Consolidated Ecoprogress Technology Inc.

Consolidated Ecoprogress Technology Inc.

August 09, 2005 13:26 ET

Consolidated Ecoprogress Technology, Inc.: Flushaway Drops 50% Price Premium

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 9, 2005) - Consolidated Ecoprogress Technology Inc. (TSX VENTURE: CES) is pleased to announce a reduction in Flushaway prices, eliminating a former 50% price premium when compared to competitors' products, and taking advantage of its lower cost manufacturing base in China.

According to our distributor Dr Fresh the new version of Flushaway is already being sold in some Wal-Mart stores. Pricing is similar to competitors' brands when calculated on a unit basis.

Initially this transition will provide the consumer more pieces per pack while maintaining the old pack price. For example, the number of pantyliners in a packet will increase from 16 to 32, doubling the number of pieces per pack while retaining the present Wal-Mart pack price of US$1.44. Ecoprogress will also increase the number of pads per pack from 12 to 18 while keeping the current price of $US2.88 per pack.

This re-pricing of Flushaway completes the first phase of a product re-positioning. Re-positioning Flushaway is designed to significantly increase sales, build market share, and grow the business.

The Company plans a second phase to further improve product positioning, to introduce new improvements, and to expand the Flushaway feminine hygiene product range.

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 a flushable feminine hygiene alternative product that, after disposal biodegrades in 28 days.


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.

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