News Archive
1 September -
EcoPlus, Inc. Enters into Negotiationas with Alliance Development
Group For Development of EcoPlus Systems.
Monday, September 11, 2006, Charlotte, NC – EcoPlus, Inc. (Pinksheets:ECPL)
has entered into negotiations with Alliance Development Group for
managing construction of up to ten grease processing plants.
Alliance is a highly experienced development corporation located in
Charlotte, North Carolina, specializing in build-to-suit and
sale-leaseback arrangements.
Ralph Rogers, President of EcoPlus stated, “The relationship with
Alliance could be the most important factor regarding our plans for
national growth. Alliance has a significant contact base in multiple
markets throughout the US which can provide construction, equipment
leasing and financing. This will create a surge to our bottom line
profitability with minimal costs to our shareholders.”
Financial projections indicate there will be in excess of $13
million in initial licensing fees and over $300,000 per year of
reoccurring revenues for EcoPlus at the ten plant per year level.
ECPL has a patent-pending technology that utilizes an
environmentally friendly process for turning restaurant-generated
brown grease 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 heat to energy and steam plant operations and
as a fuel for industrial process heat over a broad range of
applications.
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.
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