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/