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For the G_Whiz oil recycling guy... Fix-Corp Revolutionizes HDPE/Oil Recycling



      Fix-Corp International, Inc.;  Worldwide Licensing Agreement with
AlliedSignal Inc., 
Federal Manufacturing &   Technologies Revolutionizes HDPE Container
Recycling & Motor 
Oil Recovery

      BEACHWOOD, Ohio, Sept. 30 -/E-Wire/-- Fix-Corp International, Inc.
(Nasdaq EBB: 
FIXC) announces a worldwide licensing agreement with the Federal
Manufacturing & 
Technologies business unit of AlliedSignal Inc. (NYSE: ALD), giving Fix-Corp
the rights to a 
patent pending process for separating motor oil from the high-density
polyetylene (HDPE) plastic 
containers that consumers commonly use.  Fix-Corp believes that this process
will have a 
tremendous impact on HDPE recycling, motor oil recovery, and a move toward
cleaning up 

     Earlier this year, Fix-Corp was awarded a $256,868 Research Grant by
the Integrated Waste 
Management Board of the State of California, to help develop a solution for
the massive problem 
of non-recyclable HDPE motor oil containers. Mark Fixler, Chairman/CEO of
International emphasized, "There are approximately 2 billion motor oil
containers being 
deposited annually in US landfills alone.  Each container has approximately
1 oz. of residue 
remaining on the inside surface.  Until now, recycling has not been
feasible.  Disposal of these 
motor oil containers magnifies the existing problem faced by every American
landfill; handling, 
storage, and more critically, this oily residue, seeping into the soil and
contaminating ground 
water.  The numbers are staggering.  Regarding our own business and
profitability, we are talking 
about an enormous and previously untapped supply of HDPE from which to draw
upon.  For 
example, approximately 250 million pounds of HDPE annually (roughly 8
bottles per pound), 
and in excess of 15 million gallons of recovered motor oil will be available
for recycling 
annually. Research estimates place an approximate value of $O.15/lb, for the
plastic and 
$4.00/gallon for the oil.  We anticipate gathering a significant share of
these oil containers from 
our own units to be located at solid waste facilities and pumping both
reclaimed materials, the 
plastic resin pellets and the motor oil, back into the economy."

     Significant factors promoting the Fix-Corp/AlliedSignal alliance are
explained by FIXCOR 
President, Gary Delaurentiis: "Based on the California Research Grant our
strategic plan was to 
1) develop the HDPE/oil separation process, 2) design the necessary
equipment to support the 
process, 3) build an infrastructure network capable of collecting the
containers with distribution 
to our recycling facility, and 4) provide education to the public as to the
importance of proper 
disposal methods of the newly recyclable containers. AlliedSignal read about
the work we were 
doing at FIXCOR and contacted us with a process already developed by Federal
& Technologies, which manages and operates the US Department of Energy's
Kansas City Plant. 
AlliedSignal recognized both the commercial and environmental value to
utilizing the process in 
the private sector and approached us to enter into a licensing agreement."

     Fixler concludes, "AlliedSignal is recognized world wide as an
environmentally friendly 
company, a giant in aerospace, and for its long standing relationship with
the US Department of 
Energy.  This is a significant alliance for Fix-Corp international,
expanding our focus to the 
HDPE recycling industry."

     Fix-Corp International, Inc. is a producer of post consumer High
Density PolyEthylene 
through their 57,000 sq. ft. FIXCOR Industries plastic recycling facility,
located in Heath, Ohio.  
SOURCE  Fix-Corp International, Inc.

     -0-     09/30/97

     /CONTACT:  Mark Fixler, President, Chairman and CEO, 216-292-3182 or
Bill Buckholtz, 
Company Relations, 216-292-6141/ (FIXC ALD)  
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