Eli Eco Logic Inc. - Saic Announce Strategic Marketing Agreement

Business Wire, Dec 7, 1994

TORONTO--(BUSINESS WIRE)--Dec. 7, 1994--ELI ECO LOGIC INC.(CANADIAN DEALING NETWORK:ELII)("Eco Logic") and Science Applications International Corp. ("SAIC") announce that they have entered into a strategic marketing agreement for marketing the Eco Logic Process and other environmental technologies which the two companies may develop.

The Eco Logic Process is a proprietary, patented mobile environmental technology which can destroy toxic, organic hazardous waste through a chemical reduction process at a competitive cost.

The Eco Logic Process was extensively tested under the U.S. Environmental Protection Agency's (EPA) Superfund Innovative Technology Evaluation (SITE) Program at a public demonstration in Bay City, Michigan, during 1992. In July 1994, the EPA released its technology evaluation report which found that "the demonstration confirmed the feasibility of the process for treatment of materials contaminated with PCBs and other organic compounds in an environmentally acceptable manner."

The two companies will focus on marketing to the U.S. Department of Energy (DOE) and the U.S. Department of Defense (DOD), agencies which are projected to spend billions of dollars on cleanup activities over the next decade. DOE has responsibility for cleanup of mixed toxic and low-level radioactive waste, which results from nuclear weapons manufacturing, uranium enrichment and nuclear facility operations. DOD is responsible for disposing of chemical weapons and other toxic wastes at its installations.

SAIC is a major DOE and DOD contractor, with business areas that include environment, energy, national security, transportation and systems integration. The employee-owned company has annual revenues of US$1.7 billion, and 17,000 employees in more than 250 locations worldwide. SAIC has a demonstrated track record for successfully developing environmental business with federal agencies and extensive experience in solving problems at chemically and radioactively contaminated sites.

"The Eco Logic Process and its related equipment are exceptional proprietary closed-system technologies applicable to a wide range of toxic organic compounds as well as to mixed chemical and radioactive wastes," said SAIC Senior Vice President Nicholas P. Trentacoste. "The process can separate toxic chemicals from soils, metals and other materials, changing them into useful and harmless chemicals."

Trentacoste also noted that the process's mobility, cost and environmental acceptance make it a preferred method to destroy high-strength organic wastes at almost any location in the U.S. with minimal risk.

Eco Logic, a Canadian public company, is involved in solving toxic chemical problems. The company has patented the proprietary Eco Logic Process and is currently commercializing the technology by constructing and utilizing the mobile ELI Destructor to dispose of toxic materials.

CONTACT: Douglas J. Hallett or Justin A. Connidis,

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