Process Capital Corporation: Announcement

NOT FOR U.S. DISTRIBUTION

Process Capital Corporation (TSX VENTURE:POR) (the "Company") is providing an
update with respect to the previous announcement made by the Company on May 5,
2011, wherein the Company announced that it will be late in filing its audited
annual financial statements, management discussion and analysis (MD&A), and CEO
and CFO confirmations for the year ending December 31, 2010.


On May 11, 2011, the Company announced that the Ontario Securities Commission
(the "OSC") in accordance with its guidelines, has issued a Management
Cease-trade Order ("MCTO") that prohibits, effective immediately, all trading of
the securities of the Company by Robert H. Grimard, President and Chief
Financial Officer for a period of fifteen days from the date of the MCTO.


MSCM LLP, the Company's newly appointed auditors for 2010 require additional
time to complete their audit. Draft financial statements for the year ending
December 31, 2010 have now been forwarded to the Company by the auditors for
final review. The Company now expects that it will file its annual audited
financial statements, together with all other documents by May 20th, 2011.


The Company confirms that it will satisfy the provisions of the alternative
information guidelines under NP 12-203 by issuing bi-weekly default status
reports, if necessary, in the form of news releases as long as it remains in
default of the filing requirements. The Company confirms that there is no other
material information relating to its affairs that has not been generally
disclosed. 


About POR

Process Capital Corporation is an environmental technology investment company
publicly listed on the Toronto Venture Exchange (TSX VENTURE:POR). 


Statements in this release which describe the Company's intentions, expectations
or predictions, or which relate to matters that are not historical facts are
forward-looking statements. These forward-looking statements involve known and
unknown risks and uncertainties which may cause the actual results, performances
or achievements of the Company to be materially different from any future
results, performances or achievements expressed or implied by such
forward-looking statements. The Company may update or revise any forward-looking
statements, whether as a result of new information, future events or changing
market and business conditions.