STUART, Fla., July 9, 2010 (GLOBE NEWSWIRE) -- Ecosphere Technologies, Inc. (OTCBB:ESPH), a diversified water engineering and environmental services company announces that the first phase of its recently announced contract with Mid-Gulf Recovery Services, LLC calls for Ecosphere to supply its patented mobile Ozonix units to clean marine industrial wastewater throughout the Gulf region for BP. This is the first application of the Ozonix technology outside of the energy business and is part of Ecosphere's plan to deploy the Ozonix technology in many industries to clean wastewater without harmful chemicals in an environmentally friendly way. Ecosphere's Ozonix technology is presently being tested in connection with cleaning oil in the Gulf. Under the present contract, two initial Ecosphere Ozonix mobile water treatment units will be placed on housing barges to clean grey and black wastewater generated by response personnel servicing the BP clean up efforts in the Gulf states. The first unit is in the gulf now and in the process of being deployed. Ecosphere expects to deliver the second unit within the next 14 days. Ecosphere anticipates that the initial two units will be deployed for a lengthy period of time and that it is hopeful the contract will be expanded to use more units. Glen Smith, Chief Executive Officer of Mid-Gulf Recovery Services stated, "Working aggressively to respond to the needs of a client in the face of a crisis is the heart of and soul of the Mid-Gulf mind set." After months of evaluating various water treatment technologies and having met with numerous agencies that are part of the process to get our equipment working, Mid-Gulf is pleased to announce the signing of a contract with Ecosphere Technologies to immediately dispatch its mobile Ozonix water treatment units to treat wastewaters being generated on quartering barges. Ecosphere's units will be working in conjunction with other Mid-Gulf equipment we have under a Master Service Contract with BP. Protecting the environment and marine life is our number one priority at Mid-Gulf and together with Ecosphere we will make a difference in the face of this unfortunate disaster," concluded Smith.
George Chapas, Ecosphere Technologies Business Development Manager, stated, "In my 28 years of being in sales and management positions in the water treatment business I have never seen such a great opportunity for a newly patented and commercialized water treatment technology to be applied in such a wide range of applications. The Ecosphere Ozonix technology is a game changing technology in that it replaces liquid chemistry when it comes to treating organic and inorganic materials. The applications and opportunities for our Ozonix technology in Louisiana and the Gulf States, wherever industrial waste waters are generated, are tremendous. Mid-Gulf Recovery Services LLC is the most experienced and well respected disaster relief company we could have ever hoped to be working with. Mid-Gulf has been right in the middle of supporting our government and the Gulf States on all of the most recent natural disasters.Ecosphere is very experienced in deploying mobile water treatment technologies during natural disasters having supplied the town of Waveland Mississippi with its drinking, showering and cleaning water for several months after Hurricane Katrina destroyed their municipal water system. Ecosphere and Mid-Gulf make a very powerful combination. Ecosphere supplies our state of the art Ozonix technology and technical personnel and Mid-Gulf supplies "the boots on the ground" in their own backyard providing a total solution for its customers." Click on this link to see the equipment Ecosphere Technologies has deployed to the Gulf states to work with Mid-Gulf: http://www.ecospheretech.com/industries/marine-wastewater-treatment/gulf-deployment-equipment Make sure you are first to receive timely information on Ecosphere Technologies when it hits the newswire. Sign up for Ecosphere's email news alert system today at: http://www.ESPH-IR.com . About Ecosphere Technologies: Ecosphere Technologies, Inc. (OTCBB:ESPH) is a diversified water engineering and environmental services company. The Company provides environmental services and technologies for use in large-scale and sustainable applications across industries, nations and ecosystems.
About Mid-Gulf Recovery Services:In 1965 the catastrophic events of Hurricane Betsy propelled Mid-Gulf Recovery into action. Since that time the nation has been faced with numerous natural disasters ranging from flooding to the devastation of major hurricanes. Mid-Gulf is proud to have served the nation then and proud to continue those same efforts in the future. Cautionary Note Regarding Forward Looking Statements This press release contains forward-looking statements including the term of the contract and receipt of an order for additional units. Forward-looking statements can be identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects" and similar references to future periods. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include the positive results of the units being deployed. Further information on Ecosphere's risk factors is contained in its filings with the Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2009. Any forward-looking statement made by us in this press release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
For more information, please visit: www.ecospheretech.com .
CONTACT: The WSR Group Investor Relations Contact: Gerald Kieft 772-219-7525 EcosphereIR@wallstreetresources.net www.wallstreetresources.net/ecosphere.asp