Ecosphere Announces Delivery Of Two Ozonix EF80 Units To Hydrozonix
STUART, Fla., Jan. 14, 2013 (GLOBE NEWSWIRE) -- Ecosphere Technologies, Inc. (OTCBB:ESPH), a water engineering, technology licensing and innovative manufacturing company, today announced that the Company and its majority-owned subsidiary, Ecosphere Energy Services, LLC, completed manufacturing, acceptance and delivery of two Ozonix ® EF80 units to Hydrozonix, LLC in the fourth quarter of 2012. Following the delivery of units 11 and 12, Ecosphere has commenced production of units 13 and 14.
"I am pleased to see that the first twelve Ozonix EF80 systems have been successfully delivered to Hydrozonix under our long-term contract," stated John Brewster, Chairman and CEO of Ecosphere Technologies. "Hydrozonix now has a fleet of Ozonix EF80 units that are being deployed in a variety of shale plays throughout the U.S. to continue to extend the reach of our patented Ozonix technology."
Since initiating its license agreement, Hydrozonix has treated approximately 19 million barrels (nearly 800 million gallons) of water using Ecosphere's patented chemical-free Ozonix advanced oxidation process to eliminate biocides and scale inhibitors, while enabling 100% recycling of flowback and produced waters.Brewster further stated, "With Hydrozonix, we have proven our 'open innovation' intellectual property licensing model and we are well-positioned to continue our growth strategy and expansion into new geographic and industrial markets." About Ecosphere Technologies Ecosphere Technologies, Inc. (OTCBB:ESPH) is a water engineering, technology licensing and innovative manufacturing company that develops non-chemical water treatment solutions for industrial markets throughout the world. The Company is a leader in emerging advanced oxidation processes and has an extensive portfolio of intellectual property that includes five United States patents for the Ecosphere Ozonix ® process. The patented Ecosphere Ozonix ® process is a revolutionary advanced oxidation process that is currently being used by energy exploration companies to reduce costs, increase treatment efficiencies and eliminate liquid chemicals from wastewater treatment operations around the United States. A recipient of Frost & Sullivan's 2012 North American Product Leadership Award in Disinfection Equipment for Shale Oil and Gas Wastewater Treatment, Ecosphere has enabled oil and gas customers to recycle and reuse over two billion gallons of water on more than 600 oil and natural gas wells in major shale plays around the United States since 2008.
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