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Shells and S2-2s

U.S. Patents in Record Time
via Govt.’s New Fast Track Program

UBCI

OTCBB: ESPH

Ecosphere Technologies, Inc. (OTCBB: ESPH), a diversified water engineering and environmental services company, announces that the U.S. Patent Office has issued a formal Notice of Allowance for two of its patents to treat industrial wastewaters and potable waters.

Major energy companies fracturing wells in the natural gas industry are now successfully using the Ecosphere Ozonix technology and frac tank systems.

The inventors of Ecosphere's two new patents are company Founder and CEO Dennis McGuire and Sanjeev Jakhete, Sr. V.P. of Engineering.

CEO Dennis McGuire stated, "This is great news for Ecosphere. Having our patents approved so decisively in such a short time by the U.S. Patent Office quantifies the importance of our technology here in the U.S. for the sustainable development of our own energy reserves."

"Through our majority owned subsidiary Ecosphere Energy Services, we will continue to expand our 'Total Frac Water Management' services in the natural gas and offshore energy industries, both domestically and internationally.

Our EcosFrac, EcosBrine, and EcosStim technologies enable natural gas and oil exploration companies to eliminate scaling in their frac waters, reduce well completion costs, recycle their frac and flowback waters, and improve the reservoir performance while eliminating liquid biocides or chemicals that need to be removed from the water.

This solves a major energy industry challenge and opens up an enormous opportunity for Ecosphere worldwide."

Commerce Secretary Gary Locke and Energy Secretary Steven Chu made the original announcement for the Green Tech Fast Track program this past December.

The same month (Dec. ’09), the company filed two patent pending applications under the Govt.’s new USPTO's Green Tech Fast Track ‘approval’ program.

Ecosphere Technologies is one of the first Clean Tech companies to have patents approved under this program to aid energy exploration companies in eliminating chemicals from their fracturing and stimulation process.

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As always, do your own due diligence to invest with confidence.

the OTC Money group

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