Thursday, June 05, 2003

N-Viro International reports decreases in earnings, revenue

N-Viro International reports decreases in earnings, revenue

TOLEDO, OHIO (June 3) -- N-Viro International Corp. posted decreases in
revenue and net income for the first quarter and
attributed the downturn to inclement weather during the period.

N-Viro reported a net loss of $138,000 on revenue of $1.25 million for
the quarter ended March 31. Those figures compare
with net income of $24,000 on revenue of $1.42 million for the
corresponding quarter of 2002.

The later winter and spring delayed agricultural and topsoil product
sales, which negatively affected the company´s first-quarter
results, said Terry J. Logan, CEO of N-Viro International.

The Toledo-based company´s patented process uses lime and combustion
byproducts to treat and convert wastewater sludge
and other organic waste into agricultural and soil-enrichment products.
N-Viro International develops and licenses its
technology to municipalities and private firms.