MIAMI, Nov. 13, 2012 /PRNewswire/ -- Onteco Corporation (OTC.QB: "ONTC"), (the "Company", or "Onteco"), announced today that its President, Jorge Schcolnik, was a key speaker at the Border Environmental Cooperation Commission at its meetings in the cities of Valparaiso and Santiago in the Republic of Chile, held October 26-31, 2012. The meetings were held as a result of cooperation agreements among the Border Environmental Cooperation Commission and several Chilean entities. Schcolnik was invited to address the subject of forming an "Economic Sustainable Economy in a Friendly Environment". The speech addressed most of the challenges any government must face in the process of job creation within a safe environment for its citizens. The strategic intent of Schcolnik's participation in the meeting was to address several solutions and programs in regards the subject and at the same time introducing as part of such solution the Company and its advanced technologies with a multinational audience of thought and opinion leaders charged with solving long term economic and environmental problems. About Onteco Corporation Onteco Corporation was founded to develop innovative, practical and cost-effective solutions to some of the most significant global environmental challenges. Today, the Company is broadening its operational footprint into rapidly growing consumer markets, while continuing to focus on technologies to increase the efficient use of energy, and improve the recycling of consumer products. Additional information about Onteco Corporation is available at: www.Onteco.comSafe Harbor Statement: This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.