Echelon Capital Corporation (NEX:EHN.H) ("Echelon") announces that Loudon Owen,
a director of Echelon, has been appointed as the Chief Executive Officer and
Chief Financial Officer of Echelon. This follows the resignation of John Eckert
as Chief Executive Officer, Chief Financial Officer and a director of Echelon.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Echelon Capital Corporation
Loudon Owen
CEO
(416) 363-2000
(416) 363-2010 (FAX)
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