Ecrypt Technologies, Inc.
OTCQB : ECRY

Ecrypt Technologies, Inc.

March 12, 2015 07:30 ET

Ecrypt Enters Into Global Marketing and Sales Agreement for DeconGel™

The Company bolsters its tools portfolio with a globally recognized hazardous material decontamination and remediation product

AUSTIN, TEXAS--(Marketwired - March 12, 2015) - Ecrypt Technologies, Inc. (OTCQB:ECRY) has entered into a Strategic Marketing Alliance agreement with CBI Polymers, Inc. (dba METIS Scientific), the makers of DeconGel a unique remediation and decontamination solution for commercial, government, and military end users.

DeconGel is a polymer-based material with unique binding properties. Upon application, the material penetrates into surface pores, mechanically binding and encapsulating contaminants. Upon drying, the film containing the contaminants can be peeled away, safely remediating the underlying surface and allowing for an effective and safe means for disposal, while simultaneously reducing waste volume.

Dr. Thomas A. Cellucci, Ecrypt's CEO commented: "We are pleased to add DeconGel to our Marketing Alliance Program as it strategically complements our unique security portfolio."

DeconGel has been used at Nuclear Medicine & Research Labs, as well as the US Department of Energy's facilities, where it successfully removed uranium and plutonium.

Dr. Cellucci added, "Our extensive due diligence process showed that CBI has a disruptive capability at a commercially competitive price with several differentiating benefits for customers."

Mr. Thomas Layton, CEO of CBI Polymers commented: "Ecrypt's Marketing Alliance Program is attractive for many reasons. It allows us to focus on our core competency of developing the best products at the lowest cost for our customers, while having a trusted partner to build market awareness and increase stakeholder value."

Mr. Layton's experience includes over 30 years at the executive level in the specialty chemicals business.

Senior Vice President for Sales at Ecrypt, Mr. Lester Quintana commented: "There is a significant need for a product like DeconGel. The global addressable market is significant and growing and we are truly excited to add this new set of capabilities to our portfolio."

About CBI Polymers Inc.

CBI Polymers Inc., dba METIS Scientific is a leader in creating decontamination products that are environmentally friendly, safe, and enable the cleanup of tough jobs at lower costs.

METIS' leading product, DeconGel is sold to wide range of customers including DOE, DOT, nuclear plants, fire departments, first responders, and others. The advantage of DeconGel is that it cleans up the waste with no water and minimizes the labor needed to get the job done.

For more information, visit http://decongel.com

About Ecrypt Technologies

Ecrypt Technologies, Inc. is a high technology security solutions portfolio provider that assists corporate entities, governments and individuals to protect their organizations against both physical and cyber-attacks through its offering of the most technically-advanced, cost-effective and reliable software, tools and systems.

For more information, visit http://ecryptinc.com

Safe Harbor Statement

This press release contains certain "forward-looking statements," as defined in the United States Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations. The economic, competitive, governmental, technological and other factors identified in the Company's previous filings with the Securities and Exchange Commission may cause actual results or events to differ materially from those described in the forward looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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