ESV

E.S.I. Environmental Sensors Inc. (TSX VENTURE:ESV) ("ESI" or the "Company") is
pleased to announce it has received TSX Venture Exchange ("Exchange") final
acceptance of a debt conversion originally announced on September 8, 2010. The
private placement consists of 30,000,000 Units at $0.05 per Unit for total value
of $1,500,000, and with each Unit consisting of one common share and one share
purchase warrant ("Warrant"). The Company has now issued 30,000,000 common
shares and 30,000,000 Warrants. Each Warrant will be exercisable into an
additional common share at a price of $0.10 until February 15, 2012. In
addition, the shares and Warrants have a four month hold period expiring on June
16, 2011.


This transaction was originally announced in the form of a one year convertible
debenture, however, the terms were revised to an equity private placement in
order to comply with Exchange policies and now match the terms offered to other
placees in an equity private placement of $750,000 also announced on September
8, 2010 and closed on November 4, 2010.


Background:

On September 8, 2010, the Company announced that an agreement was reached with
Avis Financial Corporation ("Avis Financial") to convert a current demand loan
on the Company's balance sheet into a convertible debenture. The principal
amount of the debt owed to Avis Financial totaled $1.5 million. The new
debenture was to be convertible into common shares at $0.05 per share for a
period of one year from the closing date. In addition, the debenture was to bear
interest at a rate of 12%. Due to the number of shares which could be issued on
conversion of the debenture, at the Company's Annual General Meeting on
September 29, 2010, the Company sought and received disinterested shareholder
approval for the potential creation of a new control person, namely Avis
Financial. The Company recently received final Exchange acceptance to close this
transaction. The Company has paid a finder's fee of 2,400,000 common shares in
connection with the private placement.


About Avis Financial Corporation

Avis Financial is an innovative, integrated business development engine that
assists small and medium-sized enterprises (SMEs) in realizing their full
potential. Involved at every step of the way, Avis Financial provides a truly
comprehensive package of services to its portfolio companies, who further
benefit from a high-profile brand, a major international network and extensive
business expertise. Avis Financial's services include capital and operational
restructuring, business development and placement preparation. To ensure that
its portfolio companies receive support at every level, Avis Financial works
with a large network of affiliates providing business and capital services.


About ESI

ESI is a leading manufacturer of patented and proprietary solutions for
environments where understanding the presence, movement, and/or amount of water
are important. Major market sectors include: agriculture, golf and turf,
scientific research, civil engineering, mining, environmental monitoring and
crude oil production. ESI solutions have been successfully introduced into more
than 40 countries to enable customers to optimize their operations by monitoring
the presence and movement of water, managing irrigation systems, and monitoring
the integrity of landfill covers. In addition, ESI's FloPoint(TM) instrument has
been deployed in the oil industry to measure the volumetric presence of water
pumped during crude oil extraction for characterization and optimization of the
process. ESI differentiates itself by translating the best technology and
science available into practical, easy to use solutions. Irrigation managers,
reservoir engineers, and scientists have adopted ESI's products for their
accuracy, ease of use, repeatability, and ability to operate in challenging
environments. ESI is publicly traded on the TSX Venture Exchange under the
symbol "ESV". Further information about ESI may be obtained through the
Company's website at www.esica.com.

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