SOURCE: EcoPlus, Inc.

October 02, 2007 09:00 ET

EcoPlus Sees Test Burn Possibilities With Subsidiary of Fortune 500 Company

Potential for Multimillion Dollar Revenues From Multiple Installations

CHARLOTTE, NC--(Marketwire - October 2, 2007) - EcoPlus (PINKSHEETS: ECPL) has become involved in discussions with a major subsidiary of a Fortune 500 company with respect to their evaluating the EcoPlus technology for conversion of brown grease into an alternative fuel product. The company noted has proposed a significant test burn of our EcoFuel product and EcoPlus is confident that it will schedule this test of our material at an existing facility of this company in the near term.

Phil Hicks, president of EcoPlus, notes, "We are excited about the possibilities for this relationship. A finalized agreement could mean revenues in excess of $4.5 million per plant over the life of each contract, and the scope and distribution of the company's operations could lead to multiple installations in the United States."

About EcoPlus, Inc.

ECPL ( 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:

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