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INNOVATIVE ENVIRONMENTAL SERVICES SENDS TERMINATION NOTICE

 VANCOUVER, British Columbia, Nov. 18 ~PRNewswire~ -- Innovative Environmental Services Ltd. (Alberta: INV) ("IES"') announces that it has given to Jet Tech Inc. a notice of termination of its Supply and Marketing Agreement of July 23, 1992, with Jet Tech. The agreement was terminated by IES unilaterally and without cause in accordance with the termination provisions of the agreement. Under the agreement, IES had the opportunity to purchase Jet Tech products for resale and agreed to promote the sale and use of Jet Tech products. Jet Tech was to supply its products as well as technical assistance and training.
 IES elected to terminate the Jet Tech Agreement in view of its proposed acquisition of Transenviro Inc., which was announced this week.
 -0- 11~18~92
 ~CONTACT: Ron Drane of Innovative Environmental Services, 604-739-9298; or Shannon Squyers of Corporate Relations Group, 714-955-1860, for Innovative Environmental Services~
 (INV.)


CO: Innovative Environmental Services Ltd.; Jet Tech Inc. ST: British Columbia IN: SU:

JB-LS -- LA043 -- 2632 11~18~92 22:18 EST
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Publication:PR Newswire
Date:Nov 18, 1992
Words:167
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