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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

World Environmental Technologies, Inc. Enters Into a General Revenue Sharing Agreement With Coale's Environmental Systems, Inc.

02/06/2004 3:33pm

PR Newswire (US)


Ecoloclean Industries (CE) (USOTC:ECCI)
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World Environmental Technologies, Inc. Enters Into a General Revenue Sharing Agreement With Coale's Environmental Systems, Inc. CRYSTAL CITY, Texas, June 2 /PRNewswire-FirstCall/ -- In an effort to expand business opportunities and to offer industries technologies to facilitate compliance with federal and state environmental regulations, Ecoloclean Industries, Inc. (OTC:ECCI) (BULLETIN BOARD: ECCI) announced today that their subsidiary, World Environmental Technologies, Inc. ("WET"), has entered into a General Revenue Sharing Agreement with Coale's Environmental Systems, Inc. ("Coale"). Coale's business activities encompass methods to decrease and eliminate contaminants in diesel fuel via the Coale Separator. The Coale Separator is a mobile fuel-scrubbing unit that reduces abrasive sediments and corrosive degradation in combustion engines by removing contaminants such as sulfur content, oxidation, water, 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. In most cases this technology restores contaminated fuel to 99.9% pure. This General Revenue Sharing Agreement allows WET to commercialize, operate, market and lease the Coale Separator and its processes to industries that store diesel and/or ethanol or use combustion engines. WET will have the exclusive rights under the patents for the Coale Separator to market to any industry using combustion engines. Mike Richardson, President of World Environmental Technologies, Inc., stated, "This is an exciting addition to Ecoloclean's suite of services. The national market for the Coale Separator is substantial and continues to grow as federal regulations for sulfur levels in diesel are expected to become more stringent by 2006. These new regulations will significantly decrease the shelf life of stored diesel. Using the Coale Separator will keep stored diesel fuel within the federal regulatory requirements and also maintain the current shelf life of 28 days. Through this General Revenue Sharing Agreement, we are keeping with our business plan to offer a comprehensive contaminant remediation package for our clients." About Ecoloclean Industries, Inc. Ecoloclean Industries, Inc. is the parent company of two wholly owned subsidiaries, World Environmental Technologies, Inc. and Reliant Drilling Systems, Inc. Utilizing their patented electrocoagulation system, Ecoloclean Industries provides environmental waste remediation to treat and remove impurities in discharge water and other contaminated and/or polluted liquids and solids. 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/fossill fuel using the patented Coale Separator. The Coale Separator effectively separates water and solid particles from diesel/fossil fuel letting only purified fuel reach the engines. Separators help avoid contamination-caused 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: Barry Gross of Gross Capital, Inc., +1-361-949-4999, or , for Ecoloclean Industries, Inc. Web site: http://www.ecoloclean.com/

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