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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.

D'Addario Environmental Management Solutions (EMS) Inc. Reports Financial Results for 2001

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

D'Addario Environmental Management Solutions (EMS) Inc. Reports Financial Results for 2001

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FOR IMMEDIATE RELEASE

D'Addario Environmental Management Solutions (EMS) Inc. Reports Financial Results for 2001

CANADA, Feb. 20 -/E-Wire/-- Environmental Management Solutions (EMS) Inc. (trading symbol CDNX - EMS) is excited and pleased to announce draft audited financial results for 2001. The company's revenues grew 100% from year 2000 ($3,069,872) to $6,087,340 achieving Earnings before Interest, Taxes and Depreciation (EBITDA) of $1,542,211. At 25% of revenues, the EBITDA results are significantly higher than industry average.

D/EMS continues to be one of the fastest growing environmental firms in Canada, having achieved year-over-year growth since its inception in 1995 (posted greater than 600% growth overall). "We are extremely pleased with the financial performance, particularly in light of the economic climate experienced in 2001. Continued client loyalty in both the public and private sector, a continuing demand for products and services and prudent management of overhead expenses are key factors in oursuccess,' said Mr. Frank D'Addario, CEO and President. "We are financially well positioned for rapid sustained growth, with no long term debt and have yet to realize the full potential of our technology-based business units, particularly our Soil Treatment Facility and the Georemediation(TM) Technology.'

D/EMS provides cost-effective services and solutions to environmental problems. The company has extensive experience in the property, petroleum and broader industrial sectors as well as preferred consultant experience with most Federal Government departments and many Canadian corporations. Services are provided under three Business Units, namely Environmental Consulting and Engineering, Soil Treatment Facility (250,000 tonne capacity), and Georemediation(TM) Technology (patented and exclusively licensed technology for contaminated soil/sediment treatment).

THE CANADIAN VENTURE EXCHANGE INC. HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Environmental Management Solutions Inc.

Environmental Management Solutions Inc.,

Mr. Frank D''Addario, President, CEO and Chairman of the Board, P: (613) 692-7808, F: (613) 692-7812,

Email: [REDACTED-EMAIL]

http://www.emsolutions.com

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