Integrated Environmental Technologies, Ltd. Reports First Quarter Results & Sales up 84%

Integrated Environmental Technologies, Ltd. Reports First Quarter Results & Sales up 84%

LITTLE RIVER, S.C.--(BUSINESS WIRE)--May 23, 2006--Integrated Environmental Technologies, Ltd. (OTCBB:IEVM) announced the release of its financial results for the first 3 months of 2006. Sales for the period ending March 31, 2006 were $112,976 compared to $61,370 for the same period in 2005, an increase of 84 percent, as a result of having sold more of its products (EcaFlo)(TM) equipment).

As of March 31, 2006 Integrated Environmental Technologies, Ltd., had a sales backlog. Cost of production, as a percentage of sales, decreased as production efficiencies were realized. Gross profit-margin-ratio for the first quarter of 2006 was approximately 67% as compared to 51% reported during the same period of time in 2005. This was the result of additional sales volume without corresponding fixed income cost increases.

These statements are taken from the results of operations in Integrated Environmental Technologies, Ltd.'s March 31, 2006 10-QSB SEC filing. The complete 10-QSB for the period ending March 31, 2006 may be fully viewed at the following link: http://ietltd.net/sec.html

William Prince, President and CEO of Integrated Environmental Technologies, Ltd., said, "Sales are trending upwards and manufacturing proficiency is improving as reflected in our numbers. Moving from 'development-stage' to 'operating-stage' is a transition that occurs as a result of building solid fundamentals within the company." Prince further stated, "Product knowledge and awareness of our EcaFlo(TM) equipment is growing as we sell our equipment to repeat customers in applications areas such as oil and gas, as well as food safety. We continue to push ahead into new market areas as our research leads us."

About Integrated Environmental Technologies, Ltd. and its wholly-owned operating subsidiary, I.E.T., Inc.:

EcaFlo(TM) Division - IEVM is licensed in the United States by Electro-Chemical Technologies, Ltd. The EcaFlo(TM) Division of IEVM's wholly-owned operating company (I.E.T., Inc.) designs, markets, assembles and sells equipment under the EcaFlo(TM) name brand. This specially designed and built equipment produces reliable, environmentally- friendly anolyte and catholyte solutions, by utilizing electro-chemical activation (ECA) of water. These solutions effectively control bacteria, viruses, fungi, and other microorganisms without harming the environment.

To learn more about IEVM's EcaFlo(TM) Division, please visit our websites at www.ietusa.net and www.ietltd.net.

Forward-Looking Statements: The statements in this press release regarding future opportunities and any other effect, result or aspect of EcaFlo(TM) equipment and any other statements, which are not historical facts, are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, costs and difficulties related to the sale of EcaFlo(TM) equipment, the state of the Company's current operations, results of tests, applicability of the Company's technology, costs, delays, and any other difficulties related to the Company's business plan, the Company's sources of liquidity, risks and effects of legal and administrative proceedings and governmental regulation, future financial and operational results, competition, general economic conditions, marketability of the Company's EcaFlo(TM) equipment, and the ability to manage and continue growth. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. We undertake no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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