Exhibit          99.1          Press Release

Amex Advises Environmental Safeguards of Noncompliance With a Continued Listing
Standard

HOUSTON, Texas, Aug. 22, 2002  On August 21, 2002, Environmental Safeguards,
Inc. (Amex: EVV) received a letter from the American Stock Exchange advising
that the Exchange had determined that Environmental Safeguards, Inc. is below
one of the Exchange's continued listing standards. The letter stated, in the
opinion of the Exchange, that the Company has sustained losses which are so
substantial in relation to its overall operations or its financial resources, or
its financial condition has become so impaired, that it appears questionable, in
the opinion of the Exchange, as to whether the Company will be able to continue
operations or meet its obligations as they mature. The Company has been
requested to contact the Exchange by September 2, 2002, to discuss the
submission by the Company of a plan of compliance. The plan of compliance must
be submitted by the Company by September 20, 2002. The Exchange stated that if a
plan of compliance is accepted by the Exchange, then the Company may continue
its listing on the Exchange for up to 18 months, during which time the Company's
compliance status with the Exchange will be subject to periodic review.

Forward Looking Statements contained in this press release involve risks and
uncertainties which should be read in conjunction with the Company's recent 10K
and 10Q Reports with particular reference to Information Regarding and Factors
Affecting Forward Looking Statements in the Management's Discussion and Analysis
of Financial Condition and Results of Operations.