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EIF HOLDINGS ANNOUNCES NEW P.W. STEPHENS OFFICE IN COLORADO SPRINGS AND CONTRACT FOR ASBESTOS ABATEMENT SUPPORT SERVICES

 HONOLULU, July 1 /PRNewswire/ -- EIF Holdings announced that its wholly owned subsidiary, P.W. Stephens Contractors Inc., is moving from its Penrose office into a larger facility in Colorado Springs, Colo. Colorado Springs is now one of the fastest-growing areas in the United States and the new facility will position the company to take advantage of this growth. The military facilities in this area are projected to be a growing segment in the abatement industry.
 P.W. Stephens Residential entered into a contract with Home Base to provide asbestos abatement services in support of Home Base's new Heating and Air Conditioning Installed Sales division. Asbestos abatement services will be provided in support of Home Base stores throughout California with the option of expanding into other states. The projected annual value of the contract is $225,000.
 EIF Holdings will be featured on radio nationwide beginning July 1, 1993. This is the start of a continuing introduction to the national investment community. An interview with company spokesperson Susan Tatum will be carried live at 11:30 a.m. EDT on WALE-AM-910 covering greater New England. Also on Thursday, July 1, at 3:30 p.m. PDT, KFFN-AM-1510 in Phoenix will carry a similar interview.
 EIF Holdings Inc. ("EIFH") is an environmental health, safety and construction company whose goals are to maximize shareholder return through profitable growth and acquisitions.
 -0- 7/1/93 R
 /CONTACT: Financial Telesis Investor Relations, 808-595-0721/


CO: EIF Holdings Inc.; P.W. Stephens Contractors Inc.; Home Base ST: Colorado, California, Hawaii IN: ENV CST SU: CON PDT

MF-JL -- LA002 -- 8501 07/06/93 09:03 EDT
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Publication:PR Newswire
Date:Jul 6, 1993
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