News Archive
6 September - EcoPlus Begins Discussions on Program
Agreement for National Municipalities. Charlotte, N.C.,
September 6, 2006 – EcoPlus, Inc. (Pink Sheets:ECPL) announced that
it has entered into a discussion with Academic Capital Group, Inc.
of Chicago, Illinois, a municipal lease-finance company. When
finalized, the program agreement will supply qualified
municipalities with lease financing to purchase or rent the EcoPlus
patent-pending brown grease disposal technology.
Municipalities consistently feel environmental pressure over the
many disposal issues that brown grease causes. Utilizing the
company’s technology and Academic Capital Group’s financing,
virtually any qualified municipality will have the ability to
eradicate brown grease disposal issues. This agreement will also
allow municipalities to create alternative fuel for local utilities.
Installation of the EcoPlus system provides a unique opportunity for
local governments to turn an environmental challenge that they are
currently dealing with into an environmentally friendly alternative
energy product.
Bill Scherffius, EcoPlus Director of Operations, said “With the
addition of this financing element, a municipality could get the
EcoPlus system with little to no money required. In addition, with
the sale of green fuel to utilities, the municipality could create a
profit to the bottom line. How many times in business do you see a
win-win situation like this?”
Dennis Stephans, President of Academic Capital Group, Inc., adds,
"We are very proud to partner with EcoPlus to provide comprehensive
equipment and funding services to its clients. EcoPlus’
patent-pending process and equipment coupled with our extensive
sales-aid financing is expected to accelerate the company's
equipment placements and provide additional value-added options to
the customer base."
EcoPlus, Inc.
Bill Scherffius, Director of Operations
704-494-0064 Phone
877-494-0064 Toll Free
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.
EcoPlus, Inc. (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.
Academic Capital Group, Inc., a privately-held corporation
headquartered in Chicago, Illinois, provides numerous flexible
financing programs for the acquisition of capital assets and related
services for state and local governments, throughout all 50-states,
Guam and Puerto Rico. More information can be obtained from its
website: www.academiccapital.com, or by calling its President, Mr.
Dennis Stephans, at 800-513-0013.
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