Innocap, Inc. Enters Into Agreement in Principle t

JEFFERSON, Texas, July 25, 2013 (GLOBE NEWSWIRE) -- Innocap, Inc. (or "Innocap") (OTCBB: INNO ) (OTCQB:INNO) has reached an agreement in principle with individuals in Indonesia to exhibit and sell in the International marketplaces ancient Chinese ceramic plates, bowls, vases and other pieces of ceramics. Innocap will receive 50% of the net proceeds generated from the sales of the porcelain. The program will start with Innocap engaging experts to examine the porcelain and verifying the origin and Chinese Dynasty to which each piece relates.

About Innocap, Inc.

Innocap, Inc. (INNO) is a marine exploration company specializing in research and development of ocean recovery projects. The Company's research has shown there are many shipwrecks around the world which contain valuable cargo. Innocap, Inc. will treat all shipwrecks with respect and have archeological assessments on each qualified shipwreck. Innocap will utilize the latest technology available to enhance salvage projects.

Forward-Looking Information

Innocap, Inc. believes that the information set forth in this News Release may include "forward-looking statements" within the meaning of the Private Securities Litigation Report Act of 1995, Section 27A of the Securities Act of 1993 and Section 21E of the Securities Act of 1934. Certain factors that could cause results to differ materially from those projected in the forward-looking statements are set forth Factors" in Part I, Item 1A of the Company's Annual Report on Form 10-K for the fiscal year ended January 31, 2013, which has been filed with the Securities and Exchange Commission.

Paul Tidwell, CEO Innocap Inc. Phone: 903-665-7371 Email: Web: www.innocap-inc.com Investor Relations Contact: Ryan Troup, Circadian Group Toll Free: 1-855-228-7336 Email: Web: www.Circadian-Group.com