BioSafe plans name change to Waste Systems International.

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Jan. 21, 1997--BioSafe International Inc. (NASDAQ: BSFE), an innovative waste management company, announced that it plans to change its name to Waste Systems International Inc. to reflect the company's ongoing business focus. "We're very pleased with the name change, as Waste Systems International describes our role in supplying solutions for waste management problems both in the United States and throughout the world," according to Philip Strauss, the company's chairman, chief executive officer and president. The company's name change will become official on Feb. 14, 1997, pending approval by shareholders at a special meeting on that date. A formal announcement will be made when the name change is effective.

BioSafe International has focused on developing different types of waste management approaches and has succeeded in receiving patents for its landfill remodeling process and its medical waste treatment technology. BioSafe is now actively pursuing implementation of its innovative waste management approaches, and the new name will reflect the change in the company's focus.

The company's landfill remodeling process has large and growing domestic and international markets. In a landfill remodeling project, BioSafe recovers up to 80 percent of the previously used space at the landfill, while converting the landfill into an environmentally sound facility with liners and leachate collection systems. The company then generates revenues from the receipt of tipping fees for disposal in the newly created space.

BioSafe currently operates landfills in Moretown, Vt., and Fairhaven, Mass., where it is undertaking the world's largest landfill remodeling project. In addition, the company has signed agreements with the Massachusetts towns of Buckland and South Hadley to remodel their municipal landfills. For each of its landfills, the company plans to develop an integrated solid waste management operation, including hauling activities and transfer stations, to ensure a long-term stable waste flow.

As part of its efforts to commercialize its patented medical waste treatment technology, the company has signed an agreement with ScotSafe Ltd., a Glasgow, Scotland company, for the exclusive licensing rights to use that treatment technology throughout Europe. Under an existing licensing agreement, ScotSafe currently operates three facilities in England, Scotland and Ireland that use BioSafe's treatment technology, known as continuous-flow auger (CFA) technology. This technology provides a non-burn solution for treating medical waste and offers a safe alternative to conventional incineration.

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, among others, statements regarding plans and prospects for implementation of the company's waste mangement approaches, results that may be achieved through application of the company's technology, potential future landfill projects and plans for development of an integrated solid waste management operation by the company. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of uncertainties, including without limitation uncertainties regarding the company's ability to finance an expansion of its business to include additional solid waste management activities, its ability to manage any such additional activities, the characteristics of particular projects and their effect on results and market acceptance of the company's current and planned solid waste management approaches.

CONTACT: BioSafe International Inc.

Bob Rivkin

617-497-4500