Environmental Solutions Worldwide
Retains The Wall Street Group, Inc. as Financial Public Relations
Counsel
RICHMOND HILL, Ontario--(BUSINESS WIRE)--May 4, 2000--
Environmental Solutions Worldwide, Inc. (OTCBB:ESWW), the developer of
a high-performance environmentally friendly catalytic converter and
spark plug technology, announced today that it has retained the
financial public relations services of The Wall Street Group, Inc.
Founded 40 years ago, The Wall Street Group, based in New York City,
is the oldest firm of its kind specializing in developing investment
community sponsorship for the shares of growth companies.
"As we move out of the development stage and begin producing
prototypes using our new next generation catalytic converter and spark
plug technologies, The Wall Street Group's expertise will be
invaluable as our Company seeks opportunities for financing expansion
and future growth," stated Bengt Odner, Chief Executive Officer of
Environmental Solutions Worldwide. "The firm's excellent reputation
within the U.S. financial community will enable our Company to
increase investor awareness and visibility, particularly among
institutional investors."
Environmental Solutions Worldwide, Inc., through its wholly-owned
BBL Technologies, Inc., subsidiary, is a developer of proprietary
catalytic converter technology used in its prototype Enviro Cat(TM)
catalytic converter, which is designed to dramatically reduce toxic
emissions, including nitrous oxide, expelled by internal combustion
engines. The converter requires no precious metals in the
manufacturing process, making it less expensive to produce. The
technology enables catalytic converters to operate on all three fuel
types, unleaded, diesel and leaded. The Company also has developed a
new, highly efficient spark plug with the potential of increasing the
efficiency of internal combustion engines, reducing toxic emissions
while increasing fuel economy.
Environmental Solutions holds Canadian
patents and U.S. patent pending on its technology and is in the
process of obtaining worldwide patent protection. For additional
information about the Company's new spark plug and catalytic
converter, please call Bengt Odner, CEO, or Mark Nicole, COO, at
905/947-9923.
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995 (the
"Act"). In particular, when used in the preceding discussion, the
words "plan," "confident that," "believe," "expect," or "intend to,"
and similar conditional expressions are intended to identify
forward-looking statements within the meaning of the Act and are
subject to the safe harbor created by the Act. Such statements are
subject to certain risks and uncertainties and actual results could
differ materially from those expressed in any of the forward-looking
statements.
Such risks and uncertainties include, but are not limited
to, market conditions, general acceptance of the Company's products
and technologies, competitive factors, the ability to successfully
complete additional financings and other risks described in the
Company's SEC reports and filings.
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CONTACT: Environmental Solutions Worldwide, Inc.
Bengt Odner, 905/947-9923
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