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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: SSP who wrote (23252)1/29/2000 1:49:00 PM
From: Jim Bishop   of 150070
 
Steve have a look at this one as a list possible and let me know what you think. I know it's up a bunch already, but....well just have a look. They're in TO so it's a local call for you.

TORONTO--(BUSINESS WIRE)--Jan. 27, 2000--Environmental Solutions
Worldwide, Inc., (OTCBB:ESWW - news)
developer of the Enviro Cat(TM) catalytic converter is pleased to announce that it has a
secured financing. The sale of common stock in a private placement for
proceeds of US$1,000,000 was by a European consortium.

On January 26th, 2000 the company made an initial draw down of US$500,000.

The proceeds of the offering are expected to be sufficient to meet all expenditures for its
pilot manufacturing facility and meet its operating expenses for
approximately eight months.

The initial stages of the prototype manufacturing of its catalytic converter started on
January 26th, 2000, and are expected to take approximately three months until
completion.

The company intends to announce further corporate updates and manufacturing
developments on a regular basis.


For further information please contact Investor Relations: Steve Basra @ Tel:
905-947-9923 or visit: www.cleanerfuture.com Fax: 905-947-9924

The statements contained in this news release which are not historical facts contain
forward - looking information with respect to plans, projections or future
performance of the company, the occurrence of which involves certain risks and
uncertainties that could cause the company's actual results to differ materially from
expected results. Such risks include the timing of implementation and the scope and
success of the program described herein.

Contact:

Investor Relations:
Steve Basra
Tel: 905-947-9923
Fax: 905-947-9924
www.cleanerfuture.com
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