STUART, Fla., March 15, 2010 (GLOBE NEWSWIRE) -- Ecosphere Technologies, Inc. (OTCBB:ESPH), a diversified water engineering and services company primarily focused on recycling water within the oil and gas industry, today announces the release of an updated analytical profile on the Company, by micro-cap analyst Mr. Paul Silver, Director of Research for Wall Street Resources, Inc. The 48-page report includes detailed information on the Company's business model, products, industry, valuation, management and risks. Opinions stated in the report are those of Wall Street Resources, Inc. and not of Ecosphere Technologies, Inc.
The free report is available at: http://www.wallstreetresources.net/ecosphere.asp
Paul Silver stated, "Ecosphere Technologies has dialed-in its focus since the release of our last update published in September 2009. This updated report released today articulates the Company's value proposition, its overall corporate strategy, the opportunity within the domestic shale plays, future opportunities in offshore drilling and international shale plays, along with commercial applications for the Ecosphere Ozonix technology is a variety of different industries. In summary, we believe that Ecosphere's market tested technology is quickly gaining traction among major exploration and production companies, which will drive significant revenue growth over the next 12-36 months."
About Ecosphere Technologies
Ecosphere Technologies, Inc. (OTCBB:ESPH) is a diversified water engineering and environmental services company primarily focused on the natural gas industry. The Company provides water-recycling services to provide clean water for energy companies to extract natural gas from unconventional shale plays. Ecosphere's mission is to identify, create and produce clean technologies that solve a significant industry challenge, improve the quality of life and the environment, and are economically viable. Ecosphere has an extensive portfolio of patented clean technologies that can be purchased and licensed for use in large-scale and sustainable applications across industries, nations and ecosystems. For more information, please visit: www.ecospheretech.com
About the Analyst
Mr. Silver joined Wall Street Resources in 2006 as the Director of Research. He has been in the financial services industry since 1995 and began his professional career in auditing with a Big Four accounting firm in New York City. Mr. Silver made the move to Wall Street as a sell-side research analyst for two global investment banks in New York City including Salomon Smith Barney and UBS Paine Webber. At Salomon Smith Barney he was a member of the firm's research team covering REITs that was consistently ranked #1 by Institution Investor magazine. Most recently, Mr. Silver worked for a private equity firm as its Chief Investment Strategist. Mr. Silver is a graduate of the College of William and Mary in Virginia with a BA in liberal arts and New York University's Stern Business School with an MBA in International Finance and Accounting.
About Wall Street Resources
Wall Street Resources, Inc. and its affiliated site http://www.wallstreetresources.net are part of The WSR Group and a leading source for micro cap equity research and micro cap investor relations. Its principals have over 25 years of experience providing analysis on these companies. Wall Street Resources (WSR) acts as a conduit between micro-to-small capital company investors and emerging growth companies through its proprietary financial publications including daily and monthly newsletters, as well as comprehensive 20-50 page featured company reports. To sign up to receive WSR's financial publications go to: http://www.wallstreetresources.net/signup_basic.asp. WSR also provides business consulting services to help corporate executives by writing analytical reports, building financial models, and developing business plans.