Global Ecology Corp. Announces Sale of Mobile Water Treatment System Units
Posted on: Monday, 18 August 2008, 12:00 CDT
Global Ecology Corporation (Pink Sheets:HSYN) (GEC, www.geco.us) today announced that it sold 10 Mobile Water Treatment System units to a private charitable organization that funds humanitarian projects worldwide. These units will be tested in the U.S. for use as part of a response system to environmental catastrophes.
Peter Ubaldi, president of GEC, said, "Part of our strategy has been to target charitable and non-profit corporations so that we may collaborate in projects that use our products but where funding might be an issue. This purchase order marks the initial result of our efforts."
A spokesperson for the non-profit corporation said, "We are excited to complete this purchase order, as it is the result of months of work in which we built an understanding of how we can best work together. We see this as the tip of the iceberg and intend to expand our relationship with the company into a number of other humanitarian business ventures that can use products and services that GEC can provide."
GEC Chairman, Joseph Battiato said, "This sale marks the first units we will be delivering for commercial application to a private entity. While this non-profit corporation is focused on humanitarian needs, we are certain this begins the fulfillment of our vision to deliver several Mobile Water Units next year, resulting in significant earnings potential for the company. We are certain this is the beginning of what will be a long and mutually beneficial relationship between charitable corporations and our company."
About Global Ecology Corporation
Through their extensive network, Global Ecology Corporation (GEC) has obtained exclusive rights to several EPA-approved technologies in the water treatment and soil remediation fields. This proprietary technology helps reduce algae, bottom sludge and harmful bacteria and is able to provide "green" and transportable methods to recover the usability of water, soil and land. Global Ecology also has initiatives in the GPS and fleet tracking industries. For more information, please visit http://www.geco.us.
An investment profile on Global Ecology may be found at http://www.hawkassociates.com/profile/hsyn.cfm.
Investors may contact President Peter Ubaldi at 732-738-8031 Frank Hawkins at Hawk Associates, at 305-451-1888, e-mail: global.ecology@hawkassociates.com. To receive future releases in e-mail alerts, sign up at http://www.hawkssociates.com/about/alert.
This news release includes forward-looking statements regarding, among other things, the company's business and financial plans, strategies and prospects. Although the company believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, it cannot provide assurance that it will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as: believe, expect, anticipate, should, planned, will, may, intend, estimated, and potential, among others. Important factors that could cause actual results to differ materially from the forward-looking statements made in this news release include market conditions and those set forth in any reports or documents that the company may publicly file from time to time. All forward-looking statements attributable to the company or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.
Source: Business Wire
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