Beechport Capital Subsidiary ITec Announces New Orders for Breakthrough Recycling System

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Beechport Capital Subsidiary ITec Announces New Orders for Breakthrough

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TO BUSINESS AND TECHNOLOGY EDITORS:

Beechport Capital Subsidiary ITec Announces New Orders for Breakthrough

CALIFORNIA, OAKDALE, Jul. 9 -/E-Wire/-- ITec International Technologies Inc., a wholly owned subsidiary of Beechport Capital Corp. (OTC Bulletin Board: BEAH), today announced orders for two more of its ECO2(TM) Environmental Systems, for a total of four confirmed orders.

ITec said that V2&m.; Plastic S.r.l., will receive system number 2 and system number 12. ITec announced in June that O.P.T. S.r.l. Co. will receive system numbers 1 and 11. Both are pollution control companies in Italy.

The ECO2 Environmental System incorporates what ITec believes is the only pollution prevention and recycling technology designed to achieve 100 percent recycling of motor oil containers made of plastic, and the residual oil left inside each container. The technology focuses on environmental protection and environmental safety. It produces two usable and readily recyclable end-products, oil and plastic, without creating significant chemical waste byproducts.

The system sells for between $500,000 and $1,000,000(U.S.), depending on production capacity. ITec currently projects that the first system will be delivered in the fourth quarter of 2001.

About Beechport Capital Corp. Beechport Capital owns ITec International Technologies, which was incorporated in 2000 to develop and commercialize new pollution prevention and recycling technology that is economically and environmentally sound to solve the worldwide problem of recycling plastic motor oil containers. ITec has its headquarters in Oakdale, Calif. ITec is on the web at www.iteces.com.

Safe Harbor Statement This press release contains certain "forward-thinking statements" as defined under the Private Securities Litigation Reform Act of 1965, including statements concerning the anticipated sale and projected delivery of the company's system. Actual events or results may differ materially from those referred to in such statements. ITec relies on third-party vendors to manufacture its system, which has not yet been introduced commercially. Therefore, risks and assumptions include, but are not limited to, the ability of its vendors to manufacture and deliver a successful commercial version of its principal product, as well as ITec's ability to generate customer demand, to achieve acceptable pricing, to respond to competition, to manage growth, to make timely payment on it outstanding obligations, and to manage regulatory and legislative developments that affect its system.

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ITec International Technologies Inc.

http://www.iteces.com

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