Redishred Capital Corp. Announces New CEO

    MISSISSAUGA, ON, Aug. 14 /CNW/ - Redishred Capital Corp. (TSX.V - KUT) is
pleased to announce the appointment of Mr. Robert Crozier as its new Chief
Executive Officer. Mr. Crozier has been actively involved in Redishred Capital
Corp. ("Redishred") as a board member since its launch in 2007.
    Mr. Crozier has spent the past 28 years in the commercial cleaning
industry in Atlantic Canada. In 1994 Mr. Crozier became the owner of Atlantic
Building Cleaning Limited and its various subsidiary companies. As President
and CEO, Atlantic Building Cleaning grew to become the largest commercial
cleaning enterprise in Atlantic Canada, with over 900 employees. The company
was purchased by Empire Maintenance Industries of Montreal in 2005, and since
that time Mr. Crozier has served as the Vice-President for Atlantic Canada.
    The Board commented "We are thrilled to have secured a candidate of
Robert's stature and experience. Robert represents tremendous continuity of
management for the people and assets of Redishred as he has been actively
involved in our business as a board member since its inception in 2007.
Moreover Robert's experience will compliment that of John Prittie, Redishred's
President. The Board would like to thank Mr. John Prittie, for fulfilling the
role of CEO through its public offering and its first 18 months of operation.
Mr. Prittie, as President and board member will continue to serve Redishred
and focus on Redishred's franchising and development programs."

    Redishred Capital Corp. is the owner of the PROSHRED(R) trademarks and
intellectual property in the United States. PROSHRED(R) shreds and recycles
confidential documents and proprietary materials for tens-of-thousands of
customers in the United States in all industry sectors. PROSHRED(R) is a
pioneer in the mobile document destruction and recycling industry and is the
only company with the ISO 9001:2000 certification. The company utilizes
state-of-the-art equipment and operates its business with trained, certified
and bonded customer service professionals. It is PROSHRED(R)'s vision is to be
the 'system of choice' and provide shredding and recycling services on a
global basis.

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

For further information:

For further information: Robert Crozier, Chief Executive Officer,
Redishred Capital Corp. (TSX.V - KUT), (416) 490-8600, Fax: (905) 812-9448,; Jeffrey Hasham, CA, Chief Financial Officer,
Redishred Capital Corp. (TSX.V - KUT), (416) 849-3469, Fax: (905) 812-9448,;

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