Exhibit 99.1
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NEWS RELEASE FOR IMMEDIATE RELEASE
For More Information Contact:
Phil Levin., Chairman & CEO
(419) 535-6374
N-VIRO ANNOUNCES NOTICE OF SETTLEMENT HEARING
Toledo, Ohio, August 27, 2004 - N-Viro International Corp. (OTC Bulletin Board:
NVIC.OB) announced today it has been notified by the Delaware Chancery Court on
August 25, 2004 that a date of October 14, 2004 has been set to hold a hearing
on the Company's proposed settlement of a derivative action filed June 11, 2003
by Strategic Asset Management, Inc., and to enter judgment on the settlement
terms. A Notice of Settlement Hearing and the Scheduling Order will be mailed
within seven days to all stockholders of record on August 25, 2004.
N-Viro International Corporation develops and licenses its technology to
municipalities and private companies. N-Viro's patented processes use lime
and/or mineral-rich, combustion byproducts to treat, pasteurize, immobilize and
convert wastewater sludge and other bio-organic wastes into biomineral
agricultural and soil-enrichment products with real market value. More
information about N-Viro International can be obtained by contacting the office
or on the Internet at www.nviro.com or by e-mail inquiry to info@nviro.com.
The Company cautions that words used in this document such as "expects,"
"anticipates," "believes" and "may," as well as similar words and expressions
used herein, identify and refer to statements describing events that may or may
not occur in the future. These forward-looking statements and the matters to
which they refer are subject to considerable uncertainty that may cause actual
results to be materially different from those described herein.
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