TANKNOLOGY-NDE INTERNATIONAL, INC.


FOR IMMEDIATE RELEASE

TANKNOLOGY-NDE ANNOUNCES STRATEGIC ALLIANCE WITH VEEDER-ROOT
COMPANY

     AUSTIN,  Texas, January 6, 1998 - Tanknology-NDE  International,  Inc. (OTC
Bulletin  Board:  TNDE,  formerly  NDEC),  a leading  provider  of storage  tank
environmental  compliance  services,  today announced a strategic  alliance with
Veeder-Root Company. Veeder-Root manufactures environmental monitoring equipment
and provides supporting services through its Simplicity offering.  The strategic
alliance includes a Commercial  Agreement and an $8 million  investment  through
Veeder-Root's parent company, Danaher Corporation (NYSE: DHR).

     Under the terms of the Commercial Agreement, Tanknology-NDE and Veeder-Root
will work to integrate their complementary service offerings,  such as combining
Tanknology-NDE's Compliance Management Services ("CMS") with Veeder-Root's
Simplicity Petroleum Data Services.

     Under the terms of the investment  agreement,  Tanknology-NDE  issued (i) a
$6.5 million  Senior  Subordinated  Note with a 10% annual  interest  rate and a
5-year term,  (ii) $1.5 million of  Tanknology-NDE  Redeemable  Preferred  Stock
which is convertible into 3 million  Tanknology-NDE common shares and pays a 10%
annual  dividend with a 7-year term, and (iii) 4.5 million  warrants to purchase
Tanknology-NDE  common  stock  at  $0.375  per  share  with a  5-year  term.  If
Veeder-Root  exercised  its warrants and  converted  the  preferred  stock,  its
ownership would be approximately  twenty-five percent (25%) of Tanknology-NDE on
a fully-diluted basis. Tanknology-NDE,  with the proceeds of this investment and
approximately  $750,000 of its cash,  repaid all  Tanknology-NDE's  obligations,
including  accrued   interest,   to  Banc  One  Capital  Partners  ("BOCP")  and
repurchased BOCP's 13 million warrants.

     Dan Sharplin, President of Tanknology-NDE,  noted, "This strategic alliance
represents a significant opportunity.  Tanknology-NDE and Veeder-Root will offer
complementary products and services in an integrated package. This alliance will
create more value for our customers  while  allowing the firms to focus on their
distinctive strengths.  The investment agreement provides greater flexibility at
a lesser cost and facilitates Tanknology-NDE's continued growth."


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                       TANKNOLOGY-NDE INTERNATIONAL, INC.

     Steve Sigmon, President of Veeder-Root,  North America, noted that "The two
firms working together will bring a wider array of comprehensive services to our
customers. Combining our exciting new Simplicity monitoring services, which uses
market leading  Veeder-Root  equipment,  with a first-rate CMS program and other
services  from   Tanknology-NDE  is  a  great  combination  which  will  provide
meaningful options and better service to our customers."

     Tanknology-NDE  provides  environmental  compliance  testing and  services,
installation  of compliance  equipment,  and  consulting  services to owners and
operators of aboveground and underground storage tanks ("USTs").  Tanknology-NDE
operates the only nationwide fleet of UST field service and testing vehicles and
provides a  complete  line of  administrative  services,  compliance  management
services,   and  construction   management  services  to  facilitate  customers'
compliance with federal, state, and local regulations governing USTs.

     Veeder-Root  Company,  based in Simsbury,  Connecticut,  is the  industry's
leading  manufacturer of automatic tank gauge and line leak detection  equipment
for detecting leaks in underground storage tanks and lines. Simplicity Petroleum
Data Services,  a unit of Veeder-Root,  provides a turnkey package of tank gauge
and  line  leak  equipment,  24-hour  remote  monitoring,   compliance  reports,
dispatching, and field management services.

     To the  extent  this press  release  contains  forward-looking  statements,
Tanknology-NDE  believes  the  expectations  reflected  in such  statements  are
reasonable;  however,  no assurances  can be given that such  expectations  will
prove to be correct.

     Additional information about Tanknology-NDE,  Veeder-Root,  and Danaher can
be  found  on  the  Internet  at   www.tanknde.com,   www.veeder-root.com,   and
www.danaher.com.


CONTACT:
          Amy Graham, Investor Relations,  Tanknology-NDE  International,  Inc.,
          (512) 451-6334
          Bonnie Van Wie, Veeder-Root Co., 860-651-2700



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