WILTON, Connecticut, March 3 /PRNewswire/ --

Startech Environmental Corp. (OTC Bulletin Board: STHK), a fully reporting company and the internationally recognized, Award-winning environment and energy company announced today that its 2007 Year End Report, filed on schedule with the SEC, shows Shareholders' Equity in excess of US$4.4 million with approximately US$11.6 million in Cash on Hand, along with Plasma Converter Sales Bookings of approximately US$25 million.

The Company also announced the Annual Shareholders Meeting in May in its recent filing with the SEC.

Startech VP and CFO, Peter Scanlon, said, "With sales in Asia, Europe and North America, and manufacturing well under way, the Company has never before been as strong as it is today, and getting stronger. We're all very optimistic about Startech's future."

About Startech -- The Environment and Energy Company

Startech is the internationally recognized, award-winning environment and energy industry company engaged in the production and sale of its innovative, proprietary plasma processing equipment known as the Plasma Converter System(TM).

The Plasma Converter System safely and economically destroys wastes, no matter how hazardous or lethal, and turns most into useful and valuable products. In doing so, the System protects the environment and helps to improve the Public Health and Safety. The System achieves closed-loop elemental recycling to safely and irreversibly destroy Municipal Solid Waste, organics and inorganics, solids, liquids and gases, hazardous and non-hazardous waste, industrial by-products and also items such as "e-waste," medical waste, chemical industry waste and other specialty wastes, while converting many of them into useful commodity products that can include metals and a synthesis-gas called Plasma Converted Gas (PCG)(TM).

Among the many commercial uses for PCG, is its use to produce "Carbonless Power," Gas-To-Liquid (GTL) fuels such as ethanol, synthetic diesel fuel and other higher alcohol "alternative" fuels. Hydrogen, for use and sale, can also be separated and recovered from the PCG synthesis gas mixture.

The Startech Plasma Converter is essentially a manufacturing system producing valuable commodity products from feedstock-materials that were previously regarded as wastes.

Startech regards all wastes, hazardous and non-hazardous, as valuable renewable resources and as feedstocks.

For further information, please visit http://www.startech.net or contact Steve Landa at +1-888-807-9443, +1-203-762-2499 EXT 7 or sales@startech.net.

Safe Harbor for Forward-Looking Statements

This news release contains forward-looking statements, including statements regarding the Company's plans and expectations regarding the development and commercialization of its Plasma Converter(TM) technology. All forward-looking statements are subject to risk and uncertainties that could cause actual results to differ materially from those projected. Factors that could cause such a difference include, without limitation, failure of the customer to obtain appropriate financing for the project, general risks associated with product development, manufacturing, rapid technological change and competition as well as other risks set forth in the Company's filings with the Securities and Exchange Commission. The forward-looking statements contained herein speak only as of the date of this press release. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statement to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which any such statement is based.

Web site: http://www.startech.net

Steve Landa of Startech Environmental Corp., +1-888-807-9443, or +1-203-762-2499, Ext. 7, sales@startech.net. Company News On-Call: http://www.prnewswire.com/comp/113537.html