1301965 Ont. Inc.

October 31, 2005 15:13 ET

1301965 Ont. Inc. : Frank D'Addario Responds to Claim

OTTAWA, ONTARIO--(CCNMatthews - Oct. 31, 2005) - Frank D'Addario responded today to the news release issued by Environmental Management Solutions Inc. (TSX:EMS) on October 14, 2005 whereby EMS advised of a claim for D'Addario shares.

Mr. D'Addario stated that in the above claim of an agreement dated March 1, 2005 whereby Mr. D'Addario and related parties presumably hired the above for a fee of $5 Million and pledged 8,853,464 EMS shares to the above noted individual to be false. Mr. D'Addario stated that no such agreement was made and no such contract was entered into.

The authorities have been notified with this issue and will be dealt with accordingly.

Contact Information

  • 1301965 Ont. Inc.
    Frank D'Addario
    (613) 292-6057