CHARLOTTE, N.C., Aug. 23, 2006 (PRIMEZONE) -- EcoPlus, Inc. (Pink Sheets:ECPL) announced today that it has received its trading symbol and has initiated trading. Investors can log on to www.Pinksheets.com for trading information.
ECPL has a patent-pending technology that uses an environmentally friendly process for turning restaurant-generated brown grease waste, or fats, oils and grease (FOG) into a high quality, solid fuel product. The product that emerges from this technology can be used as a coal substitute to produce power, as a green fuel in waste heat to energy and steam plant operations, and for industrial process heat over a broad range of applications.
William Scherffius, Director of Operations of ECPL, said, "Over a year ago we began EcoPlus to benefit the environment through a process that alleviates the growth of a well recognized environmental threat while producing an environmentally friendly energy product. The company will be actively trading under the symbol ECPL, and announcing exciting new developments soon. We look forward to creating long-term relationships with our investors."
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.