Boston, MA 10/09/2014 (wallstreetpr) – Ecosphere Technologies, Inc. (OTCMKTS:ESPH) announced that it has completed and delivered Ozonix EF 10M water treatment system. It was meant for an environmental services company, Brasil Clean Energy, in Brazil.
Technology Licensing
The company said that it signed an exclusive license agreement in July 2014 for technology and equipment purchase with Brasil Clean Energy to set up its patented water treatment technology, its statement indicated.
Ecosphere Technologies, Inc. (OTCMKTS:ESPH) indicated that completion of its Ozonix system during the third quarter marked that this was the first system to be delivered to BCE. It said that the product would continue to be a game-changer for disinfection applications and industrial water treatment. The product was used on about 1,200 oil and natural gas wells in the U.S. by recycling and treating about five billion gallons of water.
The company said that it continued to provide customers with a cost-effective and competitive advantage over the conventional liquid, toxic chemicals usage. The product provided customers with an alternative of chemical-free compared to high-volume water treatment. It would also recycle for a wide range of industries like food and beverage, industrial, mining, marine, municipal wastewater treatment, agriculture and oil and natural gas.
Management Speaks
Ecosphere Technologies, Inc. (OTCMKTS:ESPH) Chairman and CEO, Dennis McGuire, said that the company was looking forward to establishing a long-term alliance with BCE as one of its Ozonix technology licensing partners.
The company’s Director for New Business Development, George Chapas, said that BCE was one step forward in offering its clients with chemical-free and high-volume water treatment apart from recycling services. The patented technology was proved to be effective on about five billion gallons of water. He said that the company was off to a grand product launch with several prominent meetings held in the U.S. headquarters, as well as, in Brazil.
