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Microcap & Penny Stocks : Environmental Remediation Hldg Corp. (ERHC)

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To: Andy who wrote (344)4/30/1998 9:11:00 AM
From: bistineau_la   of 671
 
PRESS RELEASE

Thursday April 30, 7:31 am Eastern Time

Company Press Release

ERHC Refines Investor Relations Activities

LAFAYETTE, La.--(BUSINESS WIRE)--April 30, 1998--Environmental Remediation Holding Corporation (OTC BB:ERHC - news) today announced that in an effort to refine its communications activities its has retained DeMonte Associates, a New York City-based investor relations organization and Premier Equities, a Florida-based investor relations/new media firm - both specializing in emerging growth/microcap situations.

GFC Communications will no longer represent ERHC in its communications effort, however, the Company indicated that GFC's role was vital in exposing ERHC to the investment community and is grateful for its valuable input.

Noreen Wilson, CFO, commented, ''We recognize the concerns of our current shareholder base and the importance of communicating the Company's message and potential in the most effective manner possible. With these issues in mind coupled with the tremendous activity presently occurring concerning strategic alliances, domestic and international expansion, and procurement of capital, we deemed this appropriate and in the best interest of ERHC and its shareholders.''

Environmental Remediation Holding Corporation is engaged in oil and gas production activities and environmental remediation, both domestically and internationally. This includes the development of rework of oil and gas properties, plug and abandonment services (P&A), environmental engineering and consultation, hazardous waste management (including NORM waste), non-hazardous waste clean-up, transportation and disposal, and the manufacture and distribution of waste clean-up materials.

For more information concerning ERHC, please visit the Company's website at www.erhc.com.
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Contact:

Investor Contacts:
Environmental Remediation Holding Corporation
Jim Griffin - Corporate Secretary
Noreen Wilson - CFO
516-922-4170
or
Premier Equities
Steve Larkin
800-826-8438
or
DeMonte Associates
Cynthia DeMonte
212-473-3700
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