IMMEDIATE NEWS RELEASE - UPDATE


EAGLE ANNOUNCES NEW ACCOUNTING AND AUDITING FIRMS

 SEPTEMBER  16, 2008

RENO, NEVADA, Eagle Environmental Technologies Ltd announced on September 16, 2008 that they have formally engaged Gallina Accounting to do the past years accounting and Macias Gini & O'Connell to do the past years audits. The problem to date is that in order to do the audits the firm must be Sarbanes-Oxley approved. This has been a long time in coming as the previous auditor failed to provide the necessary audits which lead to the stock being delisted. Once the accounting and the audits are completed then the Form 10 can be submitted to the SEC along with all the accounting and audits and the stock should be relisted within a couple months from the submittal. Connie Helwig, one of the board of directors will be overseeing the process on a weekly basis.

On a different vein Mark Wayne is making a personal trip to the Oil field this next week along with Hurricane IKE to review the plans for additional well development and review the water removal system.

Thank you all for your patience and confidence in the company.

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IMMEDIATE NEWS RELEASE

EAGLE ANNOUNCES THE FIRST LOAD OF OIL SHIPPED
April 16, 2008

RENO, NEVADA, Eagle Environmental Technologies Ltd announced on April 16, 2008 that they have been able to get the first load of oil shipped since the severance or freeze on oil sales from last year. One transport is approximately 160 barrels of the premium oil quoted in the newspapers. Eagle's oil is actually paid a premium price of $2.25 OVER the quoted price. President Mark Wayne expects the production levels to steadily increase over the next several weeks in order to meet the goals of company stability and profits. Mr. Wayne is making a personal trip to the fields to review the plans for additional well development and resource management.

In addition, Mr. Wayne continues to track the accountants and keep the goal of finishing the accounting and then the audit by Early May. The 10 SB draft document prepared for submittal to the stock market is now completed and ready to be sent to the company attorney along with the audited financials for review and submission to our broker. The broker then submits it to the NASD securities review.

Thank you all for your patience and confidence in the company.

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IMMEDIATE NEWS RELEASE

SEC REQUIRES NEW 10 SB FILING PRIOR TO TRADING
October 8th, 2007

RENO, NEVADA, Eagle Environmental Technologies Ltd announced today that the SEC has refused to modify or change the original ruling (12(j) caption) that was given to Eagle in February 2006. It was that particular clause that pulled the stock from the market and has held up our ability to get back on the OTC. The ruling means that Eagle will have to complete the audits as planned and re-file the more complete document, a "10 SB", that will allow the trading to resume. This is more onerous than the 15C2-11 that the company had filed, but it will allow Eagle to begin trading on the higher market gradient, OTCBB or better. This ruling does not change our oil production or CryoYcix production plans.

This event, although disappointing, is not a negative reading on the Company. It only means we have to finish the original plan on the audits and the filing that we had begun under the former auditors. It is always interesting to note however, that the original reason given for this action by the SEC was to "protect the interests of the investors". The Company fails to see what protection was granted to the investors by the SEC with such an action as suspending your ability to sell your investment. The Company expects to have more news on the status of the new audits within a few weeks and will continue to update the page.

Thank you all for your patience and confidence in the company.

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IMMEDIATE NEWS RELEASE

NEW LISTING DOCUMENTS SENT TO NASD (National Association of Securities Dealers)
August 13th, 2007

RENO, NEVADA, Eagle Environmental Technologies Ltd announced today that the documents needed by the NASD were sent off by the Broker for review by NASD prior to any approval to trade on the OTC "pink sheets". The NASD needs to conduct a thorough review of the Company's history to verify the status of the Company and all of its components and personnel. This process may take some time, up to two weeks or more, but when completed, the Company will be back trading its securities or stock. There is no timeline on the NASD process, but as soon as one is available, the information will be set forth. No pricing has been recommended for the securities at this time.

