Eco Logic and GE Canada Sign Contract

Business Wire, Jan 16, 1996

TORONTO, Ontario--(BUSINESS WIRE)--Jan. 16, 1996--ELI ECO LOGIC INC. (TSE:ELI)(CANADIAN DEALING NETWORK:ELII.WT.A) ELI Eco Logic Inc. (ECO LOGIC) has signed a contract with GE Canada to process PCB materials at the former transformer manufacturing plant in Toronto.

ECO LOGIC officials believe the processing equipment will be set up and the clean-up underway by mid-year.

This is the first phase of an ongoing project. -0-

NOTE: This follows from the previous announcement of September 20, 1995, "ELI ECO LOGIC INC. AND GENERAL ELECTRIC CANADA INC. ANNOUNCE MULTI-PROJECT LETTER OF INTENT".

CONTACT: ELI Eco Logic Inc.

Dr. Douglas J. Hallett, 519/856-9591

519/856-9235 (Fax)