Envirokare Tech, Inc. Announces Appointment of George Kazantzis as Executive Vice President

    LAS VEGAS--July 15, 2002--Envirokare Tech, Inc. (OTCBB:ENVK), a marketer of the state-of-the-art Thermoplastic Flowforming (TPF) composite technology and developer of proprietary long-fiber reinforced products, announced that George Kazantzis has been appointed as Executive Vice President of Envirokare. Mr. Kazantzis assumes responsibility for corporate development activities, with particular emphasis on marketing, corporate structuring, financing and business development.
    Mr. Kazantzis joins Envirokare with over 25 years of executive management and consulting experience in marketing, corporate structuring, finance, mergers and acquisitions. His marketing achievements include the creation and launch of a successful license-merchandising program under the Team Gear USA(R) brand, in conjunction with Time Warner Sports Merchandising, World Cup USA and US Soccer Federation. Subsequently, Mr. Kazantzis, in a joint venture in conjunction with Merrill Lynch Inter-Funding Inc., facilitated a complex merger and acquisition transaction involving several Southern California clothing companies and brands to create Pacific Outlook, Inc., a major U.S. sportswear manufacturer. At Pacific Outlook, he was responsible for product licensing, trademarks and registrations, in addition to handling sales and marketing both domestically and internationally. Previously, he managed several successful corporate restructurings, most recently as a managing director of SLC Leasing Co. Ltd., working with Corporate Performance Advisors Ltd., Thailand, where he oversaw the restructuring of an automotive finance company with 42 offices and 400 employees.
    Mr. Kazantzis will be responsible for Envirokare's corporate development activities including marketing, strategy and implementation. The Company's current marketing initiatives include discussions within such industries as automotive (bumper components and trunk lining inserts), materials handling (automotive pallets, E Pallet and bins), construction, and marine, in connection with modular components for pilings, docks and piers. The Company cannot assure that any of such marketing initiatives will be successful. As previously announced, in 2001, Thermoplastic Composite Designs, Inc., developer of the TPF technology, granted to Envirokare Composite Corp., a wholly owned subsidiary of the Company, a license to market the TPF technology and to utilize the technology to develop and produce products for a wide array of industry sectors.
    "George Kazantzis is a senior executive with a proven record of performance in marketing and corporate development," said Steve Pappas, President of Envirokare. Mr. Pappas also commented, "We anticipate that Mr. Kazantzis will be instrumental in directing our Company into the commercial stage of operations, which we expect will occur before the end of this year with the completion of product/technology development agreements that are currently in negotiation. We feel fortunate to have an individual of Mr. Kazantzis' caliber join Envirokare."
    Envirokare welcomes inquiries regarding their products and programs. Interested parties are also directed to the SEC's EDGAR electronic database to obtain currently filed Envirokare corporate information.

    This news release contains forward-looking statements. In particular, when used in the preceding discussion, the words "plan," "confident that," "anticipate," "believe," "expect," "intend to" and similar conditional expressions are subject to certain risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings, and other risks.