CCR Technologies Ltd. announced that Peter D. Graham of Houston, Texas, has been appointed as President and Chief Executive Officer of the Corporation effective immediately. Mr. Graham has also been appointed to the board of directors. Mr. Graham was formerly the Executive Vice President, Operations & Human Resources having joined the Corporation on October 1, 2007. Mr. Graham replaces Marcel Kessler who has resigned his position to pursue other business interests.

CCR Technologies Ltd. announced that it has entered into an overseas joint venture with a privately owned third party for the expansion of services and capital projects utilizing the corporation's proven proprietary and patented technologies for the reclamation of amines and glycols in certain countries in the Middle East and in all of Africa (Territory). The jointly owned corporation will primarily offer fee-based services that will enable the reclamation, purification and reuse of process chemicals (primarily amines and glycols) and permanent glycol and amine reclaimers and related services. Initially, CCR will own approximately 83% of the issued and outstanding equity in the joint venture corporation which will gradually be reduced over a three year period to no interest. In connection with the joint venture, the Corporation will sell to the jointly owned off-shore corporation two mobile reclaiming units and an existing service contract in the Territory, as well as grant to the joint venture off shore corporation an exclusive technology license to use CCR's technology in the Territory, for total deemed consideration of $6,625,000. In consideration therefore, the Corporation has acquired 50% of the ordinary voting shares of the joint venture corporation for a period of three years and 6,625,000 redeemable non voting preferred shares having a redemption value of $1.00 per preferred share, such preferred shares to be redeemed by the joint venture corporation on a pro-rata, quarterly basis, over a three year period commencing on October 1, 2009. The license agreement also provides that the corporation will receive a license fee equal to 10% of the gross revenues for service reclamation projects and for renting or leasing equipment to third parties within the Territory, excluding those revenues generated from the existing service contract in the Territory for a period of three years and 10% of net revenues for permanent reclaimers sold to third parties. After three years the corporation will have no further interest in the joint venture corporation but will continue to receive the ongoing fees associated with the technology license and ongoing fee-based services as required within the Territory.

CCR Technologies Ltd. announced consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported net loss of CAD 980,130 or CAD 0.01 basic and diluted loss per share on the revenue of CAD 1,380,448 compared to net loss of CAD 2,089,937 or CAD 0.02 basic and diluted loss per share on the revenue of CAD 1,750,199 for the same period last year. The company reported loss before income taxes and minority interest of CAD 969,337 compared to CAD 2,230,842 for the same period last year. The company reported cash used in operating activities of CAD 989,763 compared to CAD 1,528,872 for the same quarter last year. The company reported purchase of property and equipment of CAD 60. For the six months, the company reported net loss of CAD 2,847,232 or CAD 0.03 basic and diluted loss per share on the revenue of CAD 2,228,232 compared to net loss of CAD 3,385,672 or CAD 0.04 basic and diluted loss per share on the revenue of CAD 3,001,537 for the same period last year. The company reported loss before income taxes and minority interest of CAD 2,710,036 compared to CAD 3,547,676 for the same period last year. The company reported cash used in operating activities of CAD 2,708,003 compared to CAD 2,452,370 for the same quarter last year. The company reported purchase of property and equipment of CAD 155,808 compared to CAD 52,167 for the same quarter last year. Net debt as at June 30, 2009 was CAD 6,957,074.