FOR IMMEDIATE RELEASE
Date:  June 6, 1997
OTC Bulletin Board Symbol:  CVOL
Covol Investor Contact:                          Alan Ayers (801) 768-4481
                                                            (801) 768-4483 FAX

COVOL Technologies, Inc., announces licensing agreement with Covol Australia,
Ltd.

Lehi, Utah--Covol Technologies, Inc. (CVOL) today announced that it has entered
into a new licensing agreement with Covol Australia Ltd. ("CAL") to expand the 
use of its patented technology to that mineral rich country.

Covol maintains a 15 percent interest in CAL and Brent M. Cook, President and
CEO of Covol, is a member of CAL's board of directors. CAL has received its
initial capitalization and is working to be listed as a public company in
Australia.

Alan Doyle is the Chairman of CAL and brings to it a background in resource
recovery and financial services, including work as a mining analyst for two
international stock brokerage companies before establishing his own corporate
advisory company in Australia. Doyle is also chairman of International Precious
Metals, Inc., a listed U.S. mining corporation with operations in Arizona.

CAL will use Covol's patented technology to recycle waste by-products from the
Australian coal and steel industries into fuel and iron briquettes. CAL will
also extend the technology to recover other minerals and metals.

Covol Technologies, Inc. is a technology development company focused on 
recycling yesterday's waste into tomorrow's resources.

Forward looking statements in this release involve a number of risks and
uncertainties including, but not limited to, product demand, market acceptance,
changing economic conditions, risks in product and technology development, the
effect of the company's accounting policies and other risk factors detailed in
the company's SEC filings.


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