Biocure Technology Inc. announced that effective immediately, Mr. Konstatin Lichtenwald will be assuming the role of CFO and has also been appointed as a director of Biocure Technology Inc. Ms. Julie Hajduk is resigning from the Board effective immediately. She will continue working with the Company on a consulting basis. Mr. Lichtenwald specializes in providing corporate finance, valuation, taxation, financial reporting, consulting and other accounting services to both small businesses as well as public commodity resource companies.

Mr. Lichtenwald also assists in many aspects of clients' administration, financing and other activities. Mr. Lichtenwald also worked at Ernst & Young GmbH, Germany, in the assurance department. Mr. Lichtenwald has had extensive experience as a controller and CFO of numerous publicly traded and private corporations in several industries.

Mr. Collin Kim will be stepping down from his role of CFO effective immediately, but will continue to serve as a director of the Company.