EarthCare's Common Stock Is Delisted From the Nasdaq National Market

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EarthCare's Common Stock Is Delisted From the Nasdaq National Market

EarthCare's Common Stock Will Trade Over the Counter

TEXAS, DALLAS, Jun. 6 -/E-Wire/-- EarthCare Company (formerly Nasdaq: ECCO and effective today OTC Bulletin Board: ECCO.OB) today announced that The Nasdaq Stock Market has decided to delist EarthCare's common stock from the Nasdaq National Market for not meeting certain quantitative criteria for continued listing. EarthCare's bid price, market capitalization and net tangible assets did not meet the minimum levels for either Nasdaq's National Market or Small Cap Market, although EarthCare did meet the other quantitative criteria for continued listing on Nasdaq's Small Cap Market. Effective June 6, 2001, EarthCare's common stock will trade on the OTC Bulletin Board.

EarthCare's Chairman and Chief Executive Officer, Donald Moorehead, stated, "We are disappointed with the decision of Nasdaq's Listing Qualifications Panel. We intend to continue with the execution of our strategic business plan and expect that this will allow EarthCare to qualify for listing on a national exchange in the future."

Statements made in this press release that express EarthCare's or management's intentions, plans, beliefs, expectations or predictions of future events are forward-looking statements. The words "believe," "expect," "intend," "estimate," "anticipate," "will" and similar expressions are intended to further identify such forward-looking statements. It is important to note that the company's actual results or performance could differ materially from those anticipated or projected in such forward-looking statements. Other factors that could cause EarthCare's actual results or performance to differ materially include risks and uncertainties relating to EarthCare's financial condition, market demand and acceptance of EarthCare's services, competition, as well as the risks discussed under the heading "Risk Factors" in EarthCare's annual report on Form 10-K for the year ended December 31, 2000, as filed with the Securities and Exchange Commission. The forward-looking statements contained herein represent the judgment of EarthCare as of the date of this press release, and EarthCare expressly disclaims any intent, obligation or undertaking to update or revise such forward-looking statements to reflect any change in EarthCare's expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.

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