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ECONOGREEN RECEIVES PATENT APPROVAL IN 14 EUROPEAN COUNTRIES

 International Ticker Tape Near Distribution
 Agreement Covering Nine European Countries
 SCOTTSDALE, Ariz., May 25 /PRNewswire/ -- International Ticker Tape Resources Ltd. (Vancouver: ITR) (ITR) announces that its Econogreen auto emissions reduction device has recently been granted a patent from the European Patent Office covering the following countries: Austria, Belgium, Denmark, France, Great Britain, Greece, Germany, Italy, Liechtenstein, Luxembourg, Netherlands, Spain, Sweden and Switzerland. These countries represent a potential multibillion dollar market for Econogreen. ITR expects to enter into major distribution agreements covering at least five major European countries within the next two months. (Patents are expected to be issued in the United States and Japan later this year.)
 The European patent, which bars unauthorized manufacture of the Econogreen for 16 years, confirms the proprietary nature of what ITR management believes is the only truly cost-effective auto emissions reduction device on the market today. Donald R. Head, president and chief executive officer of ITR, stated, "Management is confident that the Econogreen will gain rapid market acceptance in Europe and North America due to its ability to substantially reduce auto emissions at a reasonable cost (approximately $50 per vehicle)."
 ITR is a publicly held company which owns the exclusive worldwide rights to Econogreen.
 The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
 -0- 5/25/93
 /CONTACT: Donald R. Head, president and CEO of ITR, 602-991-4244/
 (ITR.)


CO: International Ticker Tape Resources ltd. ST: Arizona IN: AUT SU: PDT

JB-LS -- LA003 -- 2032 05/25/93 09:31 EDT
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Publication:PR Newswire
Date:May 25, 1993
Words:256
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