SOURCE: Ethos Environmental, Inc.

Ethos Environmental, Inc.

August 20, 2009 09:00 ET

Ethos Announces Revenue for 2nd Quarter, Launch of Distribution Arm a Success

SAN DIEGO, CA--(Marketwire - August 20, 2009) - Ethos Environmental, Inc., (OTCBB: ETEV), a San Diego-based manufacturer of fuel reformulating products, is pleased to announce that the revenue for the three months ended June 30, 2009 was $471,234, compared to $138,070 for the three months ended March 31, 2009. This represented an increase of $333,164 or 341% from March 31, 2009.

In May 2009, the Company successfully launched its wholly owned distribution arm, www.ecomates.com. During the first quarter of 2009, the Company essentially brought sales to a halt as it went through corporate restructuring and focused on developing its products, which included obtaining testing data to validate the beneficial effects of EthosFR+ and EthosFR.

Corey P. Schlossmann, Ethos' CEO, stated that, "We are optimistic that as we continue to grow and expand our base of distributors, we will see a corresponding increase in sales going forward. We appreciate the efforts of all our distributors in making the launch of our distribution arm, www.ecomates.com, a success."

About Ethos Environmental, Inc.

Ethos Environmental, Inc. (OTCBB: ETEV), a San Diego-based corporation, has developed and manufactured award-winning fuel based eco-friendly solutions that have been incorporated into a family of products that help all combustion engines meet environmental regulations and achieve greater engine efficiency. For more information about Ethos Environmental, Inc., visit www.ethosfr.com.

Forward-Looking Statements

Except for statements of historical fact, this news release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation, expectations, beliefs, plans and objectives regarding future activities. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Ethos Environmental to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop future assets, the ability to fund operations and changes in consumer and business habits and other factors over which Ethos Environmental, Inc., or any affiliates, has little or no control.

Contact Information

  • Contacts

    Corporate Contact:
    Yasmine Rangel
    Ethos Environmental, Inc.
    Tel: 619-575-6800
    yrangel@ethosfr.com
    www.ethosfr.com

    Press Contact:
    Richard Cooper
    Strategic Growth International, Inc.
    Tel: 212-838-1444
    rcooper@sgi-ir.com
    www.sgi-ir.com

    Investor Contact:
    Financial Insights
    2082 SE Bristol, Suite 209
    Newport Beach, CA 92660
    888-572-7934