23 October - EcoPlus, Inc. and Alliance Development See an
Estimated $22.3 Million in Technology Sales and Related Construction
EcoPlus, Inc. Signs Letter of Intent With Alliance Development Group
for Technology Licensing and Construction of EcoPlus Plants
CHARLOTTE, N.C., Oct 23, 2006 (PrimeZone Media Network via COMTEX)
-- EcoPlus, Inc. (Pink Sheets:ECPL) has signed a Letter of Intent
with Alliance Development Group. EcoPlus anticipates completing a
final agreement by December 31. Alliance expects that full or
partial completion of five plants by the end of 2007 should be
Bill Burk, President of Alliance Development Group said, "The goal
of five plants completed or under our development function by the
end of 2007 is aggressive but achievable, especially through our
exclusive relationship with a worldwide leader in construction
management, which gives EcoPlus a highly accelerated build-out
Ralph Rogers, President of EcoPlus replied, "As we stated when we
began discussions with Alliance, the relationship could be an
important factor in our plans for national distribution of our
technology. As proof, Alliance has made introductions to municipal
representatives even prior to a formal agreement, and those
introductions could lead to multiple municipal technology license
purchases. The goals Alliance has set for development and rollout of
our technology will push 2007 projected revenues higher than
ECPL (www.ecoplusinc.com) has a patent-pending, commercially proven
technology that utilizes an environmentally friendly process for
turning this brown restaurant grease 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.
Alliance Development Group, a privately held corporation
headquartered in Charlotte, North Carolina, delivers 100% turnkey
facilities under Build-to-Suit and Sale Leaseback programs
unparalleled in the industry, allowing its clients to expand their
locations at a much faster pace. Through an exclusive relationship
to provide construction management, Alliance clients receive the
best value backed by an exemplary reputation in the marketplace.
More information is available on the Alliance website: www.goadg.com,
or by calling its President, Mr. William Burk at 704-973-2950.
CONTACT: EcoPlus, Inc.
Bill Scherffius, Chief Operating Officer
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