ESW Announces Results For First Quarter

Date: May 23, 2002

Source: News Room

Environmental Solutions Worldwide Inc. (OTCBB: ESWW), which develops, manufactures and sells environmental technologies, has announced the results for its first fiscal quarter ended March 31, 2002. Revenues for the three months ended March 31, 2002 were $393,318 compared with $99,916 for the same period last year. The increase is attributed in part to the company's transition from a development-stage company to an operating company. The net loss declined for the three months ended March 31, 2002 to $485,225 or $0.012 per share from $925,241 or $0.028 per share for the same period last year. More information: www.cleanerfuture.com.

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