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Technology Stocks : Startech Environmental (STHK)

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To: Jim Oravetz who wrote (56)8/23/2001 5:23:40 PM
From: Jim Oravetz   of 61
 
WILTON, Conn., Aug. 23 /PRNewswire/ -- Startech Environmental Corp. (Nasdaq: STHK, the
world leader in plasma waste remediation and recycling technology, announced today that it commenced
shipment of Eiko Systems Corporation's first Plasma Converter(TM) to process hazardous waste incinerator
ash and also PCBs in Fukuoka, Japan. The last container will be shipped by August 28th 2001.

Joseph Klimek, Startech Executive VP, said, "Considering the fact that the customer increased the scope
of the contract during manufacturing, we're actually a little ahead of schedule." He added, "Not only does our
manufacturing method of modular construction keep our costs down and quality up, it also makes it easy
and inexpensive to ship long distances. This means that we can manufacture anywhere and ship anywhere
in the world without the cost being a factor." Klimek, also said, "2001 has been a year of significant
milestones for Startech. They include the opening of our Demonstration and Training Center, the unveiling of
StarCell, and the StarCell Hydrogen Vehicle, positioning ourselves in the alternative energy sector, opening
our manufacturing facility and now manufacturing, assembling and shipping our sale to Eiko."

Joseph Longo, Startech President, said, "Ninety percent of the waste
incinerators in Japan fail to meet stricter environmental standards,
according to a recent Kyodo News report of a Ministry of the Environment
survey." He said, "The Plasma Converter shipped to Eiko will safely
process the ash from waste burning incinerators. Incinerator ash is
extremely hazardous and is recognized as such in the many enlightened
communities of the world. A lot of very toxic substances such as dioxins,
furans, poly-aromatic hydrocarbons (PAHs) and many products of
incomplete combustion (PICs) get concentrated in the ash. The Converter
safely destroys these hazards and turns the ash into a safe, inert, glassy
obsidian-like stone that can be used in the abrasives industry and in the
construction industry." Longo added, "Putting ash in a landfill is a primitive
and injurious environmental practice. Melted snow and rain water draining
down through the landfill produce very harmful soupy leachates that are
vectored to and corrupt aquifers in the landfill vicinity and corrupt the down-stream waters fed by the
aquifers. The PCBs will be completely and safely destroyed and converted into a clean synthesis fuel."
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