Startech Environmental Corp Reports Strong Third Quarter Financials

Startech Environmental Corp Reports Strong Third Quarter Financials

October 15, 2007

    WILTON, Conn., Oct. 15 /Xinhua-PRNewswire/ -- Startech
Environmental Corp. (OTC Bulletin Board: STHK), a fully
reporting company and the internationally recognized,
award-winning environment and energy company announced
today that its Quarterly Report, filed with the SEC on
September 14, shows Shareholders' Equity in excess of $5
million with approximately $10 million in Cash on Hand,
along with Plasma Converter Systems Sales of approximately
$25 million.

    The Company has also received additional cash
partial-payments of approximately $3.5 million for the
systems sold and in production. 

    Startech VP and CFO, Peter Scanlon, said, "With
production for the systems sold well underway, the fact is
that the Company has never before been as strong as it is
today, and getting stronger." 

    About Startech -- The Environment and Energy Company

    Startech is the internationally recognized,
award-winning environment and energy industry company
engaged in the production and sale of its innovative,
proprietary plasma processing equipment known as the Plasma
Converter System(TM). 

    The Plasma Converter System safely and economically
destroys wastes, no matter how hazardous or lethal, and
turns most into useful and valuable products. In doing so,
the System protects the environment and helps to improve
the public health and safety. The System achieves
closed-loop elemental recycling to safely and irreversibly
destroy Municipal Solid Waste, organics and inorganics,
solids, liquids and gases, hazardous and non-hazardous
waste, industrial by-products and also items such as
"e-waste," medical waste, chemical industry waste
and other specialty wastes, while converting many of them
into useful commodity products that can include metals and
a synthesis-gas called Plasma Converted Gas (PCG) (TM).

    Among the many commercial uses for PCG, is its use to
produce "green electrical power," Gas-To-Liquid
(GTL) fuels such as ethanol, synthetic diesel fuel and
other higher alcohol "alternative" fuels.
Hydrogen, for use and sale, can also be separated and
recovered from the PCG synthesis gas mixture.

    The Startech Plasma Converter is essentially a
manufacturing system producing valuable commodity products
from feedstock-materials that were previously regarded as
wastes. 

    Startech regards all wastes, hazardous and
non-hazardous, as valuable renewable resources.

    For further information, please visit
http://www.startech.net or contact Steve Landa at (888)
807-9443, [phone] EXT 7 or [e-mail].

    Safe Harbor for Forward-Looking Statements

    This press release contains forward-looking statements,
including statements regarding the Company's plans and
expectations regarding the development and
commercialization of its Plasma Converter(TM) technology.
All forward-looking statements are subject to risk and
uncertainties that could cause actual results to differ
materially from those projected. Factors that could cause
such a difference include, without limitation, failure of
the customer to obtain appropriate financing for the
project, general risks associated with product development,
manufacturing, rapid technological change and competition as
well as other risks set forth in the Company's filings with
the Securities and Exchange Commission. The forward-looking
statements contained herein speak only as of the date of
this press release. The Company expressly disclaims any
obligation or undertaking to release publicly any updates
or revisions to any such statement to reflect any change in
the Company's expectations or any change in events,
conditions or circumstances on which any such statement is
based.




    For more information, please contact:

     Steve Landa
     Startech Environmental Corp.
     Tel:   [phone] or [phone] x7
     Email: [e-mail]