SOURCE: EcoPlus, Inc.

January 25, 2007 10:22 ET

Alliance Development Group Expresses Intention to Move Forward With EcoPlus Plant Development Program

Enlarged Buildout Rate Anticipated

CHARLOTTE, NC -- (MARKET WIRE) -- January 25, 2007 -- EcoPlus, Inc. (PINKSHEETS: ECPL), which announced in September 2006 that it had entered into negotiations with Alliance Development Group of North Carolina for the partnered construction of an undesignated number of waste grease processing plants, has recently learned of Alliance Development Group's intention to redirect focus towards its EcoPlus relationship and pursue the necessary final steps of an agreement between the two parties.

In a recent press release published in Commercial Property News, Alliance commented that with its $1 billion agreement with Houston-based University General Hospital Systems now signed and construction underway, it could now re-direct attention towards EcoPlus and "managing the construction of ten grease-processing plants." The plants, which will likely be rolled out via a build-to-suit, sale-leaseback, or similar arrangement commonly utilized by Alliance Development Group, will feature EcoPlus, Inc.'s patent-pending technology for turning restaurant-generated brown grease refuse into a high quality, solid fuel product.

Specific information on the terms of the proposed EcoPlus -- Alliance Development Group plant development program will be made available following completion of the agreement.

Alliance Development Group specializes in expanding and cultivating new business connections through relationship-based development programs which include all the elements necessary for a client to open its doors. More information can be found on Alliance's corporate website: www.goadg.com.

About EcoPlus, Inc.

EcoPlus, Inc. has developed a patent-pending, commercially proven technology that utilizes environmentally friendly procedures for turning brown or restaurant waste grease into economically viable products for the agricultural and energy sectors. The Company's technologies and packaged solutions are being marketed primarily to enterprise and municipal entities, including cities, counties and wastewater agencies -- especially those experiencing excessive FOG (fats, oils, grease) uptake into their wastewater channels, and those seeking to capture normally wasted BTUs for energy, as well as to private companies and investment groups seeking new alternative fuel technologies. The Company's high quality, solid fuel product is known as EcoFuel™. 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 utilized over a broad range of applications.

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. Specific forward-looking statements contained in this press release include, but are not limited to the Company's (i) assertion that Alliance Development Group is redirect(ing) focus towards its EcoPlus relationship and pursue(ing) the necessary final steps of an agreement between the two parties; (ii) its belief that Alliance intends to "manage the construction of ten grease-processing plants"; and (iii) its intention that Specific information on the terms of the proposed plant development program will be made available following completion of the agreement.

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 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


  • Investor Information:

    EcoPlus, Inc.
    Tara R. Presson
    Director of Investor Relations
    704-494-0060

    Equiti-trend Advisors LLC
    800-953-3350 toll-free
    858-436-3350 local or international