CCR Technologies Provides Corporate Update

CCR Technologies Ltd. (CNSX:CRL) (the "Corporation"), a leading chemical
purification technology solutions and service provider, herein provides a
general corporate update.


The board of directors of the Corporation have appointed a special independent
committee of the board of directors to examine strategic alternatives to enhance
shareholder value, including but without limitation, seeking new or
renegotiating the terms of existing joint ventures, licensing or selling all or
a portion or all of the assets of the Corporation to a third party or to the
existing secured creditors of the Corporation in order to reduce outstanding
secured indebtedness, or merger with or the selling the Corporation to a larger,
better financed entity.


The Corporation has also determined that it will not be able to file its audited
annual financial statements for the financial year ended December 31, 2009,
related management's discussion and analysis and CEO and CFO certificates
(collectively, the "Financial Statements") by the filing deadline of April 30,
2010 as prescribed by National Instrument 51-102 - Continuous Disclosure
Obligations.


Further to a news release of the Corporation, dated September 10, 2010, the
Corporation entered into an overseas joint venture ("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 process chemicals in certain countries in the Middle East and in
all of Africa (the "Territory"). 


The Corporation has experienced difficulties in securing on a timely basis
appropriate, accurate and complete statements and reports in respect of its
Joint Venture operations in the Territory. In anticipation of the annual audit
process for the financial year ending December 31, 2009, there have been ongoing
discussions to secure appropriate, accurate and complete statements and reports
in respect of the Joint Venture operations which are necessary to enable a
proper audit of the Corporation's financial statements. Despite the
Corporation's efforts and assurances from the privately owned third party and
personnel in the Territory that the appropriate documentation would be
forthcoming, financial information from the Joint Venture operations remain
outstanding to date. 


The absence of appropriate documentation from the Joint Venture operations is
preventing the Corporation from completing its financial statements and audit
process. While the Corporation intends to continue its efforts to secure
acceptable documentation as soon as possible, it now appears that acceptable
documentation may not be received in sufficient time to permit the completion of
the Corporation's audited financial statements prior to the filing deadline. 


In view of the foregoing, the Corporation had made an application to the
applicable regulatory authorities for a management cease trade order ("MCTO"),
however, this application has been denied on the basis that the Corporation
fails to have a liquid market for its common shares. In view of the foregoing it
is possible that applicable regulatory authorities may issue a cease trade order
against the securities of the Corporation and the Corporation for failure to
file the appropriate financial information within the prescribed time period. 


Peter D. Graham, the current Chief Executive Officer, has also been appointed as
interim Chief Financial Officer of the Corporation, replacing Mark Suchma who
had previously resigned to pursue other business interests.


The Corporation has successfully concluded negotiations to provide solvent
reclaiming for a significant natural gas producer in Algeria. One of the
existing mobile reclaiming units in North America is expected to be deployed to
the project in the second quarter this year with start up operations expected in
the third quarter. 


CCR Technologies Ltd. purifies process chemicals and sweetens sour natural gas
through the use of proprietary patented separation technologies. The Corporation
provides environmental and economic benefits to the upstream and downstream oil
and gas industries, and is also pursuing new separation business opportunities
in other industries and international markets.


Shares of CCR Technologies Ltd. trade on the Canadian National Stock Exchange
under the symbol "CRL".


Certain statements contained in this news release constitute "forward-looking
statements" as such term is used in applicable Canadian securities laws. These
statements relate to analysis and other information that are based on forecasts
of future results, estimates of amounts not yet determinable and assumptions of
management. In particular, statements concerning possible future operations or
strategic alternative transactions, the ability of the Corporation to obtain
accurate and complete information in order to complete and file audited
financial statements within the prescribed time and the possibility of the
securities of the Corporation being cease traded and other factors and events
described in this news release should be viewed as forward-looking statements to
the extent that they involve estimates thereof. Any statements that express or
involve discussions with respect to predictions, expectations, beliefs, plans,
projections, objectives, assumptions or future events or performance (often, but
not always, using words or phrases such as "expects" or "does not expect", "is
expected", "anticipates" or "does not anticipate", "plans", "estimates" or
"intends", or stating that certain actions, events or results "may", "could",
"would", "might" or "will" be taken, occur or be achieved) are not statements of
historical fact and should be viewed as "forward-looking statements". Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of
the Corporation to be materially different from any future results, performance
or achievements expressed or implied by such forward-looking statements. These
risks include the inability of the Corporation to identify and complete a
strategic alternative transaction or to obtain accurate and complete
information, or if such information is obtained, having the resources and time
to complete and file audited financial statements within the prescribed time.
Although the Corporation has attempted to identify important factors that could
cause actual actions, events or results to differ materially from those
described in forward-looking statements, there may be other factors that cause
actions, events or results not to be anticipated, estimated or intended. There
can be no assurance that such statements will prove to be accurate as actual
results and future events could vary or differ materially from those anticipated
in such statements. Accordingly, readers should not place undue reliance on
forward-looking statements contained in this news release.


Forward-looking statements are made based on management's beliefs, estimates and
opinions on the date the statements are made and the Corporation undertakes no
obligation to update forward-looking statements and if these beliefs, estimates
and opinions or other circumstances should change, except as required by
applicable law.
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