Tundra Environmental Corporation Limited - Acquisition Of Environmental Consulting Company

Business Wire, Jan 13, 1995

MARKHAM, ONTARIO--(BUSINESS WIRE)--JAN. 13, 1995--TUNDRA ENVIRONMENTAL (Alberta Stock Exchange:TUN) Tundra Environmental Corporation Limited (Tundra) is pleased to announce that it has acquired 100 percent of the issued and outstanding shares of DeFeo, Wait & Pare, Inc. (DWP) and its subsidiary company DWA Environmental, Inc., (DWAE) of Raynham, Massachusetts in exchange for 470,329 common shares of Tundra which were valued at 75 cents per share, reflecting a total value of $352,767.

DWP is an environmental consultant company specializing in the areas of Solid Waste Handling and Disposal, Wastewater Treatment and Disposal, Water Supply, Environmental Assessments and Site Remediation, Hydrogeologic Studies, Land Use Planning and Land Survey. DWAE is a wholly owned subsidiary involved in the operation of water and wastewater treatment facilities in Massachusetts.

DWP and DWAE were subsequently acquired by and will be operated by Briggs Associates, Inc. (Briggs) which is a wholly owned subsidiary of Tundra. Briggs is also a provider of Environmental Consulting Services.

The addition of DWP and DWAE to Briggs will allow the Corporation to provide clients with a broader range of environmental services. -0- NOTE TO EDITORS: THE CONTENTS OF THIS PRESS RELEASE HAVE NEITHER BEEN APPROVED NOR DISAPPROVED OF BY THE ALBERTA STOCK EXCHANGE.

CONTACT: Tundra Environmental Corporation Limited

Richard M. Tuttle, Chairman and C.E.O.

905/479-3057; Fax: 905/479-5490

or

Briggs Associates, Inc.

David S. Campbell, President

617/871-6040; Fax: 617/871-2461 REPEATS: New York 212-575-8822 or 800-221-2462; Boston 617-330-5311 or

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