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ecoTECH Energy Group
ecoTECH Energy Group, Inc. Awarded $36 Million Contract
from HosMedEx S.A. of Ecuador
ecoTECH to Provide 6 proprietary Garbage to Concrete Processing
Systems (Gar-Crete) to 6 cities in Ecuador
September 28, 2011- ecoTECH Energy Group, Inc (OTCBB: ECTH), headquartered in
Seattle, WA, is pleased to announce that it has been awarded a USD$36 million
contract for its proprietary Garbage to Concrete (Gar-Crete) processing systems
to Hospital Medical Express of Ecuador (HosMedEx S.A.). Under terms of the
contract, ecoTech will provide HosMedEx S.A. six Gar-Crete systems for use in 6
regions across Ecuador. ecoTECH will recieve USD$6 million for each system
delivered and will receive an initial deposit from HosMedEx of USD$6 million.
ecoTECH's Gar-Crete system is designed to convert trash into reusable concrete
for industrial products such as culverts, pipes and barriers and is used where
infrastructure is uneconomic or unavailable. The product of the combined systems
is pozzolanic ash for high strength, low mass cast concrete products
manufacture. The ecoPHASER MkV unit in this system is the tried and proven
ramjet burner in this application.
The Gar-Crete garbage to cement ash system can produce 4 - 40 tons per hour,
depending on residual MSW content and the energy content of the fuel mix into
the ecoPHASER sublimation reactor section. The system can be paired with large
or small cement mixing systems. Due to the action of the tumble kiln, the ash is
produced and kept below its natural fusion temperature, which will vary
according to the kiln feed mixture. Ash from the sublimation reactor is augured
to the inlet conveyor of the kiln, to become part of the ash yield. A separate
exhaust feed pipe is used to convey carbon dioxide - rich flue gas to the
casting moulds for the hardened cement.
About Hospital Medical Express (HosMedEx) S.A.
Hospital Medical Express (HosMedEx) S.A., located in Solano, Ecuador and
California are importers of instruments and appliances used in medical, surgical
and dental or veterinary sciences. The Company also exports live horses, asses,
mules and other pure-bred breeding animals.
About ecoTech Energy Group, Inc.
ecoTECH Energy Group, Inc. is a development-stage renewable energy company which
plans to manufacture biomass-fueled power stations that produce renewable and
sustainable "green" energy products. ecoTECH specializes in the development and
operations of thermal, 24/7, "firm" electricity supply from
"zero-carbon-footprint" power stations which utilize proprietary ecoTECH
technologies that have been continuously improved and refined over the past 30
years. ecoTECH intends to build five Combined Heat and Power Stations across
North America during the next five to seven years. More information about the
Company may be found at www.ecotechenergygroup.com.
Notice regarding forward-looking statements
This press release contains forward-looking statements that may be subject to
various risks and uncertainties. Such forward-looking statements are made
pursuant to the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995 and may include statements regarding our future financial
performance or results of operations, including expected revenue growth. Unless
otherwise required by law, we undertake no obligation to publicly update or
revise any forward looking statements, whether as a result of new information,
future events or otherwise after the date of this press release. Additional
information concerning risks and uncertainties that would cause actual results
to differ materially from those projected or suggested in the forward-looking
statements can be found in the reports that we have filed with the Securities
and Exchange Commission.
Contact:
ecoTech Energy Group, Inc.
Investor Relations Ph: (213) 254-2440
email: ir@ecotechenergygroup.co
