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Thursday, September 30, 2010

China Water Stocks Duoyuan Global Water Inc.(NYSE: DGW) Announces Engagement of Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates for Preemptive Third-Party Review

China Water Stocks Duoyuan Global Water Inc.(NYSE: DGW) Announces Engagement of Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates for Preemptive Third-Party Review

BEIJING, (http://www.investorideas.com/ water stocks blog )  -- Duoyuan Global Water Inc. (NYSE: DGW) ("Duoyuan" or the "Company"), a leading China-based domestic water treatment equipment supplier, today announced that the Audit Committee of its Board of Directors has engaged Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates ("Skadden") to conduct the preemptive third-party review authorized on September 14, 2010.

The engagement of Skadden's global team of U.S. and China-based counsel is effective immediately. The team will advise and assist the Audit Committee as part of a review of the accounting, internal controls and corporate governance of the Company, as may be necessary, to confirm that the Company's standards are in accordance with the standards expected of an NYSE-listed company. While there are presently no known accounting or corporate governance issues to be reviewed and the Company consistently has received unqualified audit opinions on its financial statements from Grant Thornton, an international accounting firm, for four successive years, the Company's Board of Directors previously determined that the appointment of an independent third party is appropriate to ensure the highest level of transparency and accountability.

The Company's most recent Annual Report on Form 20-F for fiscal year 2009 has been filed with the U.S. Securities and Exchange Commission ("SEC"). The report is available on the Company's corporate website at http://www.duoyuan-hq.com and on the SEC's website at www.sec.gov. Requests for hard copies of the Company's audited consolidated financial statements (free of charge) may be made by contacting the Company's investor relations department at (646) 277-1227 in the U.S. and at 86-10-6599-7968 in China.

About Duoyuan Global Water Inc.
Duoyuan Global Water Inc. is a leading China-based domestic water treatment equipment supplier. Duoyuan's product offerings address key steps in the water treatment process, such as filtration, water softening, water-sediment separation, aeration, disinfection and reverse osmosis. Duoyuan offers a comprehensive set of complementary products across three product categories: water conservation, including circulating water treatment; water purification; and water reuse treatment, including wastewater treatment. The Company has an extensive local distribution network, which provides proximity to end-user customers and responsiveness to local market demand. Learn more at http://www.duoyuan-hq.com .

Cautionary Note Regarding Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including certain plans, expectations, goals, and projections, which are subject to numerous assumptions, risks, and uncertainties. These forward-looking statements may include, but are not limited to, statements containing words such as "may," "could," "would," "plan," "anticipate," "believe," "estimate," "predict," "potential," "expects," "intends" and "future" or similar expressions. These forward-looking statements speak only as of the date of this press release and are subject to change at any time. These forward- looking statements are based upon management's current expectations and are subject to a number of risks, uncertainties and contingencies, many of which are beyond the Company's control that may cause actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. The Company's actual results could differ materially from those contained in the forward-looking statements due to a number of factors, including those described under the heading "Risk Factors" in the Company's final prospectus, dated January 27, 2010, filed with the Securities and Exchange Commission, and in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For more information, please contact:
ICR, LLC
In the U.S.:
Ashley M. Ammon
Phone: +1-646-277-1227

SOURCE Duoyuan Global Water Inc.



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Water Stocks News; H2O Innovation (tsx venture:HEO)(alternext:MNEMO), Awarded CAN$4.3 Million in Contracts for Industrial and Municipal Water Treatment Systems

Water Stocks News; H2O Innovation (tsx venture:HEO)(alternext:MNEMO), Awarded CAN$4.3 Million in Contracts for Industrial and Municipal Water Treatment Systems


All amounts in Canadian dollars unless otherwise stated
QUEBEC CITY, QUEBEC, (http://www.investorideas.com/ water stock blog)  H2O Innovation Inc. ("H2O Innovation" or the "Company) (tsx venture:HEO)(alternext:MNEMO), a complete water treatment solutions company providing custom designed systems along with specialty chemicals for membrane filtration systems, announces today that it has been awarded several new contracts totaling $4.3 million. These contracts will see H2O Innovation provide custom-built water treatment systems and equipment for municipal and industrial end-users, in the United States and Canada and, marginally, in Russia. These contracts bring H2O Innovation's sales backlog to $14.3 million. The Company's sales backlog is comprised entirely of systems and equipment sales and does not include sales of services and consumable products, nor does it include the backlog of the Company's Indian joint venture H2O Innovation India.
"We are pleased to have been awarded these contracts. Their signing is a result of both a higher level of bidding activity that we have been experiencing since the second half of fiscal 2010 along with capital equipment investments picking up in the industrial segment of the water treatment industry", stated Frederic Dugre, President and CEO of H2O Innovation.

