Vancouver, B.C., Canada -- May 8, 2013 -- Carbon Friendly Solutions Inc. (CNSX: CFQ) (the "Company" or "Carbon Friendly") is pleased to report that it has accomplished the following goals in the previous six months:

• Signed a binding Letter of Intent (LOI) to build the first MicroCoal(tm) plant in Asia, to be located in Indonesia;
• Acquired 100% ownership of the MicroCoal technology;
• Completed and submitted additional patent applications for exposing solid material, such as coal and biomass, to microwave radiation;
• Granted a trademark registration on "MicroCoal" by the US Patent and Trade Mark Office;
• Entered into a consortium with a state-owned agency to apply for a funding grant to establish a European test facility;
• Appointed Dr. Isaac Yaniv, a renowned scientist and founder of MicroCoal Inc., to Carbon Friendly's Advisory Board. (He is responsible for more than 20 patents related to materials and mineral processing, including key patents on separation of contaminants from coal.);
• Established representatives in key international markets to market and sell MicroCoal in Europe, Asia, North America, and Africa;
• Recruited Mr. Robert Randall Johnson, a former Vice President of Operations and Chief Engineer at Massey Energy, as MicroCoal's Senior Project Manager. (He will oversee deployment of MicroCoal plants in Indonesia and other countries.); and
•Successfully completed coal testing for an Indonesian utility, and advanced the project to the Design Stage.

The Company intends to work diligently with parties interested in the MicroCoal technology to secure binding agreements that generate revenue. Based on the foregoing, the Company reports that it anticipates the Operating Profit to be in the range of $4 Million to $5 Million for its June 2014 year-end. In the June 2015 year-end, the Company forecasts the Operating Profit to be between $24 Million and $25 Million, reflecting increased adoption of the MicroCoal(tm) technology in key international markets.

The 2013 guidance represents initial capital expenditures for a MicroCoal plant in the USA, and license fees for Europe and Asia. The Company is in advanced discussion with utilities in Canada, USA, Indonesia, and Europe and expects to convert this interest into sales in 2013 and 2014.

Slawek Smulewicz, CEO and Director of the Company, states: "The growing interest for the Company's MicroCoal Technology is an indicator of the global need for a clean coal technology. As more MicroCoal plants are built, the majority of the Company's revenue will be driven by its MicroCoal subsidiaries, resulting in strong cash flow and enabling the Company to deliver sustainable, long-term value to its shareholders."