STUART, Fla., Sept. 24, 2013 (GLOBE NEWSWIRE) -- Ecosphere Technologies, Inc. (OTCBB:ESPH), a water engineering, technology licensing and innovative U.S. manufacturing company, announced it has been named a finalist for the World Technology Awards in the corporate "Environment" category. The World Technology Awards have been presented by the World Technology Awards since 2000, as a way to honor those in 20 different categories doing "the innovative work of the greatest likely long-term significance." Nominees for the 2013 World Technology Awards were selected by the WTN Fellows (winners and finalists from previous annual Award cycles in the individual Award categories) through an intensive, global process lasting many months. The winners of the 2013 World Technology Awards will be announced during a ceremony at the historic Time-Life Building in New York City on the evening of November 15th at the close of the 12th Annual World Technology Summit, a two-day "thought leadership" conference (Nov. 14/15) held at the TIME Conference center and presented by the WTN in association with TIME Magazine, Fortune, CNN, Science/AAAS, and others. "We are honored to be recognized by the World Technology Network and selected as a finalist for the 2013 World Technology Awards in the corporate Environment category," said Dennis McGuire, Chairman and CEO of Ecosphere Technologies. "Ecosphere's patented Ozonix® water treatment technology has and will continue to have a growing positive impact on protecting the environment while helping our customers reduce costs, increase treatment efficiencies and eliminate harmful liquid chemicals from their wastewater treatment operations." About Ecosphere Technologies Ecosphere Technologies, Inc. (OTCBB: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 customers to reduce costs, increase treatment efficiencies and eliminate harmful chemicals from wastewater treatment operations around the United States. Ozonix® can be used to replace chemicals in a wide variety of industries and applications, including but not limited to agriculture, energy, environmental, food and beverage, industrial, mining, marine, and municipal wastewater treatment.