Envirokare Tech Inc. Announces Technical Review of Thermoplastic Flowforming Technology -TPF-.

Business Editors

LAS VEGAS--(BUSINESS WIRE)--Oct. 8, 2002

Envirokare Tech Inc. (OTCBB:ENVK), a marketer of the state-of-the-art Thermoplastic Flowforming (TPF) composite technology and developer of proprietary long-fiber reinforced products, announced results of a review of the TPF technology, conducted by the Metis Design Corp. (Metis Design), with testing performed at the Massachusetts Institute of Technology (MIT) laboratory facilities, on behalf of Envirokare. Metis Design, based in Cambridge, Mass., is a design consulting firm specializing in advanced structural concepts, composite material analysis and optimization, and failure prediction and monitoring schemes.

The TPF process, developed by Thermoplastic Composite Designs Inc. (TCD), enables the very cost effective manufacture of large structural parts using long-fiber reinforced thermoplastic resins. The process utilizes either recycled or virgin resins. TPF patents are pending. During 2001, TCD granted to Envirokare Composite Corp. (ECC), a wholly-owned subsidiary of Envirokare, a license to utilize the TPF technology to develop, produce and market a wide array of products. The company believes that products developed and manufactured utilizing the TPF process will have significant advantages over those currently available, including lower costs, increased strength and durability, lighter weight and environmental benefits. Envirokare is currently developing a number of products in industries such as materials handling, automotive, construction, housing, and marine. As previously announced, Envirokare is currently in the development stage of a proprietary product on behalf of a licensee, Schaefer Systems International, Inc.

Metis Design's TPF technology review notes that, as the utilization of advanced thermoplastic composite materials has extended into market segments such as military and aerospace, commercial manufacturers are increasingly demanding lower cost, quicker and more flexible reinforced thermoplastic processing techniques. Metis Design finds that the TPF process has significant potential to address this need. In addition, Metis Design reports that the TPF process could represent a solution to a long-standing need in the long-fiber reinforced composite manufacturing process. The process enables manufacturers to mass produce at high rates and labor efficiencies compared to many current production techniques, while retaining accuracy and ability to utilize low molding pressures.

In the report Metis Design notes that there are four major areas in which the TPF process adds value to reinforced thermoplastic component production:

-- Materials flexibility -- Offers savings in material costs through in-line compounding, as well as additional material property flexibility achieved through customized reinforcing

-- Deposition process -- Allows for complicated shapes and ribs, minimal material flow paths, and the ready inclusion of insertion molding components

-- Low pressures -- Reduced molding pressures significantly reduce mold costs, lessen wear on both molds and machines and produce stress-free parts

-- Machine efficiency -- TPF adds value by allowing manufacturers to use two or more different molds at the same time, greatly improving efficiency and reducing the number of machines required.

The report also notes that the TPF process provides economic advantages over other thermoplastic composite molding methods through reduced labor, material, tooling and machine costs.

In order to further validate the TPF method, a series of tests were independently conducted in the Technology Laboratory for Advanced Composites (TELAC) at MIT. Some concern was originally expressed over how the final product of such a low pressure system would perform, because of possible lack of consolidation. Therefore, several narrow coupon tension tests were performed to establish the designable material properties of straight material processed via TPF.

Narrow coupon tensile tests are the ASTM standard for extracting straight mechanical properties of a material. The 4 mm thick specimens were cut via waterjet to 25x5 cm, and beveled glass fiber tabs were adhered to either end so that they would not break at the grips. Finally, a strain gauge rosette was placed in the center of each specimen to measure the strain in the longitudinal and transverse directions. The specimens were loaded in tensile displacement control by a MTS servo-hydraulic testing machine until failure. These results demonstrate that the material properties exhibited as formed by the TPF process are comparable to those from products of traditional processes, and are similar to those properties published by commercially available materials.

Steve Pappas, president of Envirokare stated, "The conclusions drawn from the review of the TPF process conducted by the Metis Design Corp., a nationally-recognized composite design consulting firm, confirm and reinforce the belief that we have held with respect to the TPF process. Envirokare continues to work aggressively, on its own and on behalf of potential licensees, towards completion of products that we believe will have a substantial impact in their respective markets. We anticipate that our E Pallet will be available for commercialization during 2003."

As previously announced, Envirokare holds an irrevocable option to cause its ECC subsidiary to merge with TCD, pursuant to a merger agreement entered into by the parties. Envirokare's option is exercisable in September 2003 if the merger has not occurred prior to that date. The agreement provides for occurrence of the merger at any time during the thirty months ending September 2003 upon Envirokare's shares reaching a market price of $5 per share. If that price is not reached by September 2003, then Envirokare can exercise its option to effect the merger by paying to TCD's shareholders additional consideration, either in Envirokare shares or in a combination of shares and cash. Pending final consummation of the anticipated merger, the companies are cooperatively carrying out their respective development, manufacturing and marketing roles in establishing the TPF technology in the expanding plastic composites market.

Interested parties may obtain a copy of the Metis Design report by writing to Envirokare's Marketing Department located at 5850 T. G. Lee Blvd., Suite 535, Orlando, FL 32822. Interested parties are also directed to the SEC's EDGAR electronic database to obtain currently filed Envirokare corporate information.

This News Release contains forward-looking statements. In particular, when used in the preceding discussion, the words "plan," "confident that," "anticipate," "believe," "expect," "intend to," and similar conditional expressions are subject to certain risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings, and other risks.