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                                                                    Exhibit 99.3

N E W S R E L E A S E                               [CORRPRO COMPANIES INC LOGO]

COMPANY CONTACT                      SM BERGER & COMPANY
---------------                      -------------------
Joseph W. Rog                        Stanley M. Berger
Chairman, CEO and President          (216) 464-6400
(330) 723-5082                                            WORLD HEADQUARTERS
                                                          1090 Enterprise Drive
                                                          Medina, OH 44256
                                                          Phone (330) 723-5082
                                                          Fax (330) 723-0694
                                                          www.corrpro.com




FOR IMMEDIATE RELEASE

          CORRPRO EXTENDS FILING DEADLINE OF MARCH 31, 2002 FORM 10-K
                   AND COMMENTS ON CURRENT OPERATING RESULTS


MEDINA, OHIO, JULY 2, 2002 - Corrpro Companies, Inc. (AMEX:CO), the leading
provider of corrosion protection engineering services, systems and equipment,
today reported that it has filed a Notification of Late Filing with the
Securities and Exchange Commission relating to its Form 10-K for the year ended
March 31, 2002. Corrpro's Form 10-K would otherwise have been due on July 1,
2002.

"As previously announced, the preparation and audit of our financial statements
have been delayed by the voluntary administration proceedings and ongoing
investigation of Corrpro's Australian subsidiary," stated Chairman, President
and CEO Joseph W. Rog. "We have experienced further delays due to the Australian
investigation and need additional time to complete our Annual Report on Form
10-K. Therefore, we have filed for a 15-day extension. While we can provide
no assurances, we anticipate filing our Annual Report on Form 10-K within the
15-day extension period."

Commenting on current fiscal year results, Mr. Rog continued: "Revenues for
April and May 2002 met our expectations and operating income exceeded internal
projections. While the anticipated lower revenues and unusual consulting costs
are impacting the bottom line, we have achieved a gross margin improvement and
reduced our operating expenses compared with the prior-year period."

With the assistance of strategic financial advisors, the Company has developed
and is implementing plans for operational changes and debt reduction, which form
the basis for ongoing discussions with its senior lenders concerning previously
reported covenant violations and other  alternatives for financing the business
on an ongoing basis. There can be no assurance, however, that the Company will
be able to complete negotiations or amendments to its existing loan agreements.
If such loan agreements are not effectively amended so as to be reflected in the
Company's fiscal 2002 financial statements, further adjustments, including
potentially material non-cash charges to write down the value of certain assets,
may be required.


Corrpro, headquartered in Medina, Ohio, with over 60 offices worldwide, is the
leading provider of corrosion control engineering services, systems and
equipment to the infrastructure, environmental and energy markets around the
world. Corrpro is the leading provider of cathodic protection systems and
engineering services, as well as the leading supplier of corrosion protection
services relating to coatings, pipeline integrity and reinforced concrete
structures.

Except for historical information, the matters discussed in this press release
are forward-looking statements relating to the business of the Company. The
forward-looking statements are made under the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Words such as "anticipates,"
"intends," "plans," "believes," "seeks," "estimates" or variations of such words
and similar expressions are intended to identify such forward-looking
statements.


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The Company believes that the following factors, among others, could affect its
future performance and cause its actual results to differ materially from those
that are expressed or implied by forward-looking statements: the ultimate
outcome of the Audit Committee's investigation of accounting irregularities; the
ultimate outcome of the Australian Securities and Investment Commission's
investigation of accounting irregularities; the results of the financial
statement restatement process and the audit of any anticipated restatement of
the Company's financial statements as a result of accounting irregularities; the
impact of any litigation or regulatory process related to the financial
statement restatement process; the Company's ability to extend, amend or
refinance its existing debt, including the availability to the Company of
external sources of financing and capital (the failure to receive such financing
would have a material adverse effect on the Company's results of operations and
financial condition) and the terms and timing thereof; the Company's mix of
products and services; the timing of jobs; the availability and value of larger
jobs; qualification requirements and termination provisions relating to
government jobs; the impact of inclement weather on the Company's operations;
the impact of energy prices on the Company's and its customers' businesses;
adverse developments in pending litigation or regulatory matters; the impact of
existing, new or changed regulatory initiatives; the Company's ability to
satisfy the listing requirements of the AMEX or any other national exchange on
which its shares are or will be listed or otherwise provide a trading venue for
its shares; and the impact of changing global political and economic conditions.
Additional factors that may affect the Company's business and performance are
set forth in the Company's filings with the Securities and Exchange Commission.
The Company assumes no obligation to update any of the information contained or
referenced in this press release.