EPA Inspection Finds International Foam Solutions Proprietary Process Safe.

Business Editors

DELRAY BEACH, Fla.--(BUSINESS WIRE)--Aug. 22, 2000

International Foam Solutions Inc. (OTCBB:IFOS) confirmed today the company received a report from the Chief of Region 4 of the U.S. Environmental Protection Agency (EPA) which stated in part that International Foam Solutions Inc. (IFS) "...does not generate, treat, store or dispose of hazardous wastes." The report was issued after an unannounced inspection of the company's offices and facilities to determine their compliance status with the Resources Conservation and Recovery Act (RCRA).

The Resources Conservation and Recovery Act (RCRA) was enacted by Congress in 1976 to give the EPA the authority to control the generation, treatment, storage, and disposal of hazardous waste from "cradle-to-grave" and manage non-hazardous wastes. RCRA focuses only on active and future facilities and does not address abandoned or historical sites. Amendments added to RCRA in 1984 increased the enforcement authority of the EPA, mandated the phase out land disposal of hazardous waste, more stringent hazardous waste management standards, and a comprehensive underground storage tank program. Amendments added to RCRA in 1986 enabled EPA to further address environmental problems that could result from underground tanks storing petroleum and other hazardous substances.

"When we give a copy of the RCRA Inspection Report to prospective clients in addition to projections of the possible budgetary savings they can anticipate using our proprietary StyroSolve(c) System to handle their Styrofoam waste alone," stated Harvey Katz, CEO of International Foam Solutions Inc. "It is usually the most important piece of information we can give them. The RCRA Report verifies the simple truth that IFS is the only company in the United States with an environmentally safe, EPA verified process which can completely eliminate the disposal of polystyrene in our landfills which now amounts to approximately 4 1/2 million tons annually in this country alone. Polystyrene is better known as Styrofoam(tm) which is a Dow Chemical trademark.

"In addition, companies, schools, businesses, and government facilities using our proprietary StyroSolve(c) system to dispose of polystyrene typically save 40 to 50% of their waste haulage budgets with our more cost-effective and efficient method of disposing of polystyrene," stated Katz. "For those not recycling the final end product, the actual amount of polystyrene to be disposed is reduced to approximately 20% of its original size. The IFS proprietary StyroSolve(c) system saves money, manpower, and landfills creating a Win-Win situation for businesses, commerce, residences, and the environment."

International Foam Solutions Inc. (IFS) is the only non-hazardous and environmentally friendly company in the world with a chemical process acceptable to the United States Department of Environmental Protection for disposing of and recycling polystyrene waste better known as Styrofoam -- a trademark of Dow Chemical (NYSE:DOW). For more information, visit the company's website at internationalfoamsolutions.com.

The statements made by International Foam Solutions (IFS) may be forward-looking in nature. Actual results may differ materially from those projected in forward-looking statements. IFS believes that its primary risk factors include, but are not limited to: the need for substantial financial requirements; the need to develop effective internal process and systems; the ability to attract and retain high-quality employees; changes in the overall economy; changes in technology; the number and size of competitors in its markets; changes in the law and regulatory policy; and the mix of product and services offered in the company's target markets.