SOURCE: EcoPlus, Inc.

October 18, 2007 09:00 ET

EcoPlus Continues to Find Investor Interest in Private Side Adoption of Its Alternative Fuel Technology

CHARLOTTE, NC--(Marketwire - October 18, 2007) - EcoPlus, Inc. (PINKSHEETS: ECPL) announces preliminary negotiations with a private side developer to establish plant locations in Virginia and the District of Columbia to process brown grease into an alternative fuel product. Up to four processing plants may be constructed if negotiations are successfully concluded. Value to EcoPlus over the life of the license could exceed $14 million.

Phil Hicks, president of EcoPlus, noted, "This package of plants with their center of gravity in northern Virginia and in the District could provide significant awareness and a higher profile of our technology and could ultimately impact beneficially public policy with respect to brown grease disposal. Currently, in many jurisdictions, conventional disposal amounts to dumping tons and tons of coal into a landfill each day. Where is the wisdom in that? The useful energy content of brown grease deserves better."

About EcoPlus, Inc.

ECPL (www.ecoplusinc.com) has a patent-pending, commercially proven technology that utilizes an environmentally friendly process for turning brown grease restaurant refuse into a high quality, solid fuel product. This product can be used as a coal substitute to produce power, as an adjunct fuel in waste-to-energy and steam plant operations and as a fuel for industrial process heat over a broad range of applications. The option to capture BTUs for energy that is normally wasted is highly attractive in the tight energy environment of today.

More information on EcoPlus, Inc. is available on its corporate website: www.ecoplusinc.com

Forward-Looking Disclaimer

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such proclamations about the Company's future expectations, including future revenues and earnings, technology effectiveness and all other forward-looking statements be subject to the safe harbors created thereby. EcoPlus, Inc. is a development stage company that depends on outside resources to maintain its continuation. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

Factors that may affect forward-looking statements and the Company's business generally include but are not limited to (i) the risk factors and cautionary statements made in the Company's NASD or SEC filings; and (ii) other factors that EcoPlus is currently unable to identify or quantify, but may exist in the future.

Forward-looking statements speak only as of the date the statement was made. EcoPlus does not undertake and specifically declines any obligation to update any forward-looking statements.

Contact Information

  • EcoPlus, Inc.
    Investor Relations
    Toll-free: 877-494-0064