Ecoloclean Industries (CE) (USOTC:ECCI)
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Ecoloclean Industries, Inc. Affiliate, World Environmental
Technologies, Inc., Obtains Worldwide Exclusive License for The Coale Separator
CRYSTAL CITY, Texas, Nov. 1 /PRNewswire-FirstCall/ -- Ecoloclean Industries,
Inc. (OTC:ECCI) (BULLETIN BOARD: ECCI) announced today that it has obtained
the Worldwide Exclusive Rights for the patented Coale Separator through an
agreement with Coale's Environmental Systems, Inc. ("Coale"). As previously
announced on June 2, 2004, Ecoloclean Industries entered into a General Revenue
Sharing Agreement with Coale. The new license agreement and international
marketing rights will allow Ecoloclean the opportunity to market, manufacture,
install and commercialize the inventions and to operate and use such process
apparatus, machinery and devices to remove contaminants from fuels used in
combustion engines, using fewer than five (5) gallons of fuel per minute. The
exclusive rights granted under this superceding agreement will apply to
industries that use combustion engines and are inclusive of two patents
currently in place and any future related patents, improvements or
applications. This acquisition will be developed and marketed under
Ecoloclean's World Environmental Technologies, Inc. subsidiary.
The Coale Separator decreases and substantially eliminates contaminants in
diesel fuel. It is designed to operate as a mobile fuel-scrubbing unit that
reduces abrasive sediments and corrosive degradation by removing contaminants
such as water, oxidation, dirt, sand and sludge. The Coale Separator
effectively separates these liquid and solid particles from diesel fuel,
thereby allowing only purified fuel to reach combustion engines. This device
is easily installed without any modifications to the existing engine.
Royis Ward, President and CEO of Ecoloclean Industries, Inc. stated that this
license represents an important advance for Ecoloclean Industries, Inc. Product
specifications indicate that the Coale Separator not only removes substantially
all contaminated or polluted liquids, but greatly extends engine life due to
the reduction of abrasive contaminants which are filtered out before reaching
the engine. This process increases horsepower and engine efficiency by burning
a cleaner fuel. The Coale Separator is effective for use with diesel fuel,
gasoline, kerosene, hydraulic oil transmission fluid and JP8 jet fuel. In
addition, it extends filter life resulting in measurable cost savings. Other
benefits include a reduction of fuel system problems, broken injector tips,
excessive engine wear and power losses, thereby improving overall engine
performance.
The Company anticipates widespread acceptance among the potential customer base
of owner/operators of combustion engines including, but not limited to,
offshore/onshore drilling rigs, tugboats and transportation departments of
government agencies.
Production is expected to begin within 90 days and Mr. Ward has stated that
inquiries and expressions of interest have been received from both domestic and
foreign companies. The Company's management team is very optimistic about the
future marketing potential of this revolutionary product.
About Ecoloclean Industries, Inc.
Ecoloclean Industries, Inc. is the parent company of four wholly owned
subsidiaries: Ecoloclean, Inc., Ecoloclean of Texas, Inc., World Environmental
Technologies, Inc., and Reliant Drilling Systems, Inc. Utilizing various
remediation techniques and technologies, Ecoloclean Industries provides
environmental waste remediation to treat and remove impurities in contaminated
and/or polluted liquids and solids for a variety of industries including, but
not limited to, refineries, paper mills, petroleum and petrochemical
industries. Ecoloclean Industries has merged equipment and personnel in its
subsidiaries to maximize the utilization of company resources. ECCI continues
to seek technologies and procedures that will offer its clients the safest and
most cost effective technologies available in the market place.
About Coale's Environmental Systems, Inc.
Coale's Environmental Systems, Inc. is a private company that concentrates its
business on the decontamination of liquids and solids in diesel fuel, gasoline
and motor oil using the Coale Separator. The Coale Separator effectively
separates water and solid particles from diesel fuel permitting only purified
fuel to reach the engines. Separators aid in the avoidance of contamination
induced engine wear due to abrasive sediment and/or corrosive degradation.
This press release may be deemed to contain certain Forward-Looking Statements
with respect to the Company that are subject to risks and uncertainties that
include, but are not limited to, those identified in the Company's press
releases or discussed from time to time in the Company's Securities and
Exchange Commission Filings. Actual results may vary.
Investor Contact:
Barry Gross
Gross Capital, Inc.
361-949-4999
DATASOURCE: Ecoloclean Industries, Inc.
CONTACT: Investor: Barry Gross of Gross Capital, Inc., +1-361-949-4999,
or
Web site: http://www.ecoloclean.com/