News Archive
4 April - EcoPlus, Inc. Creates Development Subsidiary
Unit Sees Strong Profit Opportunities in Private Enterprise
Operations
CHARLOTTE, NC -- (MARKET WIRE) -- April 04, 2007 -- EcoPlus,
Inc. (PINKSHEETS: ECPL) announced today that it has formed a wholly
owned subsidiary, EcoPlus Development, LLC, to facilitate deployment
of EcoPlus FOG collection and processing systems across the United
States. The subsidiary will be headed by Phillip Hicks, a Charlotte,
North Carolina businessman.
Ralph Rogers, president of EcoPlus, noted, "The formation of this
unit will enable EcoPlus to capitalize on emerging opportunities for
marketing turnkey facilities that will be owned and operated by
private investor syndicates. We are especially pleased that Phil
Hicks has joined the company to manage this unit, as his talent and
insight as a successful entrepreneur adds a significant dimension to
our management team."
Rogers added, "EcoPlus will receive its licensing fees, technology
user fees, management and administrative support fees from the
syndicates. Importantly, this is a wider cast of our marketing net,
and we are maintaining a strong marketing presence in the arena of
publicly operated waste treatment agencies, and county and municipal
governments."
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 is
normally wasted is highly attractive in the tight energy environment
of today.
More information on EcoPlus, Inc. is available on its corporate
website: www.ecoplusinc.com
Forward-Looking Disclaimer
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.
Factors that may affect forward-looking statements and the Company's
business generally include but are not limited to (i) the risk
factors and cautionary statements made in the Company's NASD or SEC
filings; and (ii) other factors that EcoPlus is currently unable to
identify or quantify, but may exist in the future.
Forward-looking statements speak only as of the date the statement
was made. EcoPlus does not undertake and specifically declines any
obligation to update any forward-looking statements.
EcoPlus, Inc.
Bill Scherffius
Chief Operating Officer
704-494-0064
Toll-free: 877-494-0064
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