KBF to Test New Large-Scale Recycling Process

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KBF to Test New Large-Scale Recycling Process

NEW JERSEY, ATERSON, Jul. 31 -/E-Wire/-- KBF Pollution Management, Inc. (OTC Bulletin Board: KBFP; "KBF") announced its plans today to begin performance testing in August of a new proprietary recycling and mining process at KBF's New Jersey based Recycling and Commodity Manufacturing Center. The new process is expected to greatly enhance both the value and the yield of the metallic commodities KBF recycles and mines from industrial hazardous wastes with its patented technologies.

KBF's technologies cost-effectively recycle, reuse and mine industrial hazardous wastes -- at the price point of disposal, and are the only cost-effective and environmentally beneficial alternative to land disposal and incineration today. KBF provides the service of recycling hazardous wastes (for which KBF charges a tipping fee) from which KBF mines metallic commodities (which KBF then sells). Industrial hazardous wastes are generated by a vast array of manufacturing processes in many industries including chemicals, ceramics, aerospace, pharmaceuticals, telecommunications, electronics, automotive, food products, munitions, metal finishing, optics and plastics.

Historically, about 90% of KBF's annual recycling revenues derived from the tipping fees associated with KBF's recycling services, while only 10% derived from KBF's sale of the recycled metal products. KBF's new process is expected to shift this service to product ratio from 90:10 to 75:25 on increased revenue -- the new process has been engineered to simultaneously increase the value of KBF's existing metal products and decrease the costs associated with recycling and mining those products and will therefore increase the current revenue and profitability of KBF's overall operation. The new process is itself projected to generate in excess of $5,000,000 in new annualized service and product revenue as the process is brought up to full production over the next twenty-four months. The new process is the result of almost three years worth of engineering and development and has taken in excess of $2,000,000 dollars to complete.

Kevin Kreisler, KBF's president, said, "We are very excited by the possibilities that this new process will afford us moving forward. Not only will we increase earnings on increased revenue the moment we commence processing, but we will also increase our ability to mine commodities from a wider array of industrial hazardous wastes. The metallic commodities that we mine from these industrial ores will represent a significant source of accretive revenue and earnings growth for KBF, particularly as we increase our production beyond current levels, and as we continue to integrate still more production capabilities engineered to increase the value of our metal products."

Providing guidance on KBF's upcoming earnings announcement, Kreisler added "While many of our customers across several sectors of the economy are generating and shipping decreased volumes of hazardous waste due to general economic conditions, we have increased our customer base substantially due to our ongoing joint venture and direct sales initiatives. Demand for KBF'srecycling services and metal products also continues to recover from the production of historically low volumes of hazardous waste industry-wide in the first quarter and the early part of the second quarter this year. Accordingly, we expect to post an estimated 25% increase in recycling sales for the six months ended June 30, 2002 as compared to the same period last year."

About KBF Pollution Management, Inc.

KBF is a growth-stage company that is establishing itself as the premier recycling services provider in the nation. KBF's Paterson, New Jersey flagship recycling and commodity manufacturing center has been designed for the large-scale application of KBF's Selective Separation Technology(TM) ("SST(TM)") (U.S. Pat. Nos.: 5,753,125; 5,908,559; 6,254,782) and other patent-pending and proprietary resource recovery technologies. These process technologies separate, remove and recover a wide range of metals from liquid and solid wastes as well as other production and manufacturing media. Use of SST(TM) and its related processes enables KBF to competitively recycle a much broader array of hazardous and non-hazardous waste than any other recycling service provider that exists today. Wastes managed with KBF's technologies become products that are comparable and superior to the quality of virgin ore material extracted from the ground. Use of KBF's technologies eliminates the federally mandated 'cradle-to-grave' liability for which a waste generator would otherwise remain perpetually liable. KBF's technologies apply to manufacturing, industrial and municipal waste processes that contain metals or otherwise produce a metal bearing waste by-product. KBF also provides regulatory compliance support services to its customers and is developing an environmental services business-to-business site called TSDonline.com(TM).

Safe Harbor Statement

The foregoing discussion contains forward-looking statements that are based on current expectations. Actual results, including the timing and amount of anticipated revenues, may differ due to such factors as: regulatory delays; dealings with governmental and foreign entities; economic and other conditions affecting the financial ability of actual and prospective clients; and, other risks generally affecting the financing of projects. Additional risks associated with KBF's business can be found in its Annual Report on Form 10- KSB for the year ended December 31, 2001, and other periodic filings with the SEC. KBF Pollution Management, Inc. trades on the over the counter bulletin board maintained by the NASD under the symbol "KBFP."

KBF Pollution Management, Inc.

KBF Pollution Management, Inc.,

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http://www.kbf-pmi.com

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