Woodland Hills, California March 22, 2004 -- Waste treatment growth company, Micro Bio-Medical Waste Systems, Inc. (Stock Symbol = MBWS) has completed the acquisition of a well established revenue generating company that offers complete, state-of-the-art medical waste collection, disposal and treatment services. See http://www.medwaste.us/investment.htm for more information.

MBWS is now launching an aggressive business expansion program, providing investors with a unique growth stock investment opportunity with significant potential for high returns. MBWS has announced the launch of 3 proposed new waste treatment facilities to be located in Arizona, Texas and Indiana, similar to the plant the company is operating in Hawaii. See http://www.medwaste.us/arizona-texas-indiana.htm for more information.

This is the first step in the business expansion plan that includes 7 additional domestic sites by the end of the year. MBWS has also been invited to participate in proposed joint ventures at 3 foreign sites.

ADVANCED WASTE TREATMENT TECHNOLOGY -- 80% Reduction In Volume with new Total Destruction capabilites to be added -- MBWS utilizes state-of-the-art environment friendly steam and microwave based medical waste treatment process to disinfect and reduce volume by up to 80% with NO harmful emissions or liquid discharges. More information can be found at http://www.medwaste.us/waste-treatment.htm

ENVIRONMENT FRIENDLY – In addition to the environmental benefits of the waste treatment technology, MBWS has also implemented a Reusable Sharps Container program designed to reduce costs for customers and provide the environmental advantages of reduced landfill waste (http://www.medwaste.us/environment-friendly.htm).

BUSINESS GROWTH – MBWS provides waste collection, transportation and treatment services to the government, health care and hospital industry. Newly acquired business contracts with Diagnostic Laboratory Services in Hawaii have been announced. DLS is the 14th largest medical laboratory in the nation (http://www.medwaste.us/medical-waste-services.htm

Current contracts include the State of Hawaii Judiciary, United States Navy and Marine Corps. Base Medical Centers, University of Hawaii's LEH Project as well as many private doctors and dentists offices and clinics. Sanitec has a joint-processing agreement with another local medical waste company.

EXPERIENCED MANGEMENT ADDED – See http://www.medwaste.us/perrin-madoff-ervin.htm -- MBWS has appointed 3 new Board of Directors members with extensive medical industry and business development experience.

Dr. Rupert A.L. Perrin, an Endocrinology and Immunology specialist, developed the first Early Pregnancy test and the first PSA test to detect the presence of prostrate cancer. Dr. Perrin has received the Wisdom Award given to individuals with distinguished contributions in making the world a better place, and he was twice nominated for a Nobel Prize in Science.

Dr. Lawrence Madoff has extensive medical microbiology experience including blood disorder research. Licensed in four states and fluent in several foreign languages, his access to numerous contacts and disciplines is expected to be a significant benefit to the company.

Scott A. Ervin, President and CEO, was also appointed to the Board. Mr. Ervin is a seasoned businessman with extensive investment banking experience whose business success philosophy of “balanced performance” focuses on “running on all income-producing cylinders throughout every level of the company."


Note: Certain statements in this news release may contain "forward looking statements" within the meaning of Private Securities Litigation Reform Act of 1995. These statements are subject to the safe harbor created by those rules. This release is for information purposes only. Micro Bio-Medical Waste Systems, Inc., has neither approved nor disapproved this release. This release is not an offer or solicitation to buy securities. This information should not be considered to be any type of investment opinion or advice. These statements are not guarantees of future results of performance.




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