News Archive
18 October - EcoPlus Announces Begins Financing Agreement for
National Municipalities in SmallCapVoice Interview
CHARLOTTE, N.C., Oct. 18, 2006 (PRIMEZONE via COMTEX) -- EcoPlus,
Inc. (Pink Sheets: ECPL) announced during an interview with
SmallCapVoice.Com that it has inked a final agreement with Academic
Capital Group, Inc. of Chicago, Illinois, a municipal lease-finance
company. The program agreement will supply qualified municipalities
with lease-purchase financing for acquisition of the EcoPlus
patent-pending brown grease disposal technology. Academic Capital
Group has strong public-side experience and its extensive sales-aid
financing is expected to accelerate EcoPlus, Inc.’s equipment
placements and provide additional value-added options to the
customer base. Bill Scherffius, EcoPlus Chief operating Officer,
said, "With the finalizing of this agreement, a municipality can
install the EcoPlus system with little to no up-front money
required. In these days of constricted tax revenues, this
arrangement for acquisition of an environmentally proactive
technology is highly attractive to municipal, county or wastewater
agency executives.” This announcement is part of a wide-ranging
interview conducted by Stuart Smith of SmallCapvoice.Com that
encompassed the company’s history, the depth of its management and
its execution of the business plan. The full interview can be found
on SmallCapVoice.Com and going to the EcoPlus logo.
During the interview Scherffius also noted that, “The company is
actively scheduling meetings with potential purchasers of our
systems on both the private and public side. This demonstrates that
we have solid interest in our technology and we are confident that
maintaining a fast pace in marketing and branding strategy and
filling the calendar with interviews with senior decision makers
will position us for a strong 2007.” ECPL has a patent-pending
technology for turning restaurant-generated brown grease refuse into
a high quality, alternative fuel. This process allows municipalities
to eradicate environmentally unfriendly brown grease, and turn it
into an income generating, environmentally friendly green fuel.
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.
The EcoPlus, Inc. logo is available
at
http://www.primezone.com/newsroom/prs/?pkgid=2822
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.
This news release was distributed by PrimeZone, www.primezone.com
SOURCE: EcoPlus, Inc.
By Staff
CONTACT:
EcoPlus, Inc.
Bill Scherffius, Chief Operating Officer
704-494-0064
Toll-free: 877-494-0064 Return
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