West Mountain Capital Corp. Completes Fabrication of its First TPS Unit in China, January 5, 2012

WEST MOUNTAIN CAPITAL CORP. NEWS RELEASE FOR IMMEDIATE RELEASE West Mountain Capital Corp. Completes Fabrication of its First TPS Unit in China

Calgary, Alberta - January 5, 2012 - West Mountain Capital Corp. ("the Company" or "WMT") today announces that its 100% owned subsidiary Phase Separation Solutions Inc. ("PS2") completed the fabrication of its first Thermal Phase Separator (TPS) unit in Nanjing, China.
Under our Strategic Cooperation Agreement with the Nanjing Institute of Environmental Science ("NIES") the Company jointly committed to sharing the cost of the TPS unit fabrication on an equal basis. This tremendous undertaking for a China-based fabrication began in early 2011, and before commencing involved the development of a process to choose a local fabricator and other specialized contractors in China, translate all TPS engineered drawings into Chinese and convert all drawing measurements from imperial units to metric. "I am very pleased with the effort of our TPS personnel both in Canada and China," said Paul Antle, President and CEO, "they have had some big challenges integrating into the Chinese culture but have adapted and done so very successfully".
In the months ahead this commercial scale TPS unit will be used in China to demonstrate its effectiveness to treat soil contaminated with Persistent Organic Pollutants (POPs) such as pesticides and other organic chemicals. The TPS unit has a capacity to treat approximately 30,000 tonnes of soil per year and, based on its modular design, can be expanded to treat approximately 60,000 tonnes per year.
"We are very pleased to have completed the fabrication of our first TPS unit in China and we are excited to move into the demonstration phase of our agreement with NIES" said Antle. "We expect to mobilize our TPS unit to the designated demonstration site immediately following the Spring Festival holiday (Chinese
New Year celebrations) scheduled to begin on January 23rd, 2012. Personnel from the Company's
Canadian soil treatment operation in Saskatchewan will be onsite in China to assist with the mobilization and then again for the factory acceptance testing, commissioning and operation of the unit."
The demonstration site is located in Suzhou, Jiangsu province. Following the Spring Festival holiday, on or about February 13th, the TPS unit will be completely installed at Suzhou and a full factory acceptance test undertaken before being commissioned. Once commissioned, PS2 and NIES will begin the
demonstration using POPs contaminated soil from the Suzhou area. Approximately 2,000 tonnes of POPs contaminated soil has been stockpiled and will be treated during the demonstration after which all data will be analyzed and reported. The Company expects the demonstration to be completed by July
2012. Following the successful demonstration phase the TPS unit is expected to be employed for commercial operations in Jiangsu province.
"This is a major milestone for our Company and our Chinese partner" said Antle, "we have progressed a great deal in China and now is when the rubber hits the road." Under the 2010 Strategic Cooperation Agreement with NIES the parties contemplate forming an equal equity Sino-foreign joint venture company subject to the satisfaction of the TPS demonstration.

About Phase Separation Solutions:

PS2 is an established Canadian environmental solutions company specializing in the thermal treatment of a variety of hazardous and non-hazardous waste streams. It employs a unique indirectly heated, closed
loop technology that allows it to extract even the most hazardous contaminants from soil, industrial sludge and waste converting much of it into reusable oil and synthetic natural gas that it uses to sustain the
process. This methodology offers significant opportunity for greenhouse gas reduction over traditional
hazardous waste destruction technologies. PS2's management team maintains expertise in hazardous waste management and contaminated site remediation with experience spanning North America and internationally throughout 14 countries.

About NIES:

The Nanjing Institute of Environmental Sciences of the State Environmental Protection Agency, Ministry of Environmental Protection (MEP) for the People's Republic of China is a key technical provider for
policies, legislation, action plans and technical guidelines on biodiversity conservation in China, with research areas in rural environmental protection, nature conservation and biodiversity protection. NIES
carries out research on rural ecology, nature conservation, pollution prevention of township and village
enterprises and agriculture chemicals. NIES undertakes key national research programs and scientific research projects on the rural environment and provide scientific basis and technical support for the management of rural environments and nature and ecological conservation while assisting in the formulation and implementation of relevant action plans.

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue",
"estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. More particularly
and without limitation, this news release contains forward looking statements in respect of the testing of
the TPS unit in China, the volume of soil to be processed under its Strategic Cooperation Agreement in China and in general all soil volumes whether domestic or international from any source. The forward- looking statements and information are based on certain key expectations and assumptions made by West Mountain, including expectations and assumptions concerning the plan to be awarded contracts to treat such material. Although West Mountain believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward looking statements and information because West Mountain can give no assurance that they will prove to be correct.
Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the risks associated with the removal and treatment of POPs contaminated soils in general, attempting to secure work, the uncertainty of estimates and projections relating to the value of the contract, health, safety and environmental risks, transportation costs, environmental risks, failure to realize the anticipated benefits of the contract, failure to obtain required regulatory and other approvals, and changes in legislation, including but not limited to environmental regulations, and risks associated with doing business in China. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements and information contained in this news release are made as of the date hereof and West Mountain undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
For Inquires Contact:
Mr. Paul Antle, President and CEO Tel: [phone]
Email: [e-mail]
Web: http://www.phaseparation.com
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