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Tuesday, 09/05/2000 1:28:24 PM

Tuesday, September 05, 2000 1:28:24 PM

Post# of 307
To all,

RTEK is a holding of mine for a few months now,in @ .16 for a ton! Nice consolodation in that area IMO, monthly numbers increasing EVERY month and this News from today! Also new equipment will be arriving in Nov. that will increase capacity tremendously! Rumors of sandpit deal,but you all know about rumors! Good fortune all!


Tuesday September 5, 9:31 am Eastern Time
Press Release
Tire Industry Problem Offered Solutions by Rubber Technology International
RTI Offers Ecological Solution to Tire Recycling Dilemma
LOS ANGELES--(BUSINESS WIRE)--Sept. 5, 2000--Rubber Technology International, Inc. (OTCBB:RTEK - news) announced today: ``We are taking a proactive approach to the tire industry's current growing demand to recycle defective tires by increasing our recycling capacity and reaching out to the tire manufacturers to guarantee proper and complete recycling of these tires,'' stated Trevor Webb, President and CEO of RTI.

``In August we processed 49% more tires than in July, an increase that can be attributed to the current recall and is evidence of the tire manufacturers' recent commitment to dispose of defective tires in an ecological manner,'' stated Webb.

The Company sees the disposal of scrap tires as a problem that is potentially devastating to the environment. According to the Scrap Tire Management Council (STMC), ``Between 270 million and 280 million tires a year are discarded in the USA.''

An article in USA Today (8/31/00) stated, ``About 500 million tires are in the U.S. landfills. That's particularly vexing because they often won't stay buried. Whole tires trap air and methane gas (which is generated by decaying materials in landfills), causing the tires to float to the surface. As a result, many tires are stored in tire piles or are dumped illegally.''

If the recently recalled 6.5 million tires were put in a single stack they would stand over 900 miles high.

Rubber Technology International, Inc. is addressing these problems and offering an ecologically sound solution by taking defective or worn out tires that would otherwise end up in landfills and turning them into useful products. Webb stated, ``In addition to the molded rubber products that we produce, our crumb rubber is sold for use in rubberized asphalt, molded safety devices, playground safety surfaces, equestrian arena footing, soil amendments, and rubber hoses and mats.''

This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, without limitation, continued acceptance of the company's products, legislative and marketplace changes, and governmental regulations affecting the company's operations.

For further information see the company's Web site located at www.RubberTechnology.com.






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