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NATEC ANNOUNCES SIGNIFICANT IMPROVEMENT IN SECOND QUARTER RESULTS

 HOUSTON, July 21 /PRNewswire/ -- NaTec Resources, Inc. (NASDAQ: NATC) today reported operating results for the three and six months ended June 30, 1993.
 NaTec generated a loss from continuing operations for the three months ended June 30, 1993 of $195,000 or $0.02 per share, on revenues of $514,000, vs. a loss from continuing operations of $2,087,000, or $0.10 per share, on revenues of $1,019,000 for the corresponding quarter of the prior year.
 NaTec generated a loss from continuing operations for the six months ended June 30, 1993 of $360,000, or $0.04 per share, on revenues of $1,767,000, vs. a loss from continuing operations of $3,080,000, or $0.15 per share, on revenues of $1,330,000, for the corresponding six month period of the prior year.
 The significant reductions in the losses from continuing operations, as compared to the corresponding prior year periods, are attributable to, (I) improved operating margins generated by higher levels of nahcolite production, (II) increased gross margins associated with equipment installations, (III) lower operating costs resulting from the continued cost reduction efforts, and (IV) the recognition of an estimated loss on sale of assets of $958,000 recorded in the second quarter of 1992 in conjunction with the North American Chemical Company transaction.
 John McCormack, president and CEO of NaTec Resources, stated, "Our streamlined operations as well as lower nahcolite production costs and increased equipment revenues continue to provide significant favorable results over those of the prior year. We believe NaTec is well positioned to maximize the financial benefits generated by growing levels of interest in the marketplace for our technology."
 McCormack added, "We are pleased with the recent announcement of two awards by industrial plants that have selected NaTec's dry sodium injection technology for flue gas desulfurization. These applications are prime examples of the flexibility and cost effectiveness of this technology for emissions control in different areas of the FGD market."
 The net loss attributable to common shares for the three months ended June 30, 1993 was $553,000, or $0.02 per share, compared to $2,532,000, or $0.10 per share, for the three months ended June 30, 1992. The net loss attributable to common shares for the six months ended June 30, 1993 was $1,075,000, or $0.04 per share, compared to $4,137,000 or $0.16 per share, for the six months ended June 30, 1992. These amounts include the effect of the preferred stock dividends of $358,000 for the three month periods and $715,000 for the six month periods. Additionally, the net loss attributable to common shares for the three and six months ended June 30, 1993 includes $88,000 or $0.00 per share and $342,000 or $0.01 per share, respectively, of losses associated with the discontinued specialty chemical operations.
 NaTec is committed to the control of pollutants commonly associated with acid rain. The company provides consulting engineering, injection system installation, operations and maintenance services, and sorbent supply. Primary markets are utility, industrial power generation, pulp and paper, refining and municipal solid waste.
 NATEC RESOURCES, INC. AND SUBSIDIARIES
 Consolidated Statement of Operations
 Periods ended June 30, Three Months Six Months
 1993 1992 1993 1992
 Revenues $514,170 $1,018,671 $1,766,699 $1,330,123
 Cost of sales 417,865 1,140,169 1,447,582 1,753,140
 Gross profit (loss) 96,305 (121,498) 319,117 (423,017)
 Operating costs 291,244 951,086 608,287 1,571,533
 Operating loss from
 continuing operations (194,939) (1,072,584) (289,170) (1,994,550)
 Equity loss in
 affiliates 24,792) --- (139,566) ---
 Estimated loss on pending
 sale of assets --- (956,746) --- (956,746)
 Other income and expense 24,557 (57,404) 69,054 (128,452)
 Loss from continuing
 operations (195,174) (2,086,734) (359,682) (3,079,748)
 Loss from discontinued
 operations --- (87,734) --- (341,815)
 Net loss (195,174) (2,174,468) (359,682) (3,421,563)
 Preferred stock
 dividends 357,500 357,500 715,000 715,000
 Net loss attributable
 to common shares $(552,674)$(2,531,968)$(1,074,682)$(4,136,563)
 Loss attributable to
 common share (A):
 From continuing
 operations $(0.02) $(0.10) $(0.04) $(0.15)
 Net loss $(0.02) $(0.10) $(0.04) $(0.16)
 Average shares
 outstanding 25,486,106 25,458,787 25,487,431 25,458,787
 (A) Includes effect of preferred stock dividends.
 -0- 7/21/93
 /CONTACT: John T. McCormack of NaTec Resources, Inc., 713-552-2344/
 (NATC)


CO: NaTec Resources, Inc. ST: Texas IN: ENV SU: ERN

MP -- NY040 -- 3893 07/21/93 11:17 EDT
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Date:Jul 21, 1993
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