As part of the contracts announced today, H2O Innovation will design, build and deliver reverse osmosis and ultrafiltration systems for the production of drinking water and for water reclamation for municipal customers located in California, Colorado, and Quebec. One of the contracts announced today will see H2O Innovation design and manufacture a 6.7 MGD low-pressure reverse osmosis system composed of two 3.35 MGD trains to treat ground water for potable use for the East Cherry Creek Valley Water & Sanitation District's Northern Water Supply Project in Colorado.


For other contracts, H2O Innovation will provide reverse osmosis systems and filtration equipment for the production of process water for U.S. and Canadian industrial customers, mostly in the energy and power generation industry. H2O Innovation has also been contracted to design, fabricate, assemble and deliver an industrial water reuse system using its patented Bio-Brane membrane bio-reactor (MBR) system to a textile plant in Russia, the Company's first recent contract in the fast growing Russian market.

Prospective disclosures
Certain statements set forth in this press release regarding the operations and the activities of H2O Innovation as well as other communications by the Company to the public that describe more generally management objectives, projections, estimates, expectations or forecasts may constitute forward-looking statements within the meaning of securities legislation. Forward-looking statements concern analysis and other information based on forecast future results and the estimate of amounts that cannot yet be yet determined. Forward-looking statements include the use of the words "expect", "believe", "estimate" and other similar terms as well as those usually used in the future and the conditional, notably regarding certain assumptions as to the success of a venture. Those forward-looking statements involve a number of risks and uncertainties which may result in actual and future results of the Company to be materially different than those indicated. Information about the risk factors to which the Company is exposed is provided in the Annual Information Form dated September 21, 2010 available on SEDAR (www.sedar.com). Unless required to do so pursuant to applicable securities legislation, H2O Innovation assumes no obligation to update or revise forward-looking statements contained in this press release or in other communications as a result of new information, future events and other changes.
About H2O Innovation
Building on 10 years of experience, H2O Innovation designs, manufactures, and integrates state-of-the-art custom-built water treatment systems for the production of drinking water, the reclamation of water, the treatment of wastewater and industrial process water in the municipal, commercial, industrial, oil & gas, mining, and energy markets. Additionally, the Company offers complete operating and maintenance solutions for membrane filtration and reverse osmosis systems. H2O Innovation has approximately 90 employees and eight offices including three manufacturing plants in Canada and the United States and is a founding partner of H2O Innovation India, a joint venture based in Mumbai, India. Shares of H2O Innovation are listed on the TSX Venture Exchange (HEO) as well as on the NYSE Euronext Alternext Exchange (mnemo:ALHEO). For more, visit http://www.h2oinnovation.com/.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the Alternext Exchange accepts responsibility for the adequacy or accuracy of this release.
Contacts:
H2O Innovation Inc.
Guillaume Ducharme
1-418-928-0234
guillaume.ducharme@h2oinnovation.com
www.h2oinnovation.com


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TSX Water Stocks News; Arrowhead Water (TSX VENTURE:AWA)Announces Share Consolidation

TSX Water Stocks News; Arrowhead Water (TSX VENTURE:AWA) Announces Share Consolidation
CALGARY, ALBERTA--(http://www.investorideas.com/ water stocks blog ) - Sept. 30, 2010) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO US PERSONS.

Arrowhead Water Products Ltd. ("Arrowhead" or the "Company") (TSX VENTURE:AWA) is pleased to announce that effective October 1, 2010 the Company shall consolidate its Class A Common Shares on a one (1) new Class A Common Share for five (5) old Class A Common Shares (1:5) basis (the "Consolidation"). The Consolidation was approved by shareholders at the annual and special meeting of the Company which was held on August 25, 2010 as well as by the TSX Venture Exchange ("TSXV"). The Board of Directors believes that the Consolidation should enhance the marketability of the shares of the Company.
Registered shareholders of the Company will be requested to deliver their share certificates representing the pre-Consolidation Class A Common Shares to the Company's transfer agent against delivery of new certificates representing the post-Consolidation Class A Common Shares. A letter of transmittal for the exchange of the shares will be sent to the shareholders concurrent with the issuance of this news release or shortly thereafter. No action is required by non-registered shareholders, who hold securities of the Company through an intermediary, to effect the Consolidation of their beneficially held securities.
As a result of the Consolidation, the Company's issued and outstanding common shares shall decrease from 72,461,146 Class A Common Shares (pre-consolidation) to approximately 14,492,229 Class A Common Shares (post-consolidation), subject to rounding. The post-Consolidation Class A Common Shares will commence trading on the TSXV under the new trading symbol "AWA" on October 1, 2010. Further details with respect to the Consolidation are disclosed in the Company's Management Information Circular dated July 29, 2010, which has been electronically filed with regulators and available for viewing through the Internet on the Canadian System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.
About Arrowhead Water
Arrowhead Water is Canada's largest Canadian owned, publicly traded water company which is engaged in the production, sale and distribution of large format bottled drinking water (including the new one-way bisphenol free 15 litre bottle and traditional 18.9 litre (5 gallon) bottle). Arrowhead produces and delivers bottles of reverse osmosis, distilled and natural spring water to the Western Canadian retail and wholesale market. Arrowhead remains committed to continually improve its level of service to its customers and to provide positive returns to its shareholders.

Pre-Consolidation Issued and Outstanding Shares: 72,461,146
Post-Consolidation Issued and Outstanding Shares: 14,492,229

READER ADVISORY
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact
Arrowhead Water Products Ltd.
Donald W. Wood
President and Chief Executive Officer
(403) 692-8259
(403) 243-1485 (FAX)
dwood@arrowheadwater.ca

or
Arrowhead Water Products Ltd.
5730 Burbank Road SE
Calgary, Alberta T2H 1Z4

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Water Stocks; BioteQ (TSX:BQE) Receives $3.6 Million Payment

Water Stocks; BioteQ  (TSX:BQE) Receives $3.6 Million Payment

VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ water stocks blog)  - Sept. 30, 2010) - BioteQ Environmental Technologies Inc. (TSX:BQE), a leader in the treatment of industrial waste water, announced today that the company has received $3.6 million in cash from NWM Mining, as full re-payment of the loan that BioteQ extended to NWM Mining in 2008. The repayment includes all outstanding principal and interest on the loan.



Brad Marchant, BioteQ's Chief Executive Officer, stated, "We are pleased to receive early repayment of the loan. The management team and financial partners of NWM have made significant advancements in the last year and have created a more robust project to the benefit of all involved."



The loan was extended to NWM Mining as part of BioteQ's involvement in the development of the Lluvia de Oro - Jojoba gold mine project located in Sonora, Mexico. In addition to the loan financing, BioteQ designed, built and commissioned a SART plant in 2008 to demonstrate the technology for application at the Lluvia-Jojoba project, and subsequently sold the plant to NWM under a sales-lease arrangement in June 2009, as previously announced. Monthly lease payments of $150,000 for the SART plant are to commence October 1, 2010.



The SART plant is designed to treat up to 340 cubic meters per hour of copper-contaminated cyanide solution. The plant operated successfully in 2008, meeting all specifications for emissions and safety while regenerating cyanide solution for re-use in the gold operation, reducing copper in the gold leach solution from 300 mg/L to below 50 mg/L in the discharge from the plant, and recovering dissolved copper as a high-grade copper sulphide concentrate. Over 40,000 pounds of concentrate was recovered containing 63 percent copper, which was sold to Trafigura. By removing the interference of the copper from the gold heap leach process, BioteQ's SART plant can improve gold yields, significantly reduce operating costs, and enhance the environmental performance of the gold mining operation.



BioteQ Corporate Profile



BioteQ applies innovative technologies and operating expertise to solve challenging water treatment problems, reducing environmental liabilities while delivering lower life cycle costs for water treatment. The Company's commercially proven technologies treat industrial wastewater contaminated with dissolved heavy metals and sulphate, producing saleable by-products and clean water that can be discharged safely to the environment. BioteQ has built 10 plants at sites in Canada, the US, China, Australia and Mexico, with additional projects in design and construction.



BioteQ's sustainable water treatment solutions have been recognized with the CIM/Syncrude Award for Excellence in Sustainable Development, the Canada Export Achievement Award, the Jantzi/Maclean's Most Socially Responsible Corporations in Canada, the Globe Award for Environmental Excellence, the PDAC Award for Environmental and Social Responsibility, the China Mining Environmental Protection Award, and the Mines & Money Sustainable Development Award. BioteQ is headquartered in Vancouver, Canada, and trades on the TSX under the symbol BQE. For additional information, please go to www.bioteq.ca.



On behalf of the Board of Directors



Brad Marchant



CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Except for statements of historical fact relating to the Company, certain information contained herein constitutes "forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate" and other similar words, or statements that certain events or conditions "might" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the development, construction and operation of water treatment plants, variations in water quality, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors described in the section entitled "Risks" in the Company's Annual Report for the Year Ended December 31, 2009. Circumstances or management's estimates or opinions could change. The reader is cautioned not to place undue reliance on forward-looking statements.







The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.





For more information, please contact



BioteQ Environmental Technologies Inc.
Tanja McQueen
Corporate Development
604-685-1243 or 1-800-537-3073
604-685-7778 (FAX)
investor@bioteq.ca
www.bioteq.ca

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Water Stocks ;Clearford (TSX-V: CLI) signs two agreements to supply waste-water systems in Colombia

Water Stocks ;Clearford  (TSX-V: CLI) signs two agreements to supply waste-water systems in Colombia


OTTAWA, ( http://www.investorideas.com/ water stocks blog )  Clearford Industries Inc. ("Clearford" or the "Company", TSX-V: CLI) today announced agreements with two municipal governments representing towns near Cali, Colombia to design and supply the Clearford waste-water collection and treatment system. This agreement is for the residential areas of San Pedro and Cerrito, Valle de Cauca, which have a total population of more than 25,000 people and currently have no functioning waste-water collection system. Funding for these systems has been committed to the communities from the Government of Columbia on an annual basis and the systems are eligible for funding from international development agencies. Capital funding has yet to be finalized.



Under the agreement announced today, Clearford has been given the right to supply the Clearford Small Bore Sewer(TM) (SBS(TM)) system with end treatment, provided that final construction contracts are negotiated on or before December 21st, 2010. Clearford has committed to provide the Project Authorities with SBS(TM) and treatment designs that meet the following criteria:





- Capital and operating cost being 10% less than for the purchase,

installation, operation and maintenance of the traditional gravity

sewer and central treatment system

- Water exiting the system is superior to the current government

discharge standards

- Bio-solids in the wastewater are digested to create green fuel.
In the event that these conditions are not met by the designs supplied by Clearford, or capital funding is not committed within 90 days, the obligations of both Clearford and the communities are ended unless extended by mutual agreement.
Clearford believes that the two agreements signed in Colombia are well suited to the Clearford technology and well aligned with the Colombian Programa de Saneamiento Basico and Recursos de Agua Potable y Saneamiento Basico as prescribed in Law 715 - 2001 funding programs and the programs of international agencies active in the region.

Clearford expects both technical and funding conditions to be met and the projects to proceed. However, this cannot be assured nor can it be assured that the projects will be profitable for Clearford if and when they proceed.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
About Clearford Industries Inc.
Clearford Industries Inc. (TSX-V: CLI) is the developer of the patented Small Bore Sewer(TM) (SBS(TM)), a watertight small diameter wastewater collection system that provides servicing with superior operational and environmental performance at a significantly lower cost when compared to historic gravity sewers. Clearford's SBS(TM) technology and industry expertise provide the enabling platform to deliver, on a global basis, turnkey, fixed-price wastewater collection, treatment and energy generation solutions that are ideally suited for water-scarce regions, those with unreliable water distribution networks, and new developments seeking a greener approach to water and wastewater management. For more information on Clearford, please visit www.clearford.com.
Forward Looking Statements
This news release contains certain statements that constitute forward-looking statements as they relate to the Company and its management. Forward-looking statements are not historical facts but represent management's current expectation of future events, and can be identified by words such as "believe", "expects", "will", "intends", "plans", "projects", "anticipates", "estimates", "continues" and similar expressions. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that they will prove to be correct.

By their nature, forward-looking statements include assumptions and are subject to inherent risks and uncertainties that could cause actual future results, conditions, actions or events to differ materially from those in the forward-looking statements. If and when forward-looking statements are set out in this news release, Clearford will also set out the material risk factors or assumptions used to develop the forward-looking statements. Except as expressly required by applicable securities law, the Company assumes no obligation to update or revise any forward looking statements. The future outcomes that relate to forward-looking statements may be influenced by many factors, including, but not limited to: industry cyclicality; the ability to secure third party agreements; successful integration of Clearford's system with third party technology; competition; reduction in demand for products; collection from customers; relationships with suppliers; product liability; intellectual property; reliance on key personnel; environmental; interