CATERPILLAR(R) Caterpillar World Trading Corporation 100 NE Adams Street Peoria, IL 61629-2470 October 4, 2001 Mr. James Solono Alliance Environmental Technologies Inc. P.O. Box 541309 Bronx, New York 10020 To Whom It May Concern: Please be advised that Caterpillar World Trading Corporation and Alliance Environmental Technologies Inc. have entered into an agreement whereby Alliance Environmental acquires Caterpillar product and pays for the Caterpillar product in scrap. In order to maximize the value of the scrap, Caterpillar World Trading Corporation in conjunction with Alliance Environmental will be marketing the scrap to various mills and foundries in North America and Western Europe. Best Regards, /s/ DJ Weston Business Trade Manager Western Hemisphere Caterpillar World Trading Corp. DJWeston Telephone: (309) 494-0519 Fax: (309) 494-0526