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SECURITY ENVIRONMENTAL SYSTEMS INC. ANNOUNCES AUTHORIZATION OF PRO RATA RELEASE OF SHARES HELD IN ESCROW

 SECURITY ENVIRONMENTAL SYSTEMS INC. ANNOUNCES AUTHORIZATION
 OF PRO RATA RELEASE OF SHARES HELD IN ESCROW
 GARDEN GROVE, Calif., Dec. 12 /PRNewswire/ -- Security Environmental Systems Inc. (NASDAQ: SENV), which provides medical and hazardous waste disposal and transportation services, announces that the Vancouver Stock Exchange has authorized a pro rata release of 1,798,277 shares currently held in escrow. These shares were released in accordance with the terms of the Escrow Agreement based on the company's financial performance over the previous four fiscal years. The escrowed shares are owned by Alfred Grossman, Stephen Grossman and Jonathan Grossman.
 -0- 12/12/91
 /CONTACT: Phil Teka of Security Environmental Systems Inc., 714-892-6645/
 (SENV) CO: Security Environmental Systems Inc. ST: California IN: SU:


DM-CH -- LA011 -- 1984 12/12/91 13:10 EST
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Publication:PR Newswire
Date:Dec 12, 1991
Words:128
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