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To: Bob Frey who wrote (3230)	5/21/1998 10:13:00 AM
From: Adivino	Respond to of 25711

Do some DD on this company. VALE Thursday May 21, 9:23 am Eastern Time Company Press Release Valley Systems Inc. Announces New Contract With FirstEnergy Corp. CANAL FULTON, Ohio--(BUSINESS WIRE)--May 21, 1998--Valley Systems Inc., listed on the Nasdaq Stock Market (NASDAQ:VALE - news), today announced that the company has been chosen to be the primary provider of vacuum and hydroblasting services to all of the FirstEnergy Corp. [NYSE:FE - news] power generation plants. FirstEnergy, a diversified energy services holding company headquartered in Akron, Ohio, was formed by the 1997 merger of Ohio Edison Co. and Centerior Energy Corp. FirstEnergy's four utility operating companies -- Ohio Edison, its subsidiary Pennsylvania Power, The Illuminating Company, and Toledo Edison -- comprise the nation's 12th largest investor-owned electric system. Valley Systems had previously provided hydroblasting services to the Ohio Edison and Pennsylvania Power plants. The new contract, which begins in June 1998 and lasts for three years, will provide an estimated $3 million of additional revenues to Valley Systems annually. Ed Strickland, president and chief executive officer of the company, stated, ''We are extremely pleased to be selected as the primary provider of vacuum and hydroblasting services to one of the world's premier energy companies. We have worked for some time with Ohio Edison and Pennsylvania Power, and we look forward to providing the same reliable, innovative and cost-effective services to The Illuminating Company and Toledo Edison plants.'' Valley Systems provides specialized cleaning and other services to industry and businesses through the use of ultra high pressure water jet technology, as well as hydroblasting, vacuum, and other procedures. With over 25 years experience in providing quality services to industry, the company has 20 offices nationwide and over 400 employees. Forward-looking statements contained in this news release are based on current expectations that are subject to a number of uncertainties and risks. Actual results may differ materially. Further information on these risk factors can be found in the company's Form 10-K dated Sept. 22, 1997, which is available from the Securities and Exchange Commission, the company, and other sources. ------------------------------------------------------------------------ Contact: Valley Systems Inc. Dennis D. Sheets, 330/854-4526