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

To: DEZERT who wrote (204)	10/14/1998 6:56:00 AM
From: ColleenB	Respond to of 718

DEZERT, I did not see the newest upgrade of the CAPSCAN at the trade show. They had recently remodeled the "bullet" shaped probe, which will now be free standing inside the UST ...and are also changing the cap a bit, too. I did see an earlier model of the cap, which is supposed to be a bit larger than the new model. The one on display was I believe 6 inches in length, the improved model should only be about 2-2 1/2 inches in length. The top screws right on top of the fill pipe, which has a diameter opening of 5inches (standard), and a slightly larger lip. The cap that I did see looked like a professionally tooled product, nothing cheesy about it. Housed inside the cap are electronic meters which will transmit a signal to the metallic "bullet", record the data and transmit the signal, with meter readings to the hand held monitor. Would somebody seeing this product think that this product is worth the $2,200 as the projected selling price? Keeping in mind that this price is for 3 caps, 3 bullets and one hand held monitor (as James Marks posted), I would answer YES!!! To be able to have 3 tanks monitored with such ease, IMO, I think that this is a very fair price and quite enticing. I say this with little hesitation because I do know associated costs with installing new UST's and clean up costs that are always associated.

To: DEZERT who wrote (204)	10/14/1998 11:49:00 PM
From: Jeffrey L. Henken	Read Replies (2) \| Respond to of 718

The value of the CAPSCAN? The CAPSCAN will be the flagship product for Environmental Digital Systems. Currently the CAPSCAN is still being shown as a hand made model only, as prototypes are being developed. The prototypes will be finished soon and they should work better, at a much lower cost, than anything any competitors are currently offering. That is not going to change. Why is that? No one else has patents, and patents pending, allowing them to place a similar device to keep inventory records through the fill pipe of a UST. $2150 buys a service station owner 4 CAPSCAN devices and a handheld computer that will make keeping inventory records and monitoring these tanks far easier than anything else available. The CAPSCAN is guaranteed for two years and a warranty agreement for a third year is apparently available. Petroleum products are highly corrosive and no method of monitoring these tanks is going to last forever but three years actually outlasts certain components of the competition products which must be replaced at a much greater cost. In fact the cost of replacing one single probe installed by one of the competitors products could run as much as 4 CAPSCANs. The competition has to replace these probes on an average of one probe for every tank after two years. So you see when the competition sets up a monitoring system for one tank it costs 3 times as much for an initial installation than for 4 CAPSCANs. Then when it's time to replace that single probe you could buy four more CAPSCANs. I talked to Jim Crehan again today and I remain convinced we have a great investment here in EVDS. The Atlanta show was another huge success for the company. It's true that the prototypes are not yet done but they will be soon. You see the company's engineers are designing several incarnations of the CAPSCAN device and ultimately these new designs will be hugely successful. The company's presence in at the Atlanta show has resulted in even more pre-orders. It's true that these cannot be considered purchase orders because everyone wants to see the finished product. It's my opinion that interest in this product will only increase once the prototypes are done in the very near future. There is a very real need for this product. After all, in my opinion, there really isn't any competition at any price. Regards, Jeff