Startech Environmental Corporation (OTC Bulletin Board: STHK), a fully reporting company, announced today that on January 24, 2007, its associate, Sicmar International Panama S. A. signed the contract with the City of David, Panama securing the land and the waste contract for the Sicmar Plasma Converter Facility. This new David contract is in addition to and follows the operational model of the first-of- its-kind 200 ton-per-day Sicmar Resource Recovery and Energy Center in Las Tablas, Panama. The David facility, although larger than the Las Tablas facility, will also be processing municipal solid waste and producing "green electrical power."

Victor Sziky, President of Sicmar International, said at the signing, "David, the capital of Chirjqui Province is the third largest city in Panama. Like the Las Tablas facility, David will also be the technical and financial model for several more replicated municipal facilities in Panama that address the country's national waste management crisis, and also the administration's vigorous sustainable-development initiatives."

Also at the signing ceremonies in Panama, Startech Sales VP, Stephen J. Landa, said, "We expect to get started manufacturing the systems in the next few months for a commissioning date in 2008."

About Sicmar International

Sicmar International Panama S.A., is a waste-processing-and-energy project-development company headquartered in Panama City, Panama and the Company's exclusive representative in the Republic of Panama.

For further information, please contact Victor Sziky at Sicmar International Panama S.A., Edificio De Lesseps, Office 9-1, Avenida Muauel Marie Icaza, Panama City, Republic of Panama or victorsicmar@gmail.com.

About Startech -- The Environment and Energy Company

Startech Environmental is an 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 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 commodity products from feedstocks 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, (203) 762-2499 EXT 7 or sales@startech.net.

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.

Source: prnewswire