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ICC TECHNOLOGIES AND ENGELHARD CORPORATION FORM NEW EQUAL PARTNERSHIP CONSISTING OF ICC ASSETS AND A $10 MILLION ENGELHARD CONTRIBUTION

 PHILADELPHIA, Sept. 9 /PRNewswire/ -- ICC Technologies, Inc. (NASDAQ Small Cap: ICGN), and Engelhard Corporation (NYSE: EC) have taken the next step in their joint development efforts by entering into an agreement to form a new partnership, Irwin L. Gross, chairman of ICC Technologies announced today.
 The new partnership is structured with 50/50 ownership between ICC and Engelhard, in which ICC would contribute substantially all of its assets and Engelhard would contribute $10 million plus a license for certain Engelhard proprietary technology. The transaction is subject to the satisfaction of several conditions including ICC shareholder approval, Engelhard board approval and the successful testing of highly energy efficient, refrigerant-free air conditioning systems arising out of the ICC/Engelhard joint development program. The tests are expected to be completed in the fourth quarter of 1993.
 ICC Technologies is a leading developer of air conditioning and climate control systems for supermarkets, department stores, health care facilities and other commercial and industrial buildings. Engelhard Corporation is a world-leading provider of specialty chemical products, engineered materials and precious metals management services.
 -0- 9/9/93
 /CONTACT: Albert Resnick, director of ICC Technologies, Inc., 215-625-0700/
 (ICGN EC)


CO: ICC Technologies, Inc.; Engelhard Corporation ST: Pennsylvania IN: CPR SU: JVN

WB-TW -- NY016 -- 0225 09/09/93 10:25 EDT
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Publication:PR Newswire
Date:Sep 9, 1993
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