ESTT Launches New Era, Hosts Conference Call.Business Editors NEW YORK--(BUSINESS WIRE)--Nov. 6, 2002 Environmental Strategies & Technologies International Inc. (ESTI ESTI European Solar Test Installation ESTI European Society of Thoracic Imaging ESTI Esthetician ESTI Easy Software Technologies, Inc (Philippines) ESTI Enhanced Self Timed Interface ) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ESTT ESTT Equivalent Safety Task Team ) today scheduled a conference call for shareholders to be held at 4:30 p.m. EST on November 13, 2002. Sameer Hirji, President of ESTI will discuss the projected revenue for the last quarter of 2002 and the Corporate Strategy for 2003. He will be joined in hosting the call by Nick Malino, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Engineering Acquisitions, Inc. (EngAcq), which was recently acquired by ESTI. Mr. Hirji commented: "We believe that ESTI's recent commitment to acquire Engineering Acquisitions, Inc. has laid the groundwork for securing a solid revenue stream for the shareholders. We anticipate that EngAcq will become the corner stone for our company and will become the foundation for ESTI's growth strategies. ESTI has recently invested $50,000 into Engineering Acquisitions, Inc. and plans to invest an additional $100,000 over the next sixty days. We expect to recapitalize re·cap·i·tal·ize tr.v. re·cap·i·tal·ized, re·cap·i·tal·iz·ing, re·cap·i·tal·iz·es To change the capital structure of (a corporation). re·cap the investment plus anticipated profit by second calendar quarter 2003. Mr. Hirji continued: "I have the mandate to create a profitable, environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] company, and I believe we have a superstar in Nick Malino. He has a proven track record in the environmental field and has built a strong environmental company in the past with revenue in excess of $160 million. We believe it is very rare to acquire the talent of an individual with his strengths and experience." The phone number for the call is: 813-273-6622 The access code for the call is: 5867660 There will be a question and answer period following the presentation by the hosts. A downloadable Corporate Profile is available for ESTI at http://www.alliancecorp.ws/. About ESTI Environmental Strategies & Technologies International, Inc. is a holding company designed to invest in environmental technologies and corporations that will cross-sell and promote within its focused portfolio of products and services. About EngAcq Engineering Acquisitions, Inc. provides buy- and sell-side merger and acquisition (M&A) consulting to US companies in the "middle market' (producing revenues between $5 million and $100 million). For a detailed description of their business services and accomplishments, please visit their web site at http://www.engacq.com/. This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of ESTI to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. There is no assurance that ESTI will not default on its agreements and any default could have a potential impact on the value of the company. Other risks include the small size of Engineering Acquisition as compared to many of it competitors, the need for additional capital, dependence on key personnel, the frequency and magnitude of environmental disruptions, Engineering Acquisitions ability to win additional contracts, the effect of new laws New Laws: see Las Casas, Bartolomé de. or regulations relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the business of Engineering Acquisitions, environmental remediation Generally, remediation means providing a remedy, so environmental remediation deals with the removal of pollution or contaminants from environmental media such as soil, groundwater, sediment, or surface water for the general protection of human health and the environment or from a and economic conditions. Discussions of other factors, which may affect future results, are contained in ESTI's most recent SEC filings on Forms 10-Q and 10-K. |
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