ENVIRON & Boelter Associates Sign Letter of Intent


ARLINGTON, VA -- (MARKET WIRE) -- May 15, 2007 -- Ewire -- Joseph H. Highland, Ph.D., C.E.O. of ENVIRON Holdings, Inc. (ENVIRON), and Fred Boelter, C.I.H., P.E., Founder and Chairman of Boelter Associates (Boelter), have announced the signing of a Letter of Intent for ENVIRON to acquire Boelter -- the largest single acquisition in the firm's history.

In making the announcement, Highland commented, "Through working together with Fred and his colleagues, we have been impressed by Boelter's technical expertise, professional resources, industry reputation, and marketplace presence, which are highly compatible with ENVIRON." According to Highland, the acquisition is ideally aligned with ENVIRON's deliberate strategy of growing through acquiring talent in existing service areas or expanding into geographies where clients would directly benefit from the firm's presence. The addition of Boelter's organization of 50 positions us to offer clients a significantly expanded array of in-depth occupational health & safety and building sciences expertise.

Boelter commented, "We are delighted to be joining ENVIRON, a firm equally committed to the goals of maintaining scientific integrity in client engagements and delivering value that we believe is unique in our industry." He continued, "Professional synergies abound -- our architectural, scientific, engineering, and geologic practice areas complement, expand, and add practical depth to ENVIRON's established building energy conservation and indoor environmental quality practices. Together we make a very strong team."

An international environmental and health sciences consulting firm with 65 offices in the Americas, Europe, and Asia Pacific, ENVIRON partners with worldwide clients to assess and manage the potential environmental, health, and energy issues associated with their activities and products. The firm supports clients' efforts to reduce or eliminate health and environmental impacts across their business life cycles.

Located in Park Ridge, Illinois, Boelter provides industrial hygiene, safety, environmental engineering, and building sciences consulting, risk management, and dispute resolution services to a wide range of clients, including architects, developers/property managers, commercial and industrial companies, attorneys, universities, and local governments.

Contact Information: For more information, please contact: Jeanne Bezerra Marketing Communications Director ENVIRON Holdings, Inc. 214 Carnegie Center, Princeton, NJ 08540 +1 609 243-9840 Email Contact