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This press release was originally distributed via the eWire press wire service (2002–2016). It is preserved here as a historical record.

Startech Environmental Receives $1,000,000 Progress Payment For First Plasma Converter Installation in Japan

ARCHIVED 2002–2016: Originally distributed via the eWire press wire service. Preserved as historical record.

Startech Environmental Receives $1,000,000 Progress Payment For First Plasma Converter Installation in Japan

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TO BUSINESS AND ENVIRONMENTAL EDITORS:

Startech Environmental Receives $1,000,000 Progress Payment For First Plasma Converter Installation in Japan

CONNECTICUT, WILTON, Mar. 20 -/E-Wire/-- Startech Environmental Corp. (Nasdaq: STHK), the world leader in plasma waste destruction and recycling technology, announced today that it has received a second progress payment of $1,000,000 from Eiko Systems Company for a 10,000 pound per day Plasma Converter to process hazardous waste in Japan. The first progress payment received was $200,000.

Eiko Systems, headquartered in Japan, is an industrial company whose principal businesses are environmental, co-generation and clean power projects.

Joseph F. Longo, Startech President, "We have the production of Eiko's first system in the fast lane, and it will include some special innovations. Eiko's Plasma Converter is the same size as the Converter in our Bristol, Connecticut Showroom. We actually could have sold it off the floor, but it's too important a sales tool."

About Startech Environmental Corp: Startech is an environmental equipment company whose Plasma Converter is essentially an electrochemical system that, while safely destroying wastes, even hazardous wastes, converts those materials into useful and valuable commodity products. It does this economically, efficiently, with relatively few moving parts, and without combustion. Electricity is the prime mover in the Plasma Converter process, and the principal result is the chemical dissociation (decomposition) of the feed materials after which their elemental components (atoms) are reformed into useful commodities. The United States Environmental Protection Agency has designated materials, even if they may have once been regarded as wastes, or hazardous wastes, undergoing such a recycling process, no longer as wastes, but as "feedstocks."

For further information, contact Robert L. DeRochie, VP of Investor Relations, or see the Startech web page: http://www.startech.net

Safe Harbor for Forward-Looking Statements: Except for the statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions that currently exist in the United States and Japan in general, and the waste industry in particular.

Startech Environmental Corp.

Robert L. DeRochie, VP of Investor Relations, [REDACTED-PHONE], or

/Company News On-Call: http://www.prnewswire.com/comp/113537.html or fax,

[REDACTED-PHONE], ext. 113537

http://www.startech.net

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