Runco is the CEO and Chairman of WITS (Waste Innovative Technology Solutions) of Ft. Lauderdale, Florida and previously held executive level positions at Finalco Group Inc, Equilease Corp (an Allied Signal Subsidiary) and Citibank where he was the Director of Tax Administration. While at Citibank, Runco was appointed to the Presidential Commission on personal interchange, which was designed to cross train and familiarize corporate and government employees with the impact of their decisions on both the corporations and the U.S. Government during the Ford and Carter presidential administration. Runco has also served as special assistant to the Director of Finance and Administration of the U.S. Small Business Administration. Runco holds an MBA from City University in New York and graduated with a B.A. in accounting from St. John's University.

Mr. Runco said, "Solucorp is at a unique time in its growth phase. With critical technologies going to market and the potential for exponential development, I look forward to working with the Solucorp team to ensure continued success."

Mr. Runco continued, "Over the next several months, I intend to work toward commercialization of Solucorp's IFS product lines while building the Company's infrastructure and ensuring completion of audited financials and other regulatory compliance issues."

Simultaneous with Mr. Runco's appointment, the Company pursuant to a "Letter of Intent" has substantially completed "due diligence" with the intention of acquiring WITS (Waste Innovative Technology Solutions) Inc. of Fort Lauderdale, Florida. WITS is currently the owner or "irrevocable" sole licensee of five (5) patents and patent pending for the electrocoagulation (EC) waste water treatment process technologies which are highly synergistic to the Company's MBS(R) soil remediation process giving Solucorp metal waste water treatment capabilities.

WITS provides the Company with a proven and accomplished remediation, marketing and legal expertise capable of advancing the full commercialization of its remediation technologies while ensuring that the Company meets all the requirements of U.S. and Worldwide environmental regulators. Also, Mr. Runco will begin work immediately to enable the Company to meet the requirements of the 12G(1) fully reporting Company Act to pursue the listing on the OTC:BB. The Company will initiate necessary filings, 10K/SB and 10Q's, to comply with fully reporting requirements.

About Solucorp Industries

SOLUCORP is an innovative developer of superior metals remediation technologies. The Company develops environmentally-friendly technologies for the treatment and prevention of hazardous heavy metal contamination of waste streams. Solucorp owns two patents on its Molecular Bonding System (MBS(R)) technology, has applied for several patents including bullet traps, projectiles, paint strippers and filter material with its IFS technology and has received a notice of allowance from the Patent Trademark Office (PTO) for the main IFS patent application. The effectiveness of the Company's patented MBS is acknowledged by its successful completion of the U.S. EPA's Superfund Innovative Technology Evaluation (SITE) Program. MBS has proven to cost effectively and permanently remediate heavy metals contamination in soils and industrial wastes.

MBS has been successfully used internationally in soil and other remediations as well as in the Company's preventative technology IFS (Integrated Fixation System). IFS delivers consumer product safety systems to manufacturing institutions, and can be applied to a multitude of hazardous pollutant sources that render them insoluble, and hence, non-hazardous, at the end of a product's life cycle. Consumer products targeted for IFS include: auto and household batteries, mercury switches, paint removers, electronic circuit boards and air emission and paint booth filters. For additional company information, visit: http://www.solucorpltd.com. For updated investor information, visit: http://www.otcfn.com/slup.

The foregoing discussion contains forward-looking statements, which are based on current expectations. Actual results, including the timing and amount of revenues recognized, contracts awarded and performed and net income may differ due to such factors as: delays in payment on contracts due to dealings with governmental and foreign entities; fluctuations in operating costs associated with changes in project specifications; economic and other conditions affecting the ability of prospective clients to finance projects; and other risks generally affecting the financing of projects. In March 2003, Solucorp settled a civil action by the SEC the details of which can be found on the SEC website, as such investors are cautioned to perform a proper due diligence and consult licensed professionals prior to making an investment decision.