WMT

West Mountain Capital Corp. ("the Company" or "WMT") (TSX VENTURE:WMT) today
announced that it duly qualified and registered Shanghai Phase Separation
Environmental Technology Co. Ltd. ("Shanghai PS2") as its wholly-owned foreign
enterprise ("WOFE"). Shanghai PS2 operates from its headquarters in Shanghai. 


While going through the rigorous process of establishing a Chinese subsidiary,
West Mountain had conducted its operations in China through its Canadian
subsidiary, Phase Separation Solutions Inc.,. As a foreign company we were
presented challenges that limited our ability to pursue certain opportunities.
The WOFE radically simplifies operations and provide us with a significant
advantage over our foreign-based competitors in pursuing and executing
contracts, hiring local staff, obtaining local financing, among others.


"This has been a lengthy process and a major investment by our Company but one
that was necessary to establish a firm foundation for our future in China," said
Paul Antle, President and CEO. "With the establishment of our WOFE in Shanghai
we have put the Chinese market on notice that we are a serious contender and
there to stay. I am pleased to say that Chinese companies have quickly taken
notice."


About Phase Separation Solutions:

PS2 is an established Canadian environmental solutions company specializing in
the thermal treatment of a variety of hazardous and non-hazardous waste streams.
It employs a unique indirectly heated, closed loop technology that allows it to
extract even the most hazardous contaminants from soil, industrial sludge and
waste converting much of it into reusable oil and synthetic natural gas that it
uses to sustain the process. This methodology offers significant opportunity for
greenhouse gas reduction over traditional hazardous waste destruction
technologies. PS2's management team maintains expertise in hazardous waste
management and contaminated site remediation with experience spanning North
America and internationally throughout 14 countries. 


Forward-Looking Statements

This news release contains forward-looking statements and forward-looking
information within the meaning of applicable securities laws. The use of any of
the words "expect", "anticipate", "continue", "estimate", "objective",
"ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and
similar expressions are intended to identify forward-looking information or
statements. More particularly and without limitation, this news release contains
forward-looking statements with respect to potential benefits to West Mountain
of carrying on its business in PRC through Shanghai Phase Separation
Environmental Technology Co. Ltd.. The forward-looking statements and
information are based on certain key expectations and assumptions made by West
Mountain, including expectations and assumptions concerning the plan to be
awarded contracts to treat such material. Although West Mountain believes that
the expectations and assumptions on which such forward-looking statements and
information are based are reasonable, undue reliance should not be placed on the
forward looking statements and information because West Mountain can give no
assurance that they will prove to be correct.


Since forward-looking statements and information address future events and
conditions, by their very nature they involve inherent risks and uncertainties.
Actual results could differ materially from those currently anticipated due to a
number of factors and risks. These include, but are not limited to, the risks
associated with the treatment of hazardous industrial sludge in general,
attempting to secure work, the uncertainty of estimates and projections relating
to the value of the contract, health, safety and environmental risks,
transportation costs, environmental risks, failure to realize the anticipated
benefits of the contract, failure to obtain required regulatory and other
approvals, and changes in legislation, including but not limited to
environmental regulations, and risks associated with doing business in China.
Readers are cautioned that the foregoing list of factors is not exhaustive. The
forward-looking statements and information contained in this news release are
made as of the date hereof and West Mountain undertakes no obligation to update
publicly or revise any forward-looking statements or information, whether as a
result of new information, future events or otherwise, unless so required by
applicable securities laws.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts the
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Inquiries
Mr. Paul Antle
President and CEO
709 726 0336
pantle@phaseparation.com
www.phaseparation.com

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