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Microcap & Penny Stocks : Environmental Safeguards EVSF

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To: jim druzbik who wrote (2)	12/2/1996 9:45:00 PM
From: jim druzbik	of 17

Wednesday November 20 9:29 AM EDT Environmental Safeguards, Inc. Realizes Initial Revenues From Colombia Contract HOUSTON, Nov. 20 /PRNewswire/ -- Environmental Safeguards Inc , announced today that OnSite Technology, its 50/50 joint venture with Parker Drilling Co , has been operating one of its new Series 6000 Indirect Thermal Desorption Units ("ITD Unit") for BP Exploration (Colombia) Ltd ("BP Colombia") since November 11, 1996. OnSite is under a one year contract to BP Colombia to remediate contaminated drill cuttings using its proprietary processes. Mr. James S. Percell, EVSF Chairman, stated, "I have just returned from the jobsite and all parties are very pleased with the performance of the Series 6000 ITD Unit. There exists a strong demand for our technology in South America and our performance concerning this contract will be very beneficial in our placing more units in this part of the world." Environmental Safeguards, Inc., through its proprietary processes, is a recycler and remediator of hydrocarbon and hydrocarbon derivative contaminated soil. SOURCE Environmental Safeguards Inc.

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