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MARTECH USA'S CONTRACT BACKLOG REACHES $126 MILLION

 ANCHORAGE, Alaska, May 24 /PRNewswire/ -- Martech USA Inc. (NYSE: MUS) today announced a domestic contract backlog of $126.4 million, which is the company's largest backlog to date.
 The backlog is broken down as follows: Construction, $65,643,000 (52 percent); Environmental, $43,178,000 (34 percent); and Marine, $17,620,000 (14 percent). The projects are located around the United States, and in U.S. possessions, including Guam.
 "One of the benefits of Martech's growth has been diversification, allowing our company to stay healthy in a variable economy. Right now, environmental work is slow, so we've been able to shift our emphasis to construction and marine projects," said Benjamin C. Tisdale, president and chief executive officer of Martech USA Inc. "Clearly, our current stock price does not reflect the real value of Martech. Our analysts tell us we're one of the best buys on Wall Street, and I agree. But I think our days of being an undervalued stock are numbered as our success becomes more widespread."
 Martech USA Inc. provides a comprehensive range of environmental remediation as well as specialized marine and construction services worldwide.
 -0- 5/24/93
 /CONTACT: Annette Hamilton, public relations manager, of Martech, 907-561-1970/
 (MUS)


CO: Martech USA Inc. ST: Alaska IN: ENV MAR SU:

LM-GT -- SE004 -- 1500 05/24/93 07:50 EDT
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Publication:PR Newswire
Date:May 24, 1993
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