DALLAS, June 22, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Ecosphere Technologies Inc. (OTCBB:ESPH). Shares of Ecosphere have increased 59% since our last alert; the updated report includes recent financial, comparative and investment analyses, as well as recent company news and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/ESPH
Ecosphere Technologies Inc. (ESPH) is a diversified engineering, technology development and manufacturing company. The Company uses its Ecosphere Ozonix technology to assist gas and oil companies in treating water used to fracture natural gas wells in an environmentally friendly manner; in eliminating the use of chemicals to treat bacteria and reduce scaling in the fracturing process; in eliminating the need to dispose of contaminated water which flows back after fracturing wells, which reduces environmental regulatory issues, and improving the efficiency and productivity of natural gas wells.
Message Board Search for ESPH: http://www.boardcentral.com/boards/ESPH
In the report, the analyst notes:
"ESPH recently announced that it has filed a new patent based on its patented Ozonix technology to help BP and other energy exploration companies recover oil during a deepwater spill. 'Based on our past project experience, Ecosphere is confident to be able to offer our Ozonix Technology with nano bubbles as a chemical free solution to the Gulf oil disaster,' stated Sanjeev Jakhete, senior vice president of engineering.
"In a recent interview with CNBC, world-renowned environmentalist and ocean explorer Jean-Michel Cousteau, who is backing the use of ESPH's technology that separates oil from water, said he has been talking with BP and government officials about employing the machines. 'These machines,' as stated by ESPH CEO Charles Vinick, 'are especially useful in the Gulf spill situation because they don't use chemicals, they break up hydrocarbons and they can handle high volume.'"
To read the entire report visit: www.microstockprofit.com/lp/ESPH
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