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Microcap & Penny Stocks : ENVIRO-ENERGY (ENGY) -- Ignore unavailable to you. Want to Upgrade?

To: BlueCheap who wrote (1)	11/15/2001 1:28:53 PM
From: Dorine Essey	Respond to of 43

ENVIRO-ENERGY CORP. RELEASES ON TARGET THIRD QUARTER RESULTS BUSINESS EDITORS SPOKANE, WASH.--(BUSINESS WIRE)--NOV. 15, 2001--ENVIRO-ENERGY CORP. (OTCBB:ENGY) (GERMANY: 676401-EVM.BER) -------------------------------------------------------------------------------- SPOKANE, Wash.--(BUSINESS WIRE)--Nov. 15, 2001--Enviro-Energy Corp. (OTCBB:ENGY.U) (Germany: 676401-EVM.BER) (http://www.enviro-energycorp.com) is pleased to announce its third quarter results meeting company plans. -0- T Three months ended Nine months ended Sept. 30, Sept. 30, U.S. dollars 2001 2000 2001 2000 Revenues $2,993,442 $25,514 $4,573,208 $143,298 EBITDA(a) 248,501 (110,827) 150,640 (217,117) Net loss (73,432) (146,936) (535,397) (322,897) Loss per share (0.0003) (0.0061) (0.0029) (0.0135) (a) EBITDA is calculated after minority interests T "We are pleased with this performance," stated Galen Loven, chairman of Enviro-Energy Corp. "Earlier this year, we forecasted a modest profit for the third quarter. Despite investing heavily during this period in our new venture Enviro-Energy Waste to Energy Systems, we show a strong improvement in EBITDA. With allowances for various one-time expenses related to company growth activities, and the costs of starting a new business group, we would have posted a quarterly profit. Sales of $3,000,000 were very close to forecast, with approximately $200,000 of unrecorded billings spilling into the fourth quarter due to construction scheduling. Overall work flow remains on target. "We intend to continue to drive the launch of our new waste to energy system during the fourth quarter, while maintaining ongoing remediation work as long as weather permits. We further intend to re-visit our merger and acquisition plans as market and capital conditions stabilize." Enviro-Energy Corp. is a consolidator and operator of environmentally related businesses. Acquisitions and internal growth focus on energy, air, and water sectors. The company expects to sustain growth through its aggressive roll up strategy, internal synergies and the deployment of its ENVIRO-ENERGY systems throughout the world. Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risk and uncertainties, including without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence on third party suppliers, intellectual property rights and the other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission Fair Disclosure Regulation, effective, October 2000. --30--mtb/la* rj/la CONTACT: Enviro-Energy Corp. Galen Loven, 509/921-9150 E-mail: gdl@morals.net Web site: www.enviro-energycorp

To: BlueCheap who wrote (1)	2/5/2002 12:23:43 PM
From: Dorine Essey	Read Replies (1) \| Respond to of 43

ENVIRO-ENERGY CORPORATION SUBSIDIARY, ENVIRONMENTAL RECLAMATION, INC., RELEASES 2002 BUSINESS OUTLOOK BUSINESS EDITORS SMELTERVILLE, IDAHO--(BUSINESS WIRE)--FEB. 5, 2002--ENVIRONMENTAL RECLAMATION, -------------------------------------------------------------------------------- 10:30 ET SMELTERVILLE, Idaho--(BUSINESS WIRE)--Feb. 5, 2002--Environmental Reclamation, Inc., (ERI) a subsidiary of Enviro-Energy Corporation (OTCBB:ENGY.U)(Germany:676401-EVM.BER) today released their backlog for 2002 with upgraded estimates for the year. "Current backlogs and 'in hand' contract activities are expected to generate a minimum of $11,850,000 for the calendar year 2002, a decided increase over last year at this time," states Donald Tulloch, President of ERI. "We are pleased with this opening position for the year as experience has shown that we can leverage into much higher performance as the year progresses. "We have a number of exciting opportunities ahead of us, both in Europe and the United States, which are not part of this backlog. In addition, the acquisition of Colvico, Inc. by our sister company, Energy Flow Management, Inc. will establish new markets for ERI's environmental expertise. "This year we also expect to benefit from our preparatory work in Nevada and Arizona, providing the company with ongoing business through the traditionally slow winter months. The extra work should significantly increase revenues and profits as we allocate normally idle resources to these southern markets for winter work. We will also focus on work to come from the Federal Government's expanded support for Brownfield clean up and remediation. "With evidence of increased activity by the Environmental Protection Agency (EPA), Department of Energy (DOE) and other major clients of our company, we expect 2002 to show strong improvement in both revenue and margins, thereby contributing to the next round of growth for Enviro-Energy Corporation." Enviro-Energy Corporation is a consolidator and operator of environmentally related businesses. Acquisitions and internal growth focus on energy, air, and water sectors. The Company expects to sustain growth through its aggressive roll up strategy, internal synergies and the deployment of its ENVIRO-ENERGY(TM) systems throughout the world. Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risk and uncertainties, including without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence on third party suppliers, intellectual property rights and the other risks detailed from time to time in the company's periodic reports filed with the Securities and Exchange Commission Fair Disclosure Regulation, effective, October 2000. --30--MRA/la* HB/la