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Microcap & Penny Stocks : EVDS Environmental Digital Services, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: ColinD who wrote (11)	9/9/1998 1:06:00 PM
From: Jeffrey L. Henken	Respond to of 718

Environmental Digital Services, Inc. Announces Formation of Advisory Board PALM BEACH GARDENS, Fla., Aug. 17 /PRNewswire/ -- James P. Crehan, Sr., Chairman of the Board of Environmental Digital Services, Inc. (OTC Bulletin Board: EVDS - news; EDSi), a publicly traded, high technology-based provider of tank monitoring, leak detection and risk management solutions, announces the formation of EDSi's Advisory Board. The function of this Board will be to advise management on implementing strategies that have been successful in advancing the Board members' previous companies. Mr. James Bartel, formerly Texaco General Manager, International Marine, as well as Texaco's senior representative to Aramco, has agreed to be the first member of the Board, as well as serving as its Chairman. EDSi has also announced that James J. Karikas has been appointed to the position of National Sales Director. He will draw deeply upon his twelve years of experience as National Sales Manager for the Sherwin-Williams Company [NYSE:SHW - news] in developing a national sales force for EDSi. Five of the twelve Regional Managers are already in place. EDSi has separately announced the formation of EDSi Construction and Remediation, Inc., a wholly owned subsidiary. This resource for tank owners is led by Daniel Hoobler, Art Theriot and Thomas Bliss, a seasoned management team of environmental contracting professionals. The team expects to continue on with prior long-term successful relationships with such significant clients as FP&L, Dames & Moore, CSR Rinker, Barnett Bank and Port of Palm Beach. Mr. Dan Hoobler, President of the new subsidiary, is proud to announce being awarded a contract for all underground fuel systems, including islands and dispensers for 50 new stations being constructed as a joint venture of a major fast food chain and a major oil company, for an estimated revenue flow of $4.5 million over the next two years. Questions regarding EDSi or EDSi Construction and Remediation, Inc. may be directed to William Wolters, Executive Vice President, EDSi. biz.yahoo.com I realize this is old news but it is a $4.5 million dollar contract. Notice the potential ties to Texaco. Also notice that 50 service stations could easily translate into Capscan devices for an entire chain of service stations. I am not suggesting that this deal is with Texaco but a deal with Texaco in the future is certainly not out of the realm of possibilities. Anyway, I do believe there will be more good news soon. Regards, Jeff

To: ColinD who wrote (11)	9/10/1998 6:31:00 PM
From: Jeffrey L. Henken	Respond to of 718

EVDS Financial Projections for 1998: These projections are based on the company having a working product in the field for almost four years (at a Texaco service station), strong major oil company interest for the CAPSCAN product, and a $4.5 million order for tank installation (8/17/98). 100 of the manufactured prototypes will be available by the middle of September, CAPSCAN orders should follow quickly, and initial deliveries are scheduled for early December, 1998. EVDS estimates that initial orders could be in the 5,000 to 10,000 unit range. Using a more conservative conservative number of just 3,000 CAPSCAN (and associated products) units sold in 1998 it can be estimated that EVDS will be able to book $2.5 million in sales this year plus an additional $0.5 million in revenues from the Construction and Remediation arm of the company for a total of $3.0 million. Gross margins are very high, estimated to be to be 79% for the year. Expenses have been under tight control, other than engineering expenses which should be about $400,000 for the year. This leads to a pre-tax profit estimate of $935,000 for 1998. There will be no taxes on that as the company has a $1.7 million NOL, leading to an EPS estimate of $0.06 for 1998, all of which is expected to fall in the fourth quarter. Regards, Jeff