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EcoPlus Announces Issuance of Second U.S. Patent
Tuesday, March 09, 2010
Final Documents Received on Process for a Biofuel Product
Charlotte, NC -- EcoPlus, Inc. (PINKSHEETS: ECPL) announced today that it has received the Letter of Patent regarding the issuance of the second of two patents from the United States Patent and Trademark Office. The first patent, U.S. Patent 7,384,562, issued in 2008, covered the "Treatment of Brown Grease" and concerned the treatment process for brown grease restaurant waste.
The second patent, issued in December of 2009 and related to the prior patent noted above, is U.S. Patent 7,632,319, and concerns "Fuel Produced by the Treatment of Brown Grease."
Phil Hicks, President of EcoPlus, stated, "This is a significant additional step in defining and protecting the intellectual property of EcoPlus and its technologies." Hicks continued by noting, "The patents will provide proof of the value of the technology and its unique place in the alternative, renewable energy area. While the original patent focused on the treatment method, the most recent patent defines original invention in terms of the solid fuel product. With both patents in hand, we have continued to enhance our credibility in both the treatment of brown grease, an increasingly high profile environmental issue, and in the production of a constructive, value-added final product that is a high-quality, alternative fuel."
EcoPlus controls a patented, commercially proven technology that utilizes an environmentally friendly process for turning brown grease restaurant waste into a high-quality, solid fuel that can be employed on a stand alone basis, or co-fired with other fuels or biofuels. This fuel can be used as a coal substitute in steam powered electrical generating stations to help meet increasingly common and ambitious state regulations demanding alternative fuel utilization, or for industrial heat over a broad range of applications in areas such as food processing, or manufacturing, such as cement manufacturing, where green fuels for corporate green initiatives are in demand.
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.
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