STUART, Fla., Dec. 5, 2013 (GLOBE NEWSWIRE) -- Ecosphere Technologies, Inc. (OTCBB:ESPH), an innovative U.S. technology licensing and manufacturing company that develops environmental solutions for global markets, today announced that Fidelity National Environmental Solutions ("FNES") purchased its second Ozonix® EF80 system. The EF80 will be on display at Ecosphere's Annual Shareholders Meeting in Orlando, FL at the Hilton Orlando Bonnet Creek Convention Center on December 13, 2013 before being delivered to FNES' headquarters in Conway, Arkansas. The sale will be recognized in Q4 2013.
Ecosphere's patented Ozonix® EF80 is a mobile, advanced oxidation system specifically designed, developed and manufactured by Ecosphere to treat 100% of the water required for oil and natural gas production. Built for increased flexibility and to maximize utilization, the EF80 can be used to pre-treat water needed for hydraulic fracturing (or "fracking") operations or for the post-treatment of flowback and produced waters at pond sites or fixed facilities.
The EF80 is a part of Ecosphere's line of patented Ozonix® water treatment products, currently being leveraged by oil and gas operators around the United States to treat, recycle and reuse precious water resources. The EF80 is capable of processing high flow rates up to 80 barrels per minute (3,360 GPM) or more than 4 million gallons per day.The EF80 eliminates biocides and scale inhibitors typically used to manage microbial growth and scale deposition, providing operators with a chemical-free method to recycle petroleum industry wastewaters. See more information on the Ozonix® EF80 mobile water treatment system at: http://www.ecospheretech.com/divisions/ecosphere-energy-services/wastewater-treatment-frac-tanks/ef80 Since 2008, Ecosphere has manufactured and delivered more than 40 Ozonix® systems for the U.S. oil and gas industry. As a result, Ecosphere, FNES and its customers have enabled oil and gas customers to treat, recycle and reuse over 3 billion gallons of water on more than 800 oil and natural gas wells in major shale plays around the United States.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV