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SEILER RAISES APPROXIMATELY $2,385,485 THROUGH SALE OF COMMON STOCK TO THREE MAJOR EUROPEAN BANKING INSTITUTIONS

 JERSEY CITY, N.J., Aug. 4 /PRNewswire/ -- Seiler Pollution Control Systems, Inc. (NASDAQ Bulletin Board: SEPC) announced today that it sold 585,000 shares of common stock for total consideration of $2,385,485. These shares were purchased by three major European banking institutions. The company is in the process of placing an additional 500,000 shares at $5 per share and believes it will successfully complete this placement over the next 30 days. The funds raised will be applied toward the payment of license fees and working capital purposes.
 Seiler announced that it has elected to its board of directors George Seiler. He is currently director of Seiler High Temperature Separating Systems Ltd., a Swiss corporation. Seiler High Temperature Separating Systems Ltd., is the owner of certain Swiss patents in respect to high temperature separation process based on the vitrification of the input material. Seiler Pollution Control Systems, Inc. has the right to market such technology pursuant to a license agreement it has recently acquired. Such license is for the following markets: Canada, the United States, Mexico; and through its wholly owned subsidiary, Seiler Pollution Control Systems International, Inc., to: Germany, Austria, Italy, Korea, Indonesia, Malaysia, China, Hong Kong, and Taiwan.
 George Seiler's background is quite extensive; he has worked with the following organizations: consultant to Ciba-Geigy for toxic waste disposal in Basel, Switzerland; consultant to the Swiss government in regard to toxic waste and the removal and destruction of explosives in Dottikon, Switzerland; consultant to CERN (European atomic research center in Geneva) in regard to toxic waste disposal; and consultant to Sandoz Pharmaceutical in Basel, Switzerland.
 Seiler Pollution Control Systems, Inc. is a toxic waste disposal company which uses a new proven technology called high temperature vitrification to treat a potentially wide variety of waste products. The vitrification process transforms hazardous waste into a non-toxic glass substance which can either be stored in a non-hazardous waste landfill or be recycled.
 -0- 8/4/93
 /CONTACT: Kathleen Histon, 201-200-0216, for Seiler Pollution Control Systems, Inc./
 (SEPC)


CO: Seiler Pollution Control Systems, Inc. ST: New Jersey IN: ENV SU:

LG-CK -- NY029 -- 9287 08/04/93 10:43 EDT
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Publication:PR Newswire
Date:Aug 4, 1993
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