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EnvironmentalRX Releases New Product.

FARMINGDALE, N.Y. -- EnvironmentalRx (OTC.PK: EVRX), through its MD/Source division, has released MoldRx. MoldRx is applied directly to wood and sheet rock to prevent mold from occurring for up to seven years. Additionally, MoldRx acts as a preservative and is flame retardant. Currently EVRX has several dealers applying the encapsulent on homes and buildings on the East Coast. A new dealer who will apply MoldRx to building materials prior to shipment to lumber yards and building sites has just been brought on board. This new dealership is committed to purchase up to 5,000 gallons annually. The other dealers purchase from 100 to 500 gallons each. Each gallon of MoldRx can cover 250 sq. ft. of material.

This newest product in the fight against mold and other airborne contagions is the latest revenue stream for EVRX.

EnvironmentalRx is a multi-faceted company that encompasses health related services, indoor air quality, mold testing and remediation, products and information technology. The company is organized around indoor air quality, pollutant pathways and the methodology to overcome allergic, pathogenic and carcinogenic disease related to microorganisms. Each division is serviced at the EVRX clinics springing up nationwide. Currently operating in Conroe, Texas and Long Island, N.Y.

Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
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Publication:Business Wire
Date:Oct 18, 2004
Words:284
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