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ECCI Ecoloclean Industries Inc (CE)

0.000001
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Ecoloclean Industries Inc (CE) USOTC:ECCI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Ecoloclean Industries, Inc. Affiliate, World Environmental Technologies, Inc., Obtains Worldwide Exclusive License for The Coale

01/11/2004 2:01pm

PR Newswire (US)


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/

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