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AMOT ANNOUNCES 3CI SHARE REPURCHASE PLAN

 HOUSTON, April 7 /PRNewswire/ -- American Medical Technologies, Inc. (NASDAQ - Small Cap: AMOT) today announced the company has initiated a share buy back program on shares of its majority owned subsidiary, 3CI Complete Compliance Corporation (3CI) (NASDAQ - Small Cap: TCCC). The company has approved up to 300,000 shares of the subsidiary's common stock to be purchased from time to time in the open market. Leonard A. Bedell, executive vice president and chief financial officer, said, "The company believes 3CI's shares are selling substantially below their market value considering its 70-ton-per-day permitted disposal capacity and its competitive position within its market area. Although 3CI had losses over the last two quarters, its operating results have improved, it has no debt and has innovative new waste management alternatives to control its customers' disposal costs."
 "New services have been introduced in complimentary medical waste niches which have tremendous value that is not reflected in 3CI's current share price," noted Bedell. In the last few months, 3CI has completed its acquisition of a 10-ton medical waste permit in metropolitan Houston, received federal governmental agency approvals for MARPOL shipboard waste, "Mail-In" sharps disposal, and Drug Enforcement Administration approval to dispose of pharmaceuticals and other controlled substances. These permits and approvals add significant value to the company which is not currently reflected in its share price," Bedell stated.
 -0- 4/7/93
 /CONTACT: Leonard A. Bedell, senior vice president and CFO of American Medical Technologies, 713-783-8200/
 (TCCC AMOT)


CO: 3CI Complete Compliance Corp.; American Medical Technologies ST: Texas IN: SU:

CK-WB -- NY026 -- 0242 04/07/93 11:26 EDT
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Publication:PR Newswire
Date:Apr 7, 1993
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