Startech Signs $10 Million Contract To Send System To Poland

Date: October 24, 2002

Source: News Room

Startech Environmental Corp. (Nasdaq: STHK), a manufacturer of plasma-based systems for the conversion of waste into useful commodity products, has announced that Dobrow-based Chempol, Sp. Z o.o., a private chemical company in the Silesian coal-producing region of Poland, has signed a sales contract to buy a 10-ton-per-day Plasma Converter System. The system is expected to be shipped to Poland during the summer of next year. Chempol will be using Startech's Plasma Converter System to process pesticides. With this sales contract, Startech will exceed the its previously announced guidance of $10 million in sales and backlog for calendar year 2002.

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