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Ecosphere Technologies Named As American Technology Award Finalist In Clean Tech/Green Tech Category

STUART, Fla., May 7, 2013 (GLOBE NEWSWIRE) -- Ecosphere Technologies, Inc. (OTCQB:ESPH), a water engineering, technology licensing and innovative U.S. manufacturing company, has been named a finalist in the Clean Tech/Green Tech category for the 2013 TechAmerica Foundation American Technology Awards (ATAs). The ATAs cross the technology industry recognizing products and services like Ecosphere's patented Ozonix® technology for the treatment and recycling of water used during oil and gas exploration and production.

"Each year, the caliber of nominations for the American Technology Awards increases. This is a true testament to the technology industry and our power for transforming the world around us," said Shawn Osborne, the TechAmerica Foundation Chairman. "We congratulate Ecosphere for their outstanding work and thank them for their contribution to the growth and innovation of our vibrant industry."

The awards are awarded on the basis of a thorough evaluation by industry experts and technology leaders.

The winners will be announced at the Technology and Government gala dinner, the premier Washington, D.C. technology networking event, bringing together hundreds of industry and government leaders to celebrate the technology industry. The Technology and Government Dinner will be held at the Ronald Reagan Building in Washington, D.C., June 20, 2013.

About Ecosphere Technologies

Ecosphere Technologies, Inc. (OTCQB:ESPH) is a water engineering, technology licensing and innovative U.S. manufacturing company that develops environmental 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.

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