The Dissident Shareholders of EMS

February 25, 2005 18:10 ET

EMS Dissident Shareholders Respond to Company Actions


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: THE DISSIDENT SHAREHOLDERS OF EMS

FEBRUARY 25, 2005 - 18:10 ET

EMS Dissident Shareholders Respond to Company Actions

TORONTO, ONTARIO--(CCNMatthews - Feb. 25, 2005) - The Dissident
Shareholders of Environmental Management Solutions Inc. ("EMS")
(TSX:EMS) announced today that no order was issued by the Ontario
Superior Court of Justice restraining the holding of a meeting of EMS
shareholders to be held on March 17, 2004 at 2:00 p.m. (Mountain time)
at The Westin Calgary, located at 320 4th Avenue SW, Calgary, Alberta in
connection with the application by EMS and Kevin O'Leary, a director of
EMS.

In addition, Mr. Frank D'Addario commented that the allegations
regarding the issuance of 200,000 common shares of EMS to his parents
without payment are factually incorrect, defamatory and wholly
inaccurate.

The Dissident Shareholders believe in the original vision and strategy
upon which EMS was founded: to become a national integrated service
provider to the environmental remediation industry. This strategy was
developed to take advantage of the window of opportunity in the industry
created by customers searching for national suppliers to deal with their
environmental issues and the growing need for soil treatment facilities
and organic waste treatment sites. EMS was being built to offer full
environmental services on a national basis through regional strengths.
The Dissident Shareholders believe that EMS's present business model has
changed so drastically that it no longer supports the total solutions
approach but rather has become an organization with a loss of identity,
direction and vision.

This press release does not constitute a proxy solicitation.

For further information go to www.emsdissidents.com.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    The Dissident Shareholders of EMS
    Frank D'Addario
    (613) 292-6057
    or
    The Dissident Shareholders of EMS
    Robert Palumbo
    (416) 245-8912
    or
    Kingsdale Shareholder
    Toll-Free: 1-866-749-5464