21 Ventures, Anthony sits on the board of Agent Video Intelligence, 3GSolar, BioPetroClean, Juice Wireless, VOIP Logic, WorldWater & Solar Technologies (WWAT.OB) and Open Energy Corporation (OEGY.OB). Anthony is an experienced entrepreneur and venture capitalist.

“Colorep’s AirDye® technology will revolutionize the printing and dying industry as we know it,” said Anthony. “Its design capabilities, cost & inventory savings potential, and most importantly, its elimination of water and substantial energy reduction from dyeing processes, will make it the leader in this space.”

About Colorep, Inc.

Colorep, Inc. (www.colorep.com) is a leader in subsurface printing and fabric dyeing technologies, providing products and services to the promotion, apparel, commercial furnishings and home décor markets. The Company provides these services to companies through BetaColor LLC, its printing applications division and through the licensing of its technology to manufacturers in these addressable markets. The Company’s technology encompasses a range of advances in the coloration and decoration of fabrics, plastics, and coated metals. Its AirDye™ technology introduces coloration of fabric without the use of water and other negative environmental impacts. Transprint USA, Inc. (www.transprintusa.com), a wholly-owned subsidiary of Colorep, is the nation’s leading supplier of transfer-printing paper for decorating Polyester, Polyester rich substrates and certain other synthetic materials. With a design library of over 13,000 designs, Transprint is a leader in design choice and innovation. The Company’s products include Transwide™, a patented, exclusive product providing transfer-printing paper up to 126" (320cms) and Transeeze™, a release paper product for the printing of vinyl and other plastics. Transprint USA supplies its worldwide customer base through a direct sales force and agents throughout the world.

Forward-Looking Statements Disclaimer

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the Company's behalf in this Press Release. All statements, other than statements of historical facts which address the Company's expectations of sources of capital or which express the Company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the Company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the Company, actual results may differ materially from the expectations expressed in the forward-looking statements.