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Technology Stocks : Startech Environmental (STHK)

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To: majaman1978 who wrote ()4/29/1998 7:59:00 AM
From: JohnO   of 61
 
More positive news for STHK. Their alliance with Burns & Roe Enterprises adds considerable credibility to STHK future. I'm not familiar with Foster Miller Corp.. I'll have to do some research to gather information concerning them. My assumption is that Burns & Roe wouldn't allow them to be part of the team if they weren't up to the task.
So here's the news release.

Wednesday April 29, 5:55 am Eastern Time

Company Press Release

SOURCE: Startech Environmental Corp.

Startech Chemical Weapons Demil Team Receives Demonstration
Preparation Contract Award from Army

WILTON, Conn., April 29 /PRNewswire/ -- Startech Environmental Corp. (OTC Bulletin Board: STHK - news), a fully
reporting company, announced today that its Plasma Waste Converter(TM) Demil Team, also comprised of Burns and Roe
Enterprises, Inc. and the Foster Miller Corp., has received the demonstration preparation contract award from the U.S. Army
Chemical and Biological Defense Command.

Joseph Klimek, VP of Burns and Roe said, ''We're delighted with the award, and especially that the team has been given the
Test Facility at Aberdeen Proving Ground for our demo program. It's our view that it's center stage, and its proximity to
Washington, DC makes it easy to show visitors from Congress and the beltway a non-incineration, highly automated industrial
scale Plasma Waste Converter system in action.''

The Demil (Demilitarization) Program must safely and irreversibly destroy the U.S. Stockpile of Chemical Warfare Weapons of
mass destruction located at eight sites in the United States and one on Johnston Island, about 1000 miles southwest of Hawaii.
Among the many lethal weapons in the Army's Stockpile is the deadly nerve agent VX that Saddam Hussein has recently
brought to the world's attention as his weapon of choice. Stockpile munitions also include large amounts of energetics
(explosives and propellants) that must also be safely and irreversibly destroyed. All of the weapons at all of the sites must be
destroyed by the 2007 CWC Treaty deadline. Each plant must then be decommissioned.

The principal chemical warfare agents are VX, GB and Mustard. The munitions include rockets, land mines, mortars,
projectiles, bombs, spray tanks and ton containers. The Stockpile also includes other hazardous wastes generally referred to in
the Program as dunnage.

Burns and Roe Enterprises Inc., a private engineering company, of Oradell, NJ, is the only company in the country to have
actually designed, built, operated and decommissioned an Army Chemical Warfare Destruction plant. That plant, in Arkansas,
processed the chemical warfare weapons containing the agent called BZ, an extremely nasty hallucinogen. Burns and Roe has
the contract to design the multi-billion dollar Tritium Production Plant for the U.S. government. It has decades of experience
designing and building power plants and waste processing plants throughout the world. Burns and Roe will also be designing
and building Startech Plasma Waste Converter Resource Recovery Centers (PWCRRCs)(TM) for Startech non-government
con tracts.

Foster Miller Inc, of Waltham, MA, is a private engineering company with diverse and innovative design experience and with
extensive experience in material handling and robotic systems for production processes such as those employed in the Demil
Program.

Joseph F. Longo, president of Startech said, ''The Demil Program is just one part of Startech's market. And, while the
Program's schedule requires everyone to move at a very high speed, it won't detract from our commercial business which is our
main business.''

A recent estimate by the Army has put the cost of the U.S. Chemical Warfare Weapons Stockpile Destruction Program at
about 16 billion dollars.

SOURCE: Startech Environmental Corp.
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