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ENVIRX REPORTS INCREASED EARNINGS AND REVENUES

 ENVIRX REPORTS INCREASED EARNINGS AND REVENUES
 HOUSTON, May 8 /PRNewswire/ -- ENVIRx Industries, Inc.


(NASDAQ: ENVX) reported net income of $338,000 or $.04 per share on revenues of $1,866,000 for the three months ended Feb. 28, 1992, as compared with net income of $242,000 or $.03 per share that was earned on revenues of $1,438,000 for the same period of last year. The 40 percent increase in net income was attributable primarily to the increased revenues, which resulted from the increased volumes of wastewater sludge handled by ENVIRx's Industrial sludge disposal operation.
 For the six months ended Feb. 28, net income was $956,000 or $.10 per share on revenues of $4,293,000. This represents a 72 percent increase over the $556,000 or $.06 per share that was earned on revenues of $3,038,000 for the same period in 1991. The increased revenues and net income resulted from the increased volumes of industrial sludge.
 On April 2, 1992, ENVIRx acquired all of the outstanding capital stock of G.C. Environmental, Inc. and in connection with the transaction, ENVIRx changed its fiscal year end from Dec. 31 to Aug. 31. ENVIRx is an environmental solutions company providing processing and disposal of wastewater sludge, construction of special waste disposal sites and environmental engineering, consulting and design of water pollution control equipment.
 ENVIRx LTD.
 Summary Data Table
 Three months Percent
 ended Feb. 28 1992 1991 Increase
 Revenues $1,866,000 $1,438,000 30
 Operating income 566,000 368,000 54
 Net income 338,000 242,000 40
 Earnings per share 0.04 0.03
 Weighted average shares
 outstanding 9,350,000 9,350,000
 Six months Percent
 ended Feb. 28 1992 1991 Increase
 Revenues $4,293,000 $3,038,000 41
 Operating income 1,540,000 896,000 72
 Net income 956,000 556,000 72
 Earnings per share 0.10 0.06
 Weighted average shares
 outstanding 9,350,000 9,350,000
 -0- 5/8/92
 /CONTACT: Tommy Fatjo, vice president of ENVIRx Industries, 713-956-1212/
 (ENVX) CO: ENVIRx Industries Inc. ST: Texas IN: SU: ERN


SM -- NY062 -- 8176 05/08/92 15:12 EDT
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Date:May 8, 1992
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