Redishred Capital Corp. announces new appointment

MISSISSAUGA, ON, July 18, 2011 /CNW/ -- 
MISSISSAUGA, ON, July 18, 2011 /CNW/ - Redishred Capital Corp. (TSX.V -
 KUT) ("Redishred" or "Company") is pleased to announce the appointment
 of Mr. Andrew Parry as its Vice President of Operations. Mr. Parry has
 been Redishred's Director of Marketing and Training since joining the
 Company in 2008.


Mr. Parry has been involved with the Company's Proshred brand since
 2005, and has been instrumental in creating the various sales and
 marketing tools that have driven the Company's consistent sales growth
 over the last 6 years.  Mr. Parry has also been involved in marketing
 and sales roles with Two Men and a Truck Canada, a National moving
 franchise, and BWyze Inc., a leading boutique IT consulting and
 staffing firm as well as other fortune 500 companies such as Bell
 Mobility, Microsoft Canada and PriceWaterhouseCoopers. Mr. Jeffrey
 Hasham, the Company's Chief Executive Officer commented that "we at
 Redishred are excited that Andrew is leading the operations area for
 the Company. Andrew has an excellent track record of initiating and
 executing programs that drive sales and bottom line results for
 franchisees and corporate operations, we are excited at the prospect of
 Andrew being part of Redishred's senior management team, and we are
 looking forward to him contributing new and creative ideas that deliver
 bottom line results."


Mr. Timothy Tibbs, will be stepping down as the Company's Chief
 Operating Officer effective immediately. The Company would like to
 thank Mr. Tibbs for his many years of service with the Proshred brand,
 and we wish him all the best in his future endeavours.


Redishred Capital Corp. is the owner of the PROSHRED® trademarks and intellectual property in the United States. PROSHRED® shreds and recycles confidential documents and proprietary materials
 for thousands of customers in all industry sectors. PROSHRED® has 19 locations across the United States, three are corporately owned
 and operated by Redishred Capital Corp, and the remaining 16 locations
 are owned and operated by franchisees.  Redishred also has licensed the
 PROSHRED® and REDISHRED platform in the Middle East.


PROSHRED® is a pioneer in the mobile document destruction and recycling industry
 and has the ISO 9001:2008 certification. It is PROSHRED®'s vision to be the "system of choice" in the provision of 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.


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p Redishred Capital Corp. (TSX.V - KUT)br/ Jeffrey Hasham, MBA, CAbr/ Chief Executive Officerbr/ a href="mailto:[e-mail]"[e-mail]/abr/ a href="http://www.redishred.com"www.redishred.com/abr/ Phone: [phone] Fax: [phone] /p p or, /p p Redishred Capital Corp. (TSX.V - KUT)br/ Kasia Pawluk, CAbr/ Chief Financial Officerbr/ a cr="true" href="mailto:[e-mail]"[e-mail]/abr/ a href="http://www.redishred.com"www.redishred.com/abr/ Phone: [phone] Fax: [phone] /p 

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