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ENVIRONMENTAL TECHNOLOGIES ANNOUNCES SECOND QUARTER RESULTS

 LAKEWOOD, N.J., May 17 /PRNewswire/ -- Environmental Technologies Corp. (NASDAQ-NMS: EVTC) today announced results for the quarter ended March 31, 1993.
 Revenues for the second quarter of fiscal 1993 were approximately $3.9 million, as compared to approximately $4.2 million during the same period a year earlier. Net income for the three months ended March 31, 1993, was $391,649 (16 cents per share on 2,466,965 shares), as compared to net income of $84,022 (4 cents per share on 2,131,250 shares) during the three-month period ended March 31, 1992.
 Revenues for the six-month period ended March 31, 1993, were approximately $7.2 million, as compared to revenues of approximately $6.9 million for the six-month period ended March 31, 1992. Net income for the six months ended March 31, 1993, was $494,649 (20 cents per share on 2,466,965 shares), as compared to net income of $148,170 (7 cents per share on 2,131,250) during the six-month period ended March 31, 1992.
 The increase in net income over the previous comparable periods reflect improved margins on refrigerant sales and increase in the mix of higher-margin refrigerant recovery and recycling equipment.
 The company manufactures and markets refrigerant recycling and recovery equipment to the automotive and the HVAC/R markets. The company also markets and sells repackaged refrigerants, principally to the automotive aftermarket. Environmental Technologies Corp. completed its initial public offering in December 1992.
 -0- 5/17/93
 /CONTACT: George Cannan Sr., president, or Richard Schmeling, vice president, of Environmental Technologies, 908-370-3400/
 (EVTC)


CO: Environmental Technologies Corp. ST: New Jersey IN: ENV SU: ERN

GT-TM -- SF009 -- 9295 05/17/93 14:09 EDT
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Date:May 17, 1993
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