As the process continues, the Company will keep the shareholders updated to the various stages of the approval process.

Thank you all for your patience and confidence in the company.

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IMMEDIATE NEWS RELEASE

NEW LISTING DOCUMENTS SENT TO BROKER/DEALER
July 11th, 2007

RENO, NEVADA, Eagle Environmental Technologies Ltd announced today that the documents needed by the Broker were sent off for the preliminary review by the new prospective securities dealer. The Broker needs to conduct a thorough review of the Company's history to verify the status of the Company and all of its components and personnel. This process may take some time, but when completed, the Broker submits the reviewed documents to the NASD for its review prior to the trading of the security. There is no timeline on either party, and the NASD may have its own questions prior to approving our application to trade on the OTC "pink sheets".

As the process continues, the Company will keep the shareholders updated to the various stages of the approval process.

Thank you all for your patience and confidence in the company.

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IMMEDIATE NEWS RELEASE

UPDATE
February 2nd, 2007

RENO, NEVADA, Eagle Environmental Technologies Ltd announced today that the audit is going to be delayed until the end of the first quarter of 2007. The new audit will include 2004, 2005 and 2006, with the addition of a stub of first quarter of 2007. This delay is due to the resignation of the former auditor, Marc Lumer & Co. His resignation, without a clearly defined reason, has hampered the new auditors on what points to address in their new analysis. Our accountants, Mark Bailey & Associates, have recommended that we put the company into a full operational mode for at least 30 to 60 days to change the designation of the company from developmental to fully operational.

In anticipation of this event, we had made significant personnel changes in January in the oil field. In February we expect to have our field in operation as soon as the State of Texas gives us the necessary releases to begin pumping. It should be ready within the next week and we can start the operations. We are going to continue this plan for the audits and for the oil field operations. It is the only way we can achieve the proper results for the company and end the stalemate brought on by Mr. Lumer and the actions of the SEC in holding up our trading ability on the OTC.

As the company is now, we have 7 wells equipped and ready for full operations, and another 3 partially equipped and can be ready within a week. With some additional funding, we can have another 6 operating by the end of February. No matter what the audit concludes, 16 wells producing would put the company into the black and we can proceed with the other projects.

The company will keep you apprised on the audit program and the field operations as they develop. Thank you for your patience.

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IMMEDIATE NEWS RELEASE

UPDATE
January 24th, 2007

RENO, NEVADA, Eagle Environmental Technologies Ltd.announced today that the annual shareholders meeting will be held in Reno, Nevada again. It will be on June 13, at the Peppermill Hotel and Casino. The details of the meeting will be sent out under separate cover later this Spring. We expect a large turnout this year as many changes have occurred in the company and the progress on our audits and business development will be available to all concerned. Plan to attend. The hotel has set up special prices for our shareholders and they will be made available as soon as the details can be sent.

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IMMEDIATE NEWS RELEASE

UPDATE
December 29th, 2006

Happy New Years!

RENO, NEVADA, Eagle Environmental Technologies Ltd.announced that the audit effort is continuing. We have gotten a better understanding from the former auditor, Marc Lumer and Co, on what promoted his resignation, but the information came to us too late to get the audit process done in 2006.

Our new accountants/auditors are reviewing the new information and expect to be able to render us a decision after the New Year. We expect a positive response, as Lumer and Co did not have any specific problem with the audit, just a general apprehension with the historic activities of the company from its inception. This is normal if a company is listed as a "Developmental Company" and not an "Operating Company". Had our field operators performed satisfactorily in the oil field, we would have had NO problems with the audit completion. We are correcting that problem now and expect to clarify the operating status by February. As soon as that is corrected, we should be ready to proceed with the filing.

In addition, we have started the ordering of parts, drawings and plans for the CryoIcix units that were discussed at the shareholders meeting. Jim Frye and Duane Corcoran of Applied Control Technology are getting the items ready so production can begin soon. We could have a unit ready for demonstration by the second quarter 2007. This event alone would change our status to an Operating Company, with or without the oil business. We are pushing on that front as well.

Even though we had some set backs in 2006, we remain very optimistic about the future. With the efforts going on now, we shall overcome the audit problems as well as getting the oil field into solid production. Nobody walks away from 12 million barrels of oil!

I apologize for the delay, but we have no choices at the moment. As things set now, we should be back in the market in the first quarter of 2007.  Management wishes all of the shareholders and supporters, a very Happy New Year and a prosperous 2007 for all of us.

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IMMEDIATE NEWS RELEASE

UPDATE
December 1st, 2006

RENO, NEVADA, Eagle Environmental Technologies Ltd. announced that the auditor Marc Lumer & Company, has resigned from performing the services for the company and will NOT finish the work required to submit to the SEC. No reason was given. The company was prepared for such an event, and a new auditor is being actively pursued at this time. More information will be forthcoming as soon as it is available. Any delays in getting resubmitted to the exchange are unknown at this time, but as the information becomes available, we will post it.Eagle Environmental Technologies Ltd announced that the new auditor has been contacted to continue the reviews of the company. The preliminary reviews of the accountant work completed by Mark Bailey and Associates are being done by the new firm. It is still in the preliminary stages, but progress has been made as to moving through the documents. It appears to be a three stage process of review, with the first stage completed and we are in the second stage. The final review or third stage, immediately follows and we are hopeful that it will be completed by mid December. All parties are keenly aware of the time deadlines we face and are working diligently to achieve completion on time. When a definitive date has been received by the company, we will post that. In the meantime, our attorneys are still on stand-by to submit the documents to the SEC as soon as they receive them. OurNew York brokers and advisors are prepared to assist us in any way possible once the information is received by them. We had a meeting with all concerned including the attorney, inNew York last month.

I apologize for the delay, but we have no choices at the moment. We have never been given a reason for the first auditor’s departure. Our accountant is trying to get a reason for it to pass on to the new auditor. As things set now, we should be back in the market in the first quarter of 2007.

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IMMEDIATE NEWS RELEASE
SEC UPDATE
October 11th, 2006

RENO, NEVADA, Eagle Environmental Technologies Ltd. announced that the auditor Marc Lumer & Company, has resigned from performing the services for the company and will NOT finish the work required to submit to the SEC. No reason was given. The company was prepared for such an event, and a new auditor is being actively pursued at this time. More information will be forthcoming as soon as it is available. Any delays in getting resubmitted to the exchange are unknown at this time, but as the information becomes available, we will post it.

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IMMEDIATE NEWS RELEASE
UPDATE
September 15th, 2006

RENO, NEVADA, Eagle Environmental Technologies Ltd has completed the information on the first two quarters of 2006, and as requested, the first two months of the third quarter before we can be back on the board. The audit information is in the Attorneys hands inNew York, but due to the delays caused by the auditor, we had to provide more information to be within the “current” standards of the SEC requirements. Our accountants, Mark Bailey & Company, had compiled the information, and are currently reviewing the updated Management Discussion & Analysis (MD & A) for presentation to the attorney. The lawyers there will need some time, perhaps up to two weeks, to prepare the new documents for submission. One major change has occurred, the company has finally received the designation of “Operating Company” from the auditor, as opposed to “Developmental Company”. This is major step up in the eyes of the stock markets. Getting back “on the market” will still be in the short future period, but no dates have been provided to us. We are at the mercy of the lawyers and the SEC. Of the two, the SEC will be the longest. It was they that pulled our trading authority, which they said they would NOT do at the time, and which means they will take the most time to review all of the documents. We have had quality personnel doing our reviews and presentations, so that should help us in the final analysis.

As to the oil field, we are still in “severance”. (Not allowed to pump or sell oil by theTexas regulators). Our previous manager, Redwood Oil and Gas has been replaced due to lack of production achievements. He resigned in July. We have hired a new firm with 25 years of experience in the oil fields, and the type of personnel we can depend upon to get the job done. They are currently working with the State to get the severance lifted so we can begin production while we do the required well certifications that had not been done. The State requires that all wells (we have about 180) be tested, repaired, or plugged in order to have a field operational. It does not matter if it is one well in need of service or 50 wells. They shut the entire field down until the work is completed. We expect to be back in production by October with about 10 wells pumping, 5 in equipment additions and 10 others in evaluation.

To quell any questions, the company is NOT in decline, closing or in jeopardy from the lack of oil production. We are expanding our oil field presence, and have undertaking an aggressive move toward developing the CryoYcix equipment. My next news release will detail those changes.

Thank you all for your patience and encouragement during the past weeks and months. It is a long haul from this end too.

Yours truly,
Brian Wilmot

CEO of Eagle Environmental Technologies Ltd

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IMMEDIATE NEWS RELEASE

SEC UPDATE
August 7th, 2006

RENO, NEVADA, Eagle Environmental Technologies Ltd has received the word that the 2005 audit is complete and the written report is being done this week. The accountants and the auditors have finished the reviews of the data from the company. This document covers the previous five years and brings all of the past audits into compliance with the new Sarbanes-Oxley rules. We are VERY PLEASED with this occurrence. The information on the first two quarters of 2006 is currently being reviewed and completed as well. This will not slow us from our re-filing for trading, but before we are back on the board, we will have to complete the first two quarters.

The final audit copy will be reviewed by the company management, and audit committee for any errors or changes, and be submitted to the lawyers inNew York for preparation to re-submit to the NASD exchanges. I cannot provide any price standards or which exchange we may start on, but those events will be available at a later date. It will take about one week to compile and review the documents, send to Eagle, be reviewed and sent toNew York. The lawyers there will need some time, perhaps up to two weeks, to prepare the documents for submission. One major change has occurred, the company has finally received the designation of “Operating Company” from the auditor, as opposed to “Developmental Company”. This is major step up in the eyes of the stock markets.

It may seem like a long lead time to get back on the market, but it will go as fast as the normal logistics allow. Thanks to all of the shareholders, officers and directors for their patience and understanding in getting this difficult item cleared.

Brian Wilmot
CEO of Eagle Environmental Technologies Ltd

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IMMEDIATE NEWS RELEASE

SEC UPDATE
July 14th, 2006

Eagle Environmental Technologies Ltd herein is providing more information on the current stock trade halting by the SEC. The accountants and the auditors have FINISHED the accounting and reviews of the data from the company! Hard to believe, but it is true. The accountants will have to write the total document up and provide a copy to the auditor for his final verification and review, but the laborious efforts of detailing all of the past five years of transactions is completed. We are VERY PLEASED with this occurrence. The accountants and auditors have done a very difficult job with total professionalism and we at Eagle, thank them.

From here, the final audit copy will be reviewed by the company management, and audit committee for any errors or changes, and be submitted to the lawyers inNew Yorkfor preparation to re-submit to the NASD exchanges. I cannot provide any price standards or which exchange we may start on, but those events will be available at a later date. It will take the accountants and auditors about one week to compile and review the documents, send to Eagle, be reviewed and sent toNew York. The lawyers there will need some time, perhaps up to two weeks, to prepare the documents for submission.

It may seem like a long lead time to get back on the market, but it will go as fast as the normal logistics allow. We shall provide full backing to all the participants.

Thanks to all of the shareholders, officers and directors for their patience and understanding in getting this difficult item cleared.

Brian Wilmot
CEO of Eagle Environmental Technologies Ltd

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IMMEDIATE NEWS RELEASE
SEC UPDATE
May 20th, 2006

Reno, NV, Brian Wilmot, CEO of Eagle Environmental Technologies Ltd provided more information on the current stock trade halting by the SEC. The accountants and the auditors (two separate entities) are STILL conducting reviews and reconciliation procedures on the audits. As of today, they met up in the accountants offices inReno for the last three days and have narrowed the discussion items, but have NOT satisfied questions. The holdup seems to be from the auditor side with questions on the operations side, as to which funds were capitalized and which are were expense. It is the qualification of the audits that make this phase frustrating for all concerned. Management finds the questions asked too late and not relevant to the final audit as they are questions on the operations company, NOT Eagle. We can only continue to press for conclusion prior to the meeting date which will probably happen, but no one can verify.

This event is what we need in order to reapply to the trading exchanges. The management shares your frustration and concerns, and will continue to press forward. The company is NOT in any jeopardy at this time, so we can continue to operate the fields, which are producing at this time.

The management and directors of Eagle wish to thank all of the shareholders for their patience in this matter. The management looks forward to the upcoming shareholders meeting in June, where these issues and others will be thoroughly discussed with the shareholders.

If you have not yet made your reservations, please hurry as the hotel has only a few of the special rate rooms left for you. Just call the Peppermill inReno and use the code from your letter to get your rate. See you all there.

For shareholder or other information, call John Bowles at: 866-896-5800

(Symbol EGVR, OTC Exchange, www.egvr.com)

50 W. Liberty, Suite 880, Reno, NV 89501
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IMMEDIATE NEWS RELEASE
SEC UPDATE
May 4th, 2006

Reno, NV, Brian Wilmot, CEO of Eagle Environmental Technologies Ltd provided more information on the current stock trade halting by the SEC. The accountants and the auditors (two separate entities) have been conducting reviews and reconciliation procedures on the audits. As of today, they are still working to finalize the questions. The holdup seems to be from the auditor side with questions on the original efforts to obtain the oil fields, and the subsequent efforts to get the field into production. Management finds the questions at this time are extremely late in the asking and should have been provided to management several months ago. We are NOT pleased to announce that the accountants and auditors have NOT FINISHED the audits, reviews and finalization of the documents as they had stated, “completed BY THE END OF THIS MONTH!”

This event is the critical feature we need in order to reapply to the trading exchanges. We have completed several forms and the balance of the documents required by the 10 SB filing, so we will be ready for the addition of the financial statements. A definite date for the refilling period will be set in the near future, but we expect it to be near May 10.

The management and directors of Eagle wish to thank all of the shareholders for their patience in this matter. The management intends to continue to press the auditors to finish the assignment as they had agreed. More information will be available next week.

For shareholder or other information, call John Bowles at: 866-896-5800

(Symbol EGVR, OTC Exchange, www.egvr.com)

50 W. Liberty, Suite 880, Reno, NV 89501
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IMMEDIATE NEWS RELEASE
SEC UPDATE
Apr. 11th, 2006

Reno, NV, Brian Wilmot, CEO of Eagle Environmental Technologies Ltd provided more information on the current stock trade halting by the SEC. The company has been working closely with the accountants and auditors to complete the required audits in order to re-file the application (10 SB) for trading. We are pleased to announce that the accountants and auditors have stated that the audits, reviews and finalization of the documents will completed BY THE END OF THIS MONTH!

This event is the critical feature we needed in order to reapply to the trading exchanges. We are presently completing several forms and the balance of the documents required by the 10 SB filing, so it will be ready for the addition of the financial statements. A definite date for the refilling period will be set in the near future, but we expect it to be near May 1.

The management and directors of Eagle wish to thank all of the shareholders for their patience in this matter, and the diligent efforts of our attorneys and accountants in getting this problem solved.

For shareholder or other information, call John Bowles at: 866-896-5800

(Symbol EGVR, OTC Exchange, www.egvr.com)

50 W. Liberty, Suite 880, Reno, NV 89501
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IMMEDIATE NEWS RELEASE
SEC UPDATE
Mar. 22nd, 2006

Reno, NV, Brian Wilmot, CEO of Eagle Environmental Technologies Ltd provided more information on the current stock trade halting by the SEC. The company has hired aNew York law firm to do the special filing of the new 10 SB, registration documents. The firm specializes in public filings and is on stand-by at this time waiting for the final audits to clear the auditor and accountants.

The company accountants have completed the material required and are waiting for the auditor review. This weekend, the auditor and accountants are reviewing the information, and updating our “Management Discussion & Analysis” to be sure it complies with the new SEC regulations. Upon the finalization of that process, the information will be forwarded to the law firm for review and filing. We expect the entire process will take about 10 to 15 business days to complete and be filed. At that time, after the filing, we should be back on line. Details of the event will be forthcoming as soon as they are available to us.

For shareholder or other information, call John Bowles at: 866-896-5800

(Symbol EGVR, OTC Exchange, www.egvr.com)

50 W. Liberty, Suite 880, Reno, NV 89501
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IMMEDIATE NEWS RELEASE
SEC UPDATE
Mar. 13th, 2006

Reno, NV, Brian Wilmot, CEO of Eagle Environmental Technologies Ltd provided more information on the current trade halting by the SEC. The primarily accounting has been completed. The accountants are waiting for the auditor review of the notes and related support documents before their final submission. The auditor has been out of the country until March 12. The accountants have stated that they believe the final documents will be ready for the audit committee by March 24.

Wilmot is already in consultation with a law firm from New York City to prepare the final documents for the required 10SB submission to get the stock up and trading again. Further details on the timing of the submission will be forth coming later this week.

For shareholder or other information, call John Bowles at: 866-896-5800

(Symbol EGVR, OTC Exchange, www.egvr.com)

50 W. Liberty, Suite 880, Reno, NV 89501
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IMMEDIATE NEWS RELEASE
SEC HALTING OF TRADE...RESUBMISSION PLANS FOR OTCBB
Feb. 27th, 2006

Reno, NV, Brian Wilmot, CEO of Eagle Environmental Technologies Ltd announced today, that the SEC has halted the trading of the Company stock on the OTC exchange. The Company had planned for this event, but the Company did not know the actual date of the occurrence, as it was due to a past action from the SEC. The closing stock price will not change until the Company is back on the market, so no loss of value is realized at this time. The halting of trading was due to the error in the original filing of the 10SB in 2000. The Company was never notified that the original filing had created a “reporting Company”, and hence had not done the correct quarterly filings (8Qs, 10Qs). The SEC had notified us in 2005 that we were in “non-compliance” with the reports, so we agreed to withdraw our original filing, and upgrade our old audited financials to the new standard, include the 2005 audits and resubmit the form 10SB again. The agreement with the SEC saved the Company several hundred thousand dollars and cleared any regulatory clouds from our Company. Management was striving to have the new audits etc. ready prior to the event, but the auditors were unable to complete the extensive reviews instigated by the new laws, Sarbanes/Oxley.

The auditors have stated that the audits will be completed in March, and with the audits, and the Managements Discussion documents, we will be resubmitting our application. This new submission will allow us to qualify for the OTCBB (Over the Counter, Bulletin Board) or better, such as the Small Cap NASDAQ. This means more brokers can trade the stock and our trading market can be increased. In addition, we will have the new assets from the oil field, the proven reserves and the equipment, included with the new audits, which should increase the stock value when we re-file.

This action, though inconvenient to the shareholder, was a planned event, and will allow the Company to emerge much stronger and have more value to the shares. We are working diligently with the attorneys and the auditors to speed the process up. Your patience is appreciated.

For shareholder or other information, call John Bowles at: 866-896-5800

(Symbol EGVR, OTC Exchange, www.egvr.com)

50 W. Liberty, Suite 880, Reno, NV 89501

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