TRANSTECH INDUSTRIES, INC. SETTLES CLAIMS

WITH CERTAIN EXCESS INSURANCE CARRIERS

PISCATAWAY, N.J., June 1, 2005 - Robert V. Silva, President and Chief Executive Officer of Transtech Industries, Inc. (OTC BULLETIN BOARD:TRTI) announced that the Company has settled claims filed against the estates of four insolvent excess insurance carriers. The estates pay a percentage of the agreed claim amount based upon projected assets and claims against such assets. The Company received a payment of approximately $2.7 million, representing approximately 62% of the aggregate amount of the claims against the four estates. The claim proceeds will be subject to federal and state income taxes.

Further claims against the estates have been barred in accordance with their liquidation plans, and there are no assurances that additional distributions will be paid by the estates. One management firm administers the affairs of the four estates.

The four insolvent excess insurers were among the excess insurers named as defendants in the suit brought by the Company in 1995 which sought reimbursement of past remediation costs. A settlement was reached with the majority of the defendant carriers during October 2001.

A portion of the claim proceeds, $250,000 less related legal fees, will be shared with a group of companies participating in the remediation of a site in Carlstadt, New Jersey in accordance with a 1995 agreement, as amended, that resolved litigation regarding the allocation of that site's remediation costs.

This news release may contain forward-looking statements as defined by federal securities laws, that are based on current expectations and involve a number of known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risks and uncertainties include among others, the following: general economic and business conditions; the ability of the Company to implement its business strategy; the Company’s ability to successfully identify new business opportunities; changes in the industry; competition; the effect of regulatory and legal proceedings. The forward-looking statements contained in this news release speak only as of the date of the release; and the Company does not undertake to revise those forward-looking statements to reflect events after the date of this release.