Essex Angel Capital Inc. announced that its Board of Directors has, effective October 10, 2014, accepted the resignation of Mr. Jason Krueger as a director of the Corporation. Ms. Julie Zhu, MBA (SFU) of Richmond, British Columbia, has been appointed to fill the vacancy. In addition, the Corporation reports that Mr. David Berg has been appointed Chief Executive Officer of the Corporation, to replace Mr. Richard Galdi, who has chosen to retire as an officer of the Corporation.

Mr. Galdi will remain as a director of the Corporation.