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ENVIROMINT SIGNS AGREEMENT OF INTENT WITH TEIG PRODUCTIONS

 DALLAS, May 28 /PRNewswire/ -- EnvirOmint Holdings Inc. (OTC Bulletin Board: ENVM) announced today it has signed an Agreement of Intent with Teig Productions, a privately held company based in Texas, to produce and market a proprietary educational concept known as "The Quickest Way to an A," designed to compete in the marketplace to improve students' grades and skills.
 The agreement provides for EnvirOmint and Teig to form a new Delaware corporation called Quick A Inc. Teig will contribute all of its rights, title and interest to a teaching system it developed known as "The Quickest Way to an A,'" including teaching and student materials, instructional methods, business and marketing plans, trademarks and video script. EnvirOmint's contribution to the business venture will consist of a combination of cash and other assets.
 Charles S. Christopher, president and chief executive officer of EnvirOmint, stated, "We recognize this business venture as an opportunity for EnvirOmint to participate in the growing market of improving the teaching and learning skills of students in our country."
 The video to be produced, "The Quickest Way to an A," will be marketed through a program of telemarketing supported by an infomercial. These will be produced under the direction of Michael Teig, who will be named as president and chief executive officer.
 EnvirOmint designs, builds and operates the EnvirOmint Can- Pactor, a patented reverse vending machine which crushes aluminum cans and dispenses cash along with a manufacturer's or merchant's coupon. EnvirOmint is also engaged in the business of constructing and operating Texaco Lube Centers in the Dallas/Fort Worth area and in the acquisition, exploration, development and production of oil and gas through its stockholder interests in the Home-Stake companies.
 -0- 5/28/93
 /CONTACT: Fran Daniels of Financial Sciences of America, 310-278-4413, for EnvirOmint Holdings/
 (ENVM)


CO: EnvirOmint Holdings Inc.; Teig Productions; Quick A Inc. ST: Texas IN: ENV OIL SU: JVN

LS-JL -- LA025 -- 3599 05/28/93 19:13 EDT
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Publication:PR Newswire
Date:May 28, 1993
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