EPA Site Investigation Documents Now Available from On-line Environmental Property Information Service.

HERNDON, Va.--(BUSINESS WIRE)--March 26, 1997--

Environmental Risk Information & Imaging Services

enters alliance with EnviroCheck

Herndon, Virginia-based Environmental Risk Information & Imaging Services (ERIIS), a leading publisher of environmental due diligence property reports, announced today that it has entered into a strategic alliance with Killingworth, Connecticut-based EnviroCheck, Ltd., an environmental information research company specializing in paper-based government regulatory reports.

Under the alliance, users of ERIIS' on-line system, ERIISnet, can now order critical EPA site assessment documents for Superfund, RCRA and Brownfield sites within a 1/4 mile of their subject property. Currently, EnviroCheck is offering site documents from Maine to New Jersey.

"Our association with ERIIS offers environmental professionals, lenders and real estate professionals across the nation a higher level of detailed information through a convenient delivery channel," commented Lisa Wadge, President of EnviroCheck. "Historically, ordering these government documents involved making a request to the Federal government, waiting three to four weeks and then paying a fee for each copy of the document. In the case of state agencies, you'd have to make an appointment to meet with the proper administrator and then search for the documents yourself, which could take hours. By ordering the reports through ERIISnet, the documents are sent two to three days later and all of the necessary elements are included."

"We're delighted with this new relationship," said Patrick McDevitt, General Manager of ERIIS. "EnviroCheck has an extensive collection of Federal and state documents that can provide detailed site history of Brownfields as well as many years of site assessment engineering study. By combining this EnviroCheck research service with ERIISnet, our customers have access to the fastest, and most comprehensive environmental due diligence property information."

"Many of these files have been forgotten or lost in the state agencies, and in some instances can't be located anymore," continued Wadge. "By using a proprietary indexing scheme, our documents can be queried by name, address, ID number and alias."

Although the initial phase of this non-exclusive program is limited to New England sites, EnviroCheck and ERIIS plan to bring six Midwest and West Coast states on-line by the third quarter of this year. Users may also obtain detailed state records such as UST forms and spill records through ERIISnet or directly from EnviroCheck.

ERIISnet is a nationwide on-line environmental property information service currently used by more than 2,000 environmental professionals, lenders, investors, developers, lawyers, corporate real estate officers and REIT portfolio managers to access the environmental risk profile for any site in the U.S., within seconds, from their own desktop personal computers. Environmental databases are accessible through ERIISnet's proprietary, on-line system and its easy-to-use free software, that can be used on any Windows-based PC over local, toll-free telephone lines. Access to ERIISnet is free -- there are no subscription fees, connect time or line charges. The user pays only for the information he or she uses.

The ERIISnet user simply enters a property's address to receive, in seconds, a complete environmental report for the site. Users may also tap the ERIISnet database of over seven million environmental records to obtain all or any part of the environmental property information they need. They can select information about a specific property or information about all properties within user-defined radius ranges or Zip codes.

EnviroCheck, Ltd., founded in 1988, began as a reference library of copied government files that supported an environmental consulting and engineering company. After three years, the company had developed a comprehensive database of in-house documents which users could search by both name and address. EnviroCheck's GIS mapping system can locate all Federal sites directly from its documents. Currently, the company's database contains over 900,000 documents in seven New England states and all searches meet ASTM requirements for site assessments.

Based in Herndon, Virginia, ERIIS is an eight-year-old, privately held environmental due diligence property information publishing company. With a database containing over seven million Federal, state and county environmental records, ERIIS is the nation's largest publisher of environmental due diligence property reports and provides a full suite of services to thousands of lenders, engineering and consulting companies, legal firms, investment capital firms, corporations, insurance and real estate developers across the country. ERIIS has exclusive relationships with Experian (formerly TRW), TransUnion, DataQuick, CFI/Halcyon, First American Title, Stewart Title, Contour Software, the National Association of Realtors, American Real Estate Exchange, New York State Association of Realtors and the California Association of Realtors as well as other real estate information companies and professional organizations.

For more information on ERIIS, and its complete product line of environmental information and mapping services, call Patrick McDevitt, Vice President and General Manager, ERIIS, at [phone]. Or write to ERIIS, 505 Huntmar Park Drive, Suite 200, Herndon, VA 20170 (in the metropolitan DC area).

CONTACT: ERIIS

Glenn Hanna, 800/989-0402

or

Kelly Williams, 404/264-7202

[e-mail]