SOURCE: Ecosphere Technologies, Inc.

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April 20, 2015 07:30 ET

Ecosphere Technologies Announces Sale of Ecos GrowCube™

Ecos GrowCube™ to Be Completed April 30th for Sea of Green Systems

STUART, FL--(Marketwired - April 20, 2015) - Ecosphere Technologies, Inc. (OTCBB: ESPH), a technology development and intellectual property licensing company, today announced the sale of its first Ecos GrowCube™ to Sea of Green Systems, Inc. ("SOG"). The first Ecos GrowCube™ unit will be completed in the coming weeks and will be delivered to SOG by April 30th, 2015. This will enable SOG to begin its first round of demonstrations, targeting the legal medical and legal recreational marijuana industries in the United States.

Introduced in November 2014, the Ecos GrowCube™ is a turnkey, fully automated hydroponic greenhouse that is Made in the USA and fabricated out of aircraft-grade aluminum. The Ecos GrowCube™ incorporates Ecosphere Technologies' multi-patented Ozonix® water treatment technology and utilizes a combination of proven hydroponic growing techniques in order to maximize the amount of crop production possible in a given footprint. The initial market focus will be the legal medical and recreational marijuana markets in states where local law permits the use of medical and/or recreational marijuana. Additionally, due to its green technology, the Ecos GrowCube™ can be used in the "farm-to-table", urban farming and organic farming movements or other high value crops.

Sea of Green Systems, Inc. is a newly formed subsidiary of Ecosphere Technologies Inc. that has been formed to monetize Ecosphere's Ecos GrowCube™ technology and Ozonix® product lines in the world's hydroponic markets. The SOG subsidiary has received a royalty-free, global field-of-use license for the Ecos GrowCube™ in addition to Ecosphere's multi-patented Ozonix® water treatment technology and related Ecosphere developed growing technologies. This includes Ecosphere's proprietary software, automation and control technologies for hydroponic related growing applications globally.

Dennis McGuire, Chairman and CEO of Ecosphere Technologies, said "Ecosphere has spent much of 2014 and 2015 to date designing, developing and more recently, manufacturing the first Ecos GrowCube™. We have leveraged a significant amount of our Company's resources in addition to our Company's knowledge of automated systems integration and non-chemical water treatment and disinfection technologies to be able to enter one of the fastest growing business segments in the U.S. We believe the Ecos GrowCube® is a game-changing technology for the legally licensed medical collectives and legal recreational growers, that are committed to growing high-quality, chemical-free, medical-grade plants in a fully-automated, clean room, secure, type environment. We are excited about the first Ecos GrowCube™ being delivered to SOG in the coming weeks."

For more information on the Ecos GrowCube® technology, please visit http://www.ecospheretech.com/environmental-engineering-technologies/ecos-growcube

About Ecosphere Technologies
Ecosphere Technologies, Inc. (OTCBB: ESPH) is a technology development and intellectual property licensing company that develops environmental solutions for global water, energy and industrial markets. We help industry increase production, reduce costs, and protect the environment through a portfolio of unique, patented technologies: technologies like Ozonix®, the Ecos PowerCube® and our recently announced Ecos GrowCube™, which are available for exclusive and nonexclusive licensing opportunities across a wide range of industries and applications throughout the world.

For more information, please visit http://www.ecospheretech.com

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