Mr. Rene A. Ibarra Welcomed to ITOCO’s Technical Management Team - blue-slky-cactus-field

ITOCO Welcomes Mr. Rene A. Ibarra to its Technical Management Team, Carbon Credits

ITOCO INC. (OTC PINK:ITMC) is pleased to announce that Mr. Rene Ibarra has joined the firm’s Technical Management Team, Carbon Credits and Capture.

Previously, he has been accredited as a leading verifier by the Climate Action Reserve to verify Carbon Capture projects under the standard of the Mexico Forest Protocol since 2016, participating in the evaluation of 48 projects developed in the State of Mexico, Mexico City, Puebla, Oaxaca, Veracruz, Hidalgo and Durango under the Mexico Forest Protocol. He also participated in national and international forums such as the North American Carbon World conference in its editions from 2017 to 2019, the year in which he was the recipient of the CARROT award granted by the Climate Action Reserve to its most outstanding partners and collaborators for promoting and encouraging the establishment of forest Carbon sequestration projects in Mexico.

Additionally, he worked as Coordinator of Forest Communities for WRI Mexico’s CO2munitario project; coordinating the implementation of projects at the national level and contributing its experience in the training of personnel in site and in the integration of evidence of compliance with social and environmental safeguards, distribution of benefits, calculation of removals and the eligibility and additional criteria of the Mexico Forest Protocol.

Mr. Ibarra also worked as a Specialist in Certification of National and International Standards focused on the sustainable management of natural resources, in the Association of Normalization and Certification A.C.

Further, he served as a Certification Engineer for the evaluation of the NMX-AA-143-SCFI-2015 for the sustainable management of forest resources; standard in which he led the works of certification of 156 forest properties in 13 states of the republic, managing to certify 914, 720 hectares until 2019. He was also a leading verifier in the NMX-AA-170-SCFI-2016 for the certification of forest nurseries; NMX-AA-169-SCFI-2016 for the establishment of production units and forest germplasm management and as Substitute Technical Manager of the Verification Unit, accredited by the Mexican accreditation entity for the evaluation of the NMX-AA-144- standards. SCFI-2008 and NMX-N-107-SCFI-2010 related to the sustainable production and free of elemental chlorine of paper.

Mr. Ibarra is a key addition to the existing team currently updating various agreements to amalgamate Nopal Cactus Farms and related assets in Mexico and elsewhere for the purpose of creating commercial products including foods, renewable bio-energy products, and Carbon Credits.

The Nopal cactus has unique and significant Carbon reducing properties which will be discussed in upcoming releases.

“We are very excited by the potential that ECAPFIN’s technology and assets have in the green Bio-Tech space. We plan to leverage the Nopal plant’s unique properties into several strong products that have significant environmental and land reclamation properties,” said Michael Paul, CEO of ITOCO.

ITOCO will shortly announce several Board appointees relative to this announcement as well as a detailed and dedicated web page section related to this acquisition.

About ITOCO INC.

ITOCO’s mission is to be a global leader in developing, distributing, and producing Bio Tech related technologies and methodologies in a compliant environmentally friendly manner. ITOCO INC. trades on the OTC Markets, symbol: ITMC. ITOCO is a 13-year-old publicly quoted specialty Bio Tech development, production and distribution company based in Toronto, Canada and Nevada USA. Itoco seeks to partner with outstanding individuals and companies within this field to joint venture, research, and co-develop Bio Tech related products and technologies to the market.

About ECAPFIN S.A.P.I DE C.V.

ECAPFIN is creating an effective solution for the capture and processing of CO2 as well as to generate clean energy from Nopal Cactus. Designed, developed, tested, it is a surprisingly profitable solution. In additional, the carbon sequestration achieved by the nopal cactus plantations results in biological carbon sequestration. Because cactus transform CO2 into calcium carbonate rather than storing CO2 into its biomass and that the captured CO2 is injected into the ground through root system of the plant, this type of carbon capture and storage can be assimilated to a permanent sequestration and, therefore, lead to the allowance of carbon offsets. Eco-Plan PLC is conceived to globally exploit the “Nopaltilla technology” under the name Eco-Plan to capture in a highly efficient way the CO2 emitted by industry and fossil fuel, therefore benefiting the environment and ecosystems. The team of Scientist is committed worldwide to climate protection through implementation of the Eco-plan technology and the offsetting of greenhouse gas emissions.

Forward-Looking Statements

This release contains forward-looking statements. Forward-looking statements, without limitation, may contain the words believes, expects, anticipates, estimates, potential, intends, plans, hopes, or similar expressions. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions and actual results could differ materially from those anticipated. Forward looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.

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