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INTEGRATED LABS, INC. TRANSFORMS INTO AN ENVIRONMENTAL TECHNOLOGIES COMPANY

 NEW YORK, Dec. 22 /PRNewswire/ -- Integrated Labs, Inc. (OTC Bulletin Board: ITLB) of New York started 1992 by developing a network for marketing gamma irradiation equipment to sterilize medical waste.
 As the year ends, the company has broadened its focus and is seeking to transform itself into a vertically integrated, multiple technologies, environmental and pollution control business.
 Prospects for greater governmental attention to improving the environment and infrastructure, and the company's optimism about worldwide markets for new environmental technologies are largely responsible for the expanded focus.
 The speed with which Integrated's management responded to market signals and opportunities is characteristic of a new company unburdened with layers of decision-making. Charting the growth and changes in the company is like watching time-lapse photography of a budding flower ... the structure and purpose of the company is unfolding that quickly.
 The seed for Integrated's involvement in the environmental field is its access to technology. As the year began, Integrated's goal was to secure the rights to a gamma irradiation technology and viewed itself primarily as a marketing company with an objective of introducing gamma radiation equipment for the high-speed sterilization of infectious medical waste.
 Initially, Integrated affiliated with an organization to build a network of regional distributors for the medwaste irradiation equipment. The marketing plan calls for leasing the equipment to end-users such as transfer station and landfill operators who treat and dispose of large volumes of medwaste.
 While developing its medwaste sterilization marketing plan, several market forces and business opportunities convinced Integrated's management to move quickly to expand their vision.
 As it monitored international political and business events, Integrated's management became increasingly aware of Europe's environmental problems and associated business opportunities. The political realities in the United States also seemed to be moving in the direction of increased attention to environmental protection. These combined events created the energy and momentum for expanding the company's focus beyond medwaste treatment into a broader range of environmental technologies.
 Acquiring additional technologies became a high priority. The technology development company, through which Integrated secured the rights to the gamma radiation technology, had also developed other technologies for sludge management, oil conservation, plastics recycling and other environmental applications. Each of the technologies appeared to have immediate commercial potential. Subsequently, an expanded relationship was developed with the development company whereby Integrated will secure the exclusive marketing rights for all existing technologies, patents and processes and the right of first refusal on all future technologies developed by the company.
 With the rights to these multiple technologies secured, Integrated will become a kind of "technology warehouse," finding and developing environmental and pollution control markets for a wide array of technologies, products and processes.
 Meanwhile, having created a foundation for the marketing and distribution of medwaste sterilization equipment, business issues related to manufacturing costs, testing, quality assurance and deliverability emerged as a priority.
 At first, Integrated intended to contract for the manufacturing of the gamma irradiation equipment. After entering a manufacturing letter of intent with a qualified manufacturer, Integrated and the manufacturer realized they shared many of the same business goals. As a result, Integrated is in the process of expanding its relationship with the company. The manufacturer is expected to design, manufacture and test other environmental and pollution control technologies and rights to be acquired by Integrated.
 Integrated's rapid pace of development and evolution isn't expected to slacken during the coming year.
 With the beginning of 1993 Integrated is poised to exploit environmental and pollution control markets. Internally, the next steps involve expanding their management, financial and marketing infrastructure. This should be accomplished within the first quarter of the new year. Externally, the goals are to quickly bring the medwaste irradiation equipment to market and follow the same pattern for developing markets and manufacturing in such areas as sludge management, oil conservation and plastics recycling.
 /delval/
 -0- 12/22/92
 /CONTACT: Randolph Leidl, president of Integrated Labs, 212-751-6559, or fax, 212-753-0179; or John LaFrance of On-Time Communications, 609-795-3678, or fax, 609-795-1053, for Integrated Labs/
 (ITLB)


CO: Integrated Labs, Inc. ST: New York IN: SU:

SM -- NYYFNS5 -- 9024 12/22/92 06:50 EST
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Date:Dec 22, 1992
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