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EPS Forms New Division

June 1, 2000
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GARDEN CITY, N.Y. — James Randall, chief executive officer of Environmental Processing Systems, Inc. (EPS), announced the formation of a new division, Precision Polymer Resources, Inc. As a wholly owned subsidiary of EPS, the new division will manage the marketing and sales activities as well as production allocation for the company’s network of plants.

EPS manufactures fine rubber powders from waste tires and other scrap rubbers. Sold under the trade name PolyDyne™, these fine powders are derived from whole tire rubber, styrene-butadiene, butyl, ethylene-propylene, neoprene, nitrile, natural rubber, and other elastomeric polymers and compounds. The powders are used in a variety of applications, including adhesives and sealants, chemical compounds, paint, tires, automotive parts, thermoplastic goods, industrial and construction products, and consumer goods.

“With the formation of Precision Polymer Resources, Inc., we are able to fulfill customers’ needs for a commercial volume of fine rubber powders, enabling EPS to concentrate on developing additional opportunities worldwide,” explained Randall.

Randall will assume additional responsibilities as president for the new division, which will be located at EPS’s headquarters in Garden City, N.Y.

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