Consolidated Ecoprogress Technology Inc.

Consolidated Ecoprogress Technology Inc.

April 26, 2007 09:01 ET

Ecoprogress Receives $50,000 From April Project 1 Corp.

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 26, 2007) - Consolidated Ecoprogress Technology Inc. (TSX VENTURE:CES)(PINK SHEETS:CEPGF) -

Mr John Banks reports:

We are pleased to report that Ecoprogress has received a goodwill down payment of $US50,000 as part of the recently announced Letter of Intent with April Project 1 Corp. of Florida. All unassigned sales territories to sell our Flushaway™ pads and liners as well as manufacturing rights and several new pending patents will be acquired by April Project 1 Corp. Royalties to Ecoprogress, an initial cash payment to be received and other particulars are being negotiated and are expected to be finalized before June 30, 2007.

Flushaway™ pads and liners are now carried in K-Mart in the US, and Coles and Priceline in Australia. Product is also available in South Africa, the US Marines Corps worldwide and Bonjour in Hong Kong.

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 feminine hygiene product.


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
    Toll Free:1-888-326-7764 or (604) 738-7015
    (604) 738-7051 (FAX)