EcoPlus, Inc. Announces Negotiations Complete
26 Novembre 2007 - 4:49PM
Marketwired
CHARLOTTE, NC has been in negotiations with affiliates to
develop the western U.S. and the Pacific Rim, as previously
announced on Oct. 09, 2007. These negotiations are complete and
have produced a majority owned joint venture, EcoPlus West, LLC.
This joint venture between EcoPlus, Inc. and Zev E. Kaplan
(President) and Aloysius Poh (Director) establishes EcoPlus West,
LLC as a subsidiary of EcoPlus, Inc. in the following areas:
California, Nevada, Arizona, Washington (state), Oregon, Australia,
Tasmania, New Zealand, Malaysia, China (Hong Kong) and Macau.
Zev Kaplan is currently General Counsel to Cash Systems, Inc., a
publicly traded company in the financial services business, a
position he has held since March of 2005. Mr. Kaplan has also been
a member of the Board of Directors of Homeland Security Capital
Corporation, a publicly traded company, since January 2006. From
April 1995 to the present, he has been General Counsel to the
Regional Transportation Commission of Southern Nevada. In addition
he has had a major role in the planning and financing of numerous
major public infrastructure projects in Las Vegas. Prior to
starting his law firm, he spent fifteen years in government
service: Senior Deputy D.A. with the Clark County District
Attorney's Office-Civil Division; General Counsel to the Nevada
Public Service Commission; and Staff Attorney to the U.S. Senate
Committee on Commerce, Science and Transportation. Mr. Kaplan
received his J.D. from Southwestern University School of Law and
attended Georgetown University for post-graduate legal studies; a
MBA from the University of Nevada, Las Vegas; and a B.S. from the
Smith School of Business at the University of Maryland.
Aloysius Poh has 30 years of international experience with
several multinational companies such as Caterpillar,
Ingersoll-Rand, Marley Cooling Tower Company and United Dominion
Industries. He has held several Directorship positions for the
Companies in China, Singapore, Malaysia and Australia. He was with
Ingersoll-Rand Company for 18 years and held the position of Vice
President, Asia Pacific Operations. He served for a few years as
Vice President International for Marley Pumps Company, covering all
countries outside USA and Canada. Before taking his early
retirement in late 2001 and becoming a Consultant, he was the
President, Asia Pacific operations for United Dominion
Industries.
"We at EcoPlus are excited to have EcoPlus West, LLC as our
Subsidiary in the areas outlined above. With the background and
experience of Zev Kaplan and Aloysius Poh, we are expecting rapid
expansion in the western United Sates as well as the Asian and
Australasian markets. We are confident that this joint venture will
add to the profitability of EcoPlus, Inc. in the coming months and
years," concluded Phil Hicks, President of EcoPlus, Inc.
About EcoPlus, Inc.
ECPL (www.ecoplusinc.com) has a patent-pending, commercially
proven technology that utilizes an environmentally friendly process
for turning brown grease restaurant refuse into a high quality,
solid fuel product. This product can be used as a coal substitute
to produce power, as an adjunct fuel in waste-to-energy and steam
plant operations and as a fuel for industrial process heat over a
broad range of applications. The option to capture BTUs for energy
that is normally wasted is highly attractive in the tight energy
environment of today.
More information on EcoPlus, Inc. is available on its corporate
website: www.ecoplusinc.com
Forward-Looking Disclaimer
Statements regarding financial matters in this press release
other than historical facts are "forward-looking statements" within
the meaning of section 27A of the Securities Act of 1933, Section
21E of the Securities Exchange Act of 1934, and as that term is
defined in the Private Securities Litigation Reform Act of 1995.
The company intends that such proclamations about the Company's
future expectations, including future revenues and earnings,
technology effectiveness and all other forward-looking statements
be subject to the safe harbors created thereby. EcoPlus, Inc. is a
development stage company that depends on outside resources to
maintain its continuation. Since these statements involve risks and
uncertainties and are subject to change at any time, the Company's
actual results may differ materially from expected results.
Factors that may affect forward-looking statements and the
Company's business generally include but are not limited to (i) the
risk factors and cautionary statements made in the Company's NASD
or SEC filings; and (ii) other factors that EcoPlus is currently
unable to identify or quantify, but may exist in the future.
Forward-looking statements speak only as of the date the
statement was made. EcoPlus does not undertake and specifically
declines any obligation to update any forward-looking
statements.
EcoPlus, Inc. Investor Relations Toll-free: 877-494-0064
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