EXHIBIT 20.2
                                                               
							       
							       NEWS RELEASE


FOR IMMEDIATE RELEASE              Contact:  C. Fred Harlow
					     Chief Financial
					     Officer
					     (770) 381-7566


		 ISOLYSER ANNOUNCES ADOPTION OF STATUTORY
		       CORPORATE TAKEOVER PROVISIONS


NORCROSS, Georgia (June 4, 1996) - Isolyser Company, Inc.
(Nasdaq/NM:OREX) today reported that its Board of Directors had,
at its June 21, 1996 meeting, amended its Bylaws to make
applicable to Isolyser provisions authorized by the Georgia
Business Corporation Code relating to business combinations with
interested shareholders (the "Corporate Takeover Provisions").

     Robert L. Taylor, chairman, president and chief executive
officer of Isolyser, commented "Isolyser's Board of Directors, as
a part of its overall planning for Isolyser during its recent
Board meeting, determined that it was in the best interest of
Isolyser and its shareholders to adopt the provisions of
Georgia's statute which provides to the Board of Directors
greater flexibility and authority to negotiate and seek to
achieve the best result for Isolyser and its shareholders in the
event of any unsolicited proposals to acquire or restructure
Isolyser."

     The Corporate Takeover Provisions are designed to encourage
any person, before acquiring 10% of Isolyser's voting shares, to
negotiate with and seek approval of Isolyser's Board of Directors
concerning the terms of any contemplated business combination. 
The Corporate Takeover Provisions prevent for five years certain
business combinations with an "interested shareholder" (as
defined in the statute) unless (i) prior to the time such
shareholder became an interested shareholder, Isolyser's Board
approved either the business combination or the transaction that
resulted in the interested shareholder becoming an interest
shareholder, (ii) in the transaction that resulted in the
shareholder becoming an interested shareholder, the interested
shareholder became the beneficial owner of at least that number
of shares (the "90% Share Amount") equal to 90% of the
outstanding voting shares of Isolyser excluding shares owned by
Isolyser's officers, directors, affiliates, subsidiaries and
certain employee stock plans, or (iii) subsequent to becoming an
interested shareholder, such shareholder acquired additional
shares resulting in the interested shareholder becoming the owner
of at least the 90% Share Amount and the business combination was
approved by a majority of the voting stock entitled to vote on
the business combination, excluding from such vote the voting
stock beneficially owned by the interested shareholder or by
Isolyser's officers, directors, affiliates, subsidiaries and
certain employee stock plans.  The Corporate Takeover Provisions
may be repealed only by the affirmative vote of (i) two-thirds of
all directors who are unaffiliated with the interested
shareholder and (ii) a majority of all outstanding shares,
excluding those held by affiliates of an interested shareholder. 
Shareholders of Isolyser who became interested shareholders prior
to the time of adoption of the Corporate Takeover Provisions are
not subject to such provisions.

     Isolyser, based in Norcross, Georgia, has developed and
manufactured OREX(C) Degradables(TM), a series of products made from
a thermoplastic, hot water soluble polymer that can be configured
into an array of products such as woven and non-woven fabrics,
film and thermoformed and extruded items.  These products can be
dissolved after use, in hot water in a specially designed OREX 
processor similar to a commercial washing machine, for safe
disposal through municipal sewer systems.  The Company believes
that this line of products provides protection to the hospital
staff, patient and environment while providing cost-effective
solutions to the problems associated with waste reduction and
disposal.