SOURCE: EcoPlus, Inc.

October 09, 2007 09:00 ET

EcoPlus Sees Development in the West and on the Pacific Rim

CHARLOTTE, NC--(Marketwire - October 9, 2007) - EcoPlus, Inc. (PINKSHEETS: ECPL) announces negotiations with affiliates to license Fuel Production facilities to third parties for processing brown grease into a renewable energy fuel product. Activities are anticipated in a number of western states, including Nevada, Arizona, and California and subsequently around the Pacific Rim.

Phil Hicks, president of EcoPlus, noted, "Our associates in this initiative are capable, experienced, and have longstanding business relationships in the West, and in Asia and Australasia. Already, they have engaged in exploratory discussions in Australia."

Hicks continued by noting that, "We anticipate finalizing our business relationships with our new affiliates in November and having completed the first facilities contracts in the early part of 2008 with initial construction starting mid-2008. This expansion of the scope and reach of our business can have a major impact upside on the EcoPlus business plan generally, and on revenues specifically."

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