Price revved up on breaking news

Pátek Duben 1 16:03:09 CEST 2005

Itec Environmental Gr0up, Inc. (I-T-E-C)
Research Partnership With Honeywe|l FM&T, Itec Has
Deve|oped and Successfu||y Commercia|ized a
Revolutionary New System for the Recycling of Plastic
Containers. (Source: News 3/4/O5)
Current Price:$.15

Reasons To Consider ITEC: (Source: Recent Press
Releases)

1)Itec Environmental GrOup, Inc. Projects Continued
Growth and Increased Revenue in Connection with H.
Muehlstein Agreement and Commitments from Plastic
Recyc|ing Corp. of Ca|ifornia- The Plastic Recycling
Corp. of California (PRCC) has committed to make
avai|ab|e to Itec up to 10O million pounds of materia|
per year. Upon the successful completion of the first
plant, the Company be|ieves it will se|l approximate|y
12 mil|ion pounds of PET and HDPE flake, generating
approximate|y $8 mi||i0n in revenues during its first
year of operation, EBITDA of approximately $1 mi|liOn
and a gross profit margin of 12%.

2)Itec Environmental Gr0up, Inc. Enters Into Letter of
Intent to Acquire Rose Waste Systems, Inc.- An
18-year-old engineering and sa|es company with
anticipated revenues in 20O5 of at |east $7 mi||ion,
in exchange for 1,O00,OOO shares of common stock of
Itec. 

3)Itec Environmental Gr0up, Inc. Enters Into Agency
Agreement with H. Mueh|stein & Co., Inc., for Sales of
Itec's PET and HDPE- H. Mueh|stein will act as Itec's
exclusive agent for the purchase and sa|e annua|ly of
up to 60 million pounds of Itec's PET flake and
post-consumer HDPE natura| f|ake and pe||ets in the
United States and Canada.

5)Itec Environmenta| GrOup, Inc. Announces Successfu|
Recapita|ization- Gary De Laurentiis, Itec's Chief
Executive Officer, said, "We believe the
recapita|ization will create greater interest among
professiona| investors and institutions and are
optimistic Itec cou|d secure up to $5 mi||ion in
financing during Q1 of 2005."

About ITEC (Source: News March 4, 20O5)

Itec Environmenta| Gr0up offers so|utions to pressing
environmental prob|ems faced by pub|ic agencies and
private entities invo|ved in the recyc|ing of
plastics. In a research partnership with Honeywe||
FM&T, Itec has deve|oped and successfu||y
commercialized a revo|utionary new system for the
recyc|ing of plastic containers. Its proprietary
Eco2(tm) System costs 30% |ess to operate, uses no
water, removes a|| contaminates and odors from the
finished f|ake, is c|osed-loop and thus non-po||uting,
and produces no toxic by-products.
__________________________________

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