STUART, Fla., Sept. 13, 2012 (GLOBE NEWSWIRE) -- Ecosphere Technologies, Inc. (OTCBB:ESPH), a diversified water engineering, technology licensing and environmental services company, is pleased to announce that it has been chosen for the 2012 Artemis Top 50 Water Tech Listing. "The Artemis Top 50 is the water industry's benchmark for innovation that will matter. It identifies the new solutions that will meet the world's water challenges," stated Laura Shenkar, Chair of the Artemis Top 50. "The Top 50 are some of the most promising start-ups in the emerging high tech wave in water." Ecosphere Technologies, Inc. was selected by a jury that included experts from corporations such as Intel, Archer Daniels Midland, IBM, Ecolab and Syngenta as well as McKinsey, CH2M Hill, Carollo Engineers and Singapore's Public Utilities Board. "The Artemis Project's selection of Ecosphere Technologies as a Top 50 Water Company for the third consecutive year is a tremendous honor and we are proud to be recognized for our innovations in water treatment for the oil and gas industry," said Charles Vinick, Chairman and CEO of Ecosphere Technologies. "Water innovation is a critical component to improved environmental performance for exploration and production companies, and as the industry continues to improve their water management practices to meet their production goals and environmental requirements successfully, they will also improve the economics of their operations and their relationships with the local communities in which they operate." To date, Ecosphere's patented Ozonix technology has enabled oil and gas operators to recycle and reuse more than 2 billion gallons of water on approximately 600 oil and natural gas wells, eliminating the need for 1.6 million gallons of liquid biocides. Links in this release: The Artemis Water Tech Top 50: http://artemistop50.com/ Top 50 Awards: http://theartemisproject.com/news-events/competition/ 2012 Artemis Top 50 Jury: http://artemistop50.com/information/judges/ Laura Shenkar's bio: http://theartemisproject.com/about-us/management-bio/ About Ecosphere Technologies Ecosphere Technologies, Inc. (OTCBB:ESPH) is a diversified water engineering, technology licensing and environmental services company that designs, develops, and manufactures wastewater treatment technologies for a variety of industrial markets. The company provides environmental services and technology solutions for large-scale, sustainable applications across industries, nations and ecosystems.