CHARLOTTE, N.C., Nov. 21, 2006 (PRIMEZONE) -- EcoPlus, Inc. (Pink Sheets:ECPL) has initiated a study into the feasibility of utilizing its alternative, green fuel product in the form of fuel pellets. If the study is successful, the company envisions the use of EcoFuel as an additional BTU source in commercial pellet-fuel applications.
Bill Scherffius, Chief Operating Officer for EcoPlus stated that, "EcoFuel produced by the EcoPlus process is normally a granular product. To further broaden our market footprint, we are evaluating transforming this material for use in specific applications that favor a compacted product. In this context, the application of our pelletized fuel in waste-heat-to-energy applications for power generation is of particular interest. Additionally, and on the international scene, utilization of pelletized fuels as means for meeting Kyoto Protocol emissions-reduction goals is expanding and could have a positive impact on EcoPlus."
ECPL (www.ecoplusinc.com) has a patent-pending, commercially proven technology that utilizes an environmentally friendly process for turning this 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 heat to energy and steam plant operations and as a fuel for industrial process heat over a broad range of applications. This option to capture BTUs for energy that are normally wasted is highly attractive in the tight energy environment of today.
The EcoPlus, Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2822
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.