Capstone Companies Eliminates All Related Party Debt

• Paid $1.3 million of director loans and accrued interest in 2017
• Maintained $0 balance on working capital bank loans

DEERFIELD BEACH, Fla.–(BUSINESS WIRE)–#capstonecompaniesinc—Capstone
Companies, Inc. (OTCQB: CAPC) (“Capstone” or the “Company”), a
designer of innovative LED lighting solutions including power failure
lighting, today announced its 2017 strategic initiative to eliminate all
related party debt has been achieved. The Company made its final payment
towards the outstanding balance of director’s loans this week.

Mr. McClinton, Capstone’s Chief Financial Officer commented, “We are
pleased to announce a primary financial objective set forth by our
executive team has been accomplished. The Company was able to eliminate
all related party debt, totaling $1.3 million, which includes accrued
interest. By accomplishing this objective, we significantly reduced our
interest expenses during the year. Also noteworthy is that the Company
maintained a $0 year-end bank loan balance.”

Mr. McClinton added, “We are expecting 2017 record revenues.”

About Capstone Companies, Inc.

Capstone Companies, Inc. is a designer of innovative LED lighting
solutions including power failure lighting, for consumers and
institutions. The Company’s products are sold under the Capstone
Lighting and Hoover® HOME LED brands, to big box retailers,
wholesale clubs, and home improvement stores throughout North America
and in international markets. Capstone’s strategy is to utilize its
low-cost manufacturing base to provide high-quality consumer products to
its customers at a reasonable price, using primarily direct import
distribution.

Visit www.capstonecompaniesinc.com
for more information about the Company and www.capstoneindustries.com
for information on our current product offerings.

Contacts

Capstone Companies, Inc.
Aimee Gaudet, 954-570-8889, ext. 313
Corporate
Secretary