SOURCE: EcoPlus Inc.

January 18, 2008 09:30 ET

EcoPlus Inc. Announces Appointments to the Recently Expanded Board of Directors of EcoPlus Inc.

CHARLOTTE, NC--(Marketwire - January 18, 2008) - EcoPlus Inc. (PINKSHEETS: ECPL) announced the expansion of the Board of Directors for the company to four directors. Susan Chappell and Zev Kaplan have been appointed to fill the two vacancies on the board, one of which was created by the resignation of Ralph Rogers.

Ms. Chappell has over twenty years of market development, sales and marketing management for business entities including Bio-Ecological Services (BES)-Charlotte, NC, Waste Management Technologies-Oak Brook, IL, Sinclair Broadcasting-Baltimore, MD and Hearst Broadcasting-New York, NY. As Secretary and Director of Sales of Bio-Ecological Services, Susan was responsible for obtaining contract service from medical and research establishments in the mid-Atlantic and Southeast for the disposal of biomedical waste products. Ms. Chappell also participated in writing "model" legislation concerning management of biomedical waste and participated in collateral lobbying efforts.

BES was acquired by Waste Management Technologies and Susan served as the New Business Development coordinator for Waste Management's start-up operations in its new biomedical waste disposal venture and assisted the corporate management group in establishing sales organizations and expanded business models alongside Waste Management's disposal offices nationwide.

In 1998, Ms. Chappell joined Sinclair Broadcasting to develop new business advertising clients and to manage local market reciprocal agreement negotiations. In 2003, Susan joined the Hearst-Argyle Television as New Business/Non-Traditional Revenue Producer then on to National Sales Manager in 2004 for WXII-TV (NBC). In this capacity, Susan was responsible for negotiating national advertising contracts and managing decentralized representatives at offices in New York, Los Angeles, Detroit, Chicago, Dallas, Atlanta, Miami and Charlotte.

Since 2005, Ms. Chappell founded 1st Security Insurance Agency, Winston Salem, North Carolina and is owner and GM of Honda of Winston-Salem, one of the largest multi-line powersports dealerships in the Southeast.

Mr. Kaplan is President of EcoPlus West, LLC, a subsidiary of EcoPlus Inc. Since March of 2005, Zev Kaplan has been General Counsel to Cash Systems, Inc., a publicly traded company in the financial services business. Mr. Kaplan has also been a member of the Board of Directors of Homeland Security Capital Corporation, a publicly traded company, since January 2006. From April 1995 to the present, he has been General Counsel to the Regional Transportation Commission of Southern Nevada. In addition he has had a major role in the planning and financing of numerous major public infrastructure projects in Las Vegas. Prior to starting his law firm, he spent fifteen years in government service: Senior Deputy D.A. with the Clark County District Attorney's Office-Civil Division; General Counsel to the Nevada Public Service Commission; and Staff Attorney to the U.S. Senate Committee on Commerce, Science and Transportation.

Mr. Kaplan received his J.D. from Southwestern University School of Law and attended Georgetown University for post-graduate legal studies. He holds an MBA from the University of Nevada, Las Vegas, and a B.S. from the Smith School of Business at the University of Maryland.

Phil Hicks, President and CEO of EcoPlus Inc., stated that, "Mr. Kaplan brings additional depth to the board of EcoPlus Inc. With his level of experience in public companies and public sector planning and finance he will be a major asset."

Hicks continued by commenting that, "Ms. Chappell's background in general management and waste disposal management, lobbying and marketing and the media, provides a significant level of expertise to EcoPlus in the arenas where it functions."

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

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