News Archive
28 November - EcoPlus, Inc. Sees Positive Impact
For Shareholder Value After Recent Elections
Alternative Energy Proposals Abound in New
Congress
CHARLOTTE, N.C., November 27, 2006--EcoPlus, Inc. (Pink Sheets: ECPL)
is closely watching the impact of mid-term elections on the
alternative fuels environment. The conclusion, to date, is that
upside potential is significant.
For example, on the Senate Committee of the Environment and
Public Works, Oklahoma Sen. James Inhoff, famous for his anti-global
warming stance, will be replaced by Sen. Barbara Boxer of
California. Boxer takes the impact of climate change seriously; thus
we expect bills favoring development of alternative energy and green
fuels.
In the lower house, the Committee on Energy and Commerce will be
chaired by Representative John Dingle of Michigan. During a
television interview following this November 7th elections, Dingle
indicated his interest in federally mandated Renewable Portfolio
Standards (RPS) mimicking those of the sixteen state level RPS found
across the country. A Renewable Portfolio Standard (RPS) is a policy
that obligates a retail electricity supplier to include renewable
resources in its electricity generation portfolio. Importantly for
EcoPlus, the RPS states include some type of biomass as a qualifying
renewable energy technology.
Ralph Rogers, president of EcoPlus noted, “Alternative energy
products, including the biomass from our patent pending technology,
are finding increasing acceptance, and utilization through a federal
Renewable Energy Standards system seems likely. When this is the
case, the positive impact on growth will be result in significant
value for EcoPlus shareholders.”
ECPL (www.ecoplusinc.com) has a patent-pending, commercially
proven technology that utilizes an environmentally friendly process
for turning brown grease restaurant refuse into a high quality,
solid fuel product. This product can be used as a coal substitute to
produce power, as an adjunct fuel in waste-to-energy and steam plant
operations and as a fuel for industrial process heat over a broad
range of applications. The option to capture BTUs for energy that
are normally wasted is highly attractive in the tight energy
environment of today.
The EcoPlus, Inc. logo is available at
http://www.primezone.com/newsroom/prs/?pkgid=2822
Statements regarding financial matters in this
press release other than historical facts are "forward-looking
statements" within the meaning of section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934, and as
that term is defined in the Private Securities Litigation Reform Act
of 1995. The company intends that such proclamations about the
Company's future expectations, including future revenues and
earnings, technology effectiveness and all other forward-looking
statements be subject to the safe harbors created thereby. EcoPlus,
Inc. is a development stage company that depends on outside
resources to maintain its continuation. Since these statements
involve risks and uncertainties and are subject to change at any
time, the Company's actual results may differ materially from
expected results.
EcoPlus, Inc.
Bill Scherffius, Chief Operating Officer
704-494-0064
Toll-free: 877-494-0064
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