IHS CERAWeek Selects Ecosphere as a 2013 Energy Innovation Pioneer

Ecosphere logo
IHS CERAWeek Energy Innovation Pioneers 2013 Logo
Ecosphere logo

STUART, Fla., Feb. 27, 2013 (GLOBE NEWSWIRE) -- Ecosphere Technologies, Inc. (OTCBB:ESPH), a water engineering, technology licensing and innovative U.S. manufacturing company, today announced that it has been selected to IHS CERAWeek's 2013 class of Energy Innovation Pioneers. This year's class of Energy Innovation Pioneers was chosen based on their potential to transform the energy future.

The Energy Innovation Pioneers program, held annually in conjunction with IHS CERAWeek, aims to identify the most innovative and distinctive new technologies in the energy spectrum. Criteria include creativity, feasibility of plan, scalability of technology and leadership team.

As part of this recognition, Ecosphere Energy Services CEO Robbie Cathey has been invited to participate in the IHS CERAWeek 2013 executive conference at the Hilton Americas in Houston, March 4-8. Mr. Cathey will be participating in the Energy Insight Breakfast session on Wednesday, March 6, from 7:30-8:45 a.m. and presenting in the Innovation Pioneer Showcase on Thursday, March 7, at 12:30 p.m.

IHS CERAWeek, now in its 32nd year and considered to be the "Davos" of the energy world, is recognized as the world's leading forum offering insight into the energy future. Chaired by Pulitzer Prize-winning author, Daniel Yergin, IHS CERAWeek 2013 Drivers of Change: Geopolitics, Markets and the New Map of Energy, will convene an international group of over 2,000 industry, policy and financial leaders—along with leading researchers from IHS—to explore the implications for strategies and investment in an era of persistent change. For more information, visit www.ceraweek.com.

"We are extremely honored to be recognized as an Energy Innovation Pioneer by an organization as prestigious as IHS," said John Brewster, CEO of Ecosphere Technologies. "Ecosphere's patented Ozonix® water treatment technology has and will continue to have a positive impact on the environment while helping energy exploration companies to reduce costs, increase treatment efficiencies and eliminate liquid chemicals from wastewater treatment operations."

About Ecosphere Technologies

Ecosphere Technologies, Inc. (OTCBB:ESPH) is a water engineering, technology licensing and innovative manufacturing company that develops non-chemical 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 ("U.S.") patents for the Ecosphere Ozonix process. The patented Ecosphere Ozonix process is a revolutionary advanced oxidation process that is currently being used by energy exploration companies to reduce costs, increase treatment efficiencies and eliminate liquid chemicals from wastewater treatment operations around the United States.

A recipient of Frost & Sullivan's 2012 North American Product Leadership Award in Disinfection Equipment for Shale Oil and Gas Wastewater Treatment, Ecosphere has enabled oil and gas customers to recycle and reuse over two billion gallons of water on more than 600 oil and natural gas wells in major shale plays around the United States since 2008.

For more information, please visit www.EcosphereTech.com.

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The Ecosphere Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=12214

The IHS CERAWeek Energy Innovation Pioneers 2013 logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=17357

CONTACT: Investor Relations: Gary Dvorchak, CFA Senior Vice President ICR, LLC +1 (310) 954-1123 gary.dvorchak@icrinc.com Press and Media Relations: Brian Ruby Vice President ICR, LLC +1 (203) 682-8268 brian.ruby@icrinc.com Company: Corey McGuire Director of Marketing Ecosphere Technologies, Inc. +1 (772) 287-4846 cmcguire@ecospheretech.com

Source:Ecosphere Technologies, Inc.