Consolidated Ecoprogress Technology Inc.
TSX VENTURE : CES

Consolidated Ecoprogress Technology Inc.

October 11, 2006 14:34 ET

Consolidated Ecoprogress Technology Inc.: Australia orders US$622,674 of Flushaway

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 11, 2006) -

Mr John Banks reports:

Consolidated Ecoprogress Technology Inc. (TSX VENTURE:CES) is pleased to report that our distributor Ecoprogress Australia Pty Ltd., a separate entity, has placed a master purchase order for 12 containers of Flushaway™ product totaling US$622,674. This order is in addition to 3 containers previously announced. Ecoprogress now has an order book with a sales value in excess of US$1,200,000. The sales order book is by far the largest in the company's history.

Ecoprogress has already produced and delivered one partial shipment of Flushaway™ for the Australian market. The product is currently being sold in Priceline Supermarkets in Australia.

Highford Holdings Ltd. of Hong Kong has received its first container. Adapting to the Asian market, Ecoprogress has re-branded Flushaway™ to "Far-she-why", which means flower in Chinese. A different trademark is being used for all packaging in the Chinese speaking territories.

Recently, Flushaway™ pads and liners have been produced and delivered to distributors on 4 continents; North America, Asia, Africa and Australia.

Australia's new master purchase order will be for a variety of Flushaway™ products and is currently expected to be dispatched within 6 months. Sub purchase orders will define the specific product mix and the delivery schedule for each of the containers that make up the master purchase order. As each sub purchase order is placed, a 25% down payment will accompany each order. Each shipment will also be a full container of product. Each order will be profitable and sold at standard profit margins.

Flushaway™ pads and liners are now carried in K-Mart in the US. Flushaway™ are also carried in South Africa, the US Marines Corps worldwide and Priceline Superstores in Australia.

Ecoprogress is diligently working on becoming a lead player in environmentally friendly, absorbent and plastic replacement products. Its first branded product, Flushaway™, provides women with the choice of a flushable, biodegradable feminine hygiene product.

ON BEHALF OF THE BOARD OF DIRECTORS

John Banks, CEO and President

Consolidated Ecoprogress Technology Inc.

Statements contained in this news release that are not historical facts are forward-looking statements as that term is defined in the private securities litigation reform act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results. Such risks and uncertainties are detailed in the Company's filings with the TSX-V and on SEDAR.


The TSX Venture Exchange has not reviewed nor accepted responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.

Contact Information

  • Consolidated Ecoprogress Technology Inc.
    John Banks
    CEO and President
    (604) 738-7015 or Toll Free: 1-888-326-7764
    (604) 738-7051 (FAX)
    Email: ir@flushaway.com
    Website: www.flushaway.com