EXHIBIT 99.1

FOR IMMEDIATE RELEASE
Contact:
James S. Percell, CEO and President
Environmental Safeguards, Inc.
(713) 728-8687

ENVIRONMENTAL  SAFEGUARDS,  INC.'S  NAME AND ELSF STOCK SYMBOL ARE RESTORED, AND
EFFECTS  OF  UNAUTHORIZED  CHANGES  REVERSED

HOUSTON,  TEXAS-October  27, 2006-On October 24, 2006, Environmental Safeguards,
Inc.  was  notified  by the Nasdaq Stock Market that the Nasdaq has now reversed
the  purported  "corporate actions" that were incorrectly reported to Nasdaq and
effected  by  Nasdaq on August 15, 2006. As previously reported in the company's
Form  8-K on August 23, 2006, an unknown and unauthorized individual filed false
documents  with  the  Nevada Secretary of State purporting to change the name of
the  company  to  PCU,  Inc.,  change  the  name and address of our officers and
directors,  increase the number of shares of authorized common stock, and effect
a  reverse  stock  split.  This  unauthorized  person  subsequently  filed these
documents  with  the Nasdaq Stock Market to accomplish an unauthorized change in
the company's stock symbol from ELSF to PCUN. The Nasdaq has now posted a notice
on  its  website  to reverse the unauthorized "corporate actions." Environmental
Safeguards,  Inc.'s  stock symbol, "ELSF", and previous CUSIP number 294069-307,
have  been restored. The effects of the purported 1-for-1000 reverse stock split
have  been reversed, and the company's name, Environmental Safeguards, Inc., has
been  fully restored on the Nasdaq Stock Market and with the Nevada Secretary of
State.