FOR IMMEDIATE RELEASE EARTHFIRST SUBSIDIARY WINS $1.2 MILLION CONTRACT FOR MEGA-YACHT MARINA IN BAHAMAS ELECTRICAL SERVICES CONTRACT AWARDED TO EME FOR LUXURY RESORT DEVELOPMENT PROJECT ON GREAT EXUMA TAMPA, FL - (BUSINESS WIRE) - MAY 13, 2005 - EarthFirst Technologies, Incorporated (OTCBB:EFTI), a specialized holding company engaged in researching, developing and commercializing technologies for the production of alternative fuel sources and the destruction and/or remediation of liquid and solid waste, and in supplying electrical contracting services internationally, today announced that the Company's wholly-owned subsidiary, Electric Machinery Enterprises, Inc. (EME), has been awarded an electrical services contract, valued at approximately $1.2 million, by Emerald Bay Resorts, Ltd. The contract is associated with the scheduled construction of a mega-yacht marina on Great Exuma, Bahamas, a 75-minute flight from South Florida. Currently, the Emerald Bay Resort on Great Exuma is home to a Greg Norman Signature Golf Course and a Four Seasons resort hotel. The planned additions to the resort include the mega-yacht marina (slips can accommodate 80' and larger super yachts) and marina village, complete with fine and casual dining restaurants, residential properties, upscale lodging and retail stores. ABOUT EARTHFIRST TECHNOLOGIES, INCORPORATED EarthFirst Technologies, http://www.earthfirsttech.com, is dedicated to producing environmentally superior products from carbon-rich solid and liquid materials currently considered wastes. The Company has conducted more than five years of extensive development on advanced technologies to achieve this goal. Through its subsidiary Electric Machinery Enterprises, Inc., http://www.e-m-e.com, the Company provides electrical contracting services both as a prime contractor and as a subcontractor, electrical support for industrial and commercial buildings, power generation stations, and water and sewage plants in the US and abroad. Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statement of EFTI officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future EFTI actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and EFTI has no specific intention to update these statements. FOR MORE INFORMATION, PLEASE CONTACT ELITE FINANCIAL COMMUNICATIONS GROUP, LLC STEPHANIE NOISEUX AT 407-585-1080 OR VIA EMAIL AT EFTI@EFCG.NET