Former PepsiCo Senior Executive Len Schutzman Appointed as Consultant to Olie

Marketwired

VANCOUVER, BC--(Marketwired - Apr 2, 2013) - Olie, Inc. (OTCQB: OLIE) ("Olie" or the "Company") announced today that Len Schutzman, former PepsiCo SVP, has joined the Company as a Consultant to the Board of Directors. "We are excited to welcome Len's expertise to our Company," stated Robert Gardner, President of Olie, Inc. "Len is well known as a tenured executive throughout the public markets with his Director status on the boards of five publicly traded organizations. His proficiency in corporate governance, business development and international relations will be an invaluable asset to our management team."

Management reports that Mr. Schutzman has a global reputation in the technology sector as well as key relationships with retailers and distributors around the world. The Company anticipates securing further U.S. and International distribution contracts following the addition of Schutzman to the Company's Board.

For more information about Olie, Inc. please visit http://www.olietech.encansol.com/ or the Company's Twitter page at https://twitter.com/Olietech or Facebook at https://www.facebook.com/pages/olietechcom/131884303656048.

About Olie, Inc.
EnCanSol/Olie, Inc. (Olie) is a company focused on emerging, clean energy storage technologies. Olie owns world-wide rights to the patented Rechargeable Alkaline Manganese (RAMCELL) battery technology -- considered one of the most cost effective and environmentally responsible battery technologies in the world.

Safe Harbor Statement
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:

Robert C. Gardner
Phone: 604-669-9000
E-mail: Email Contact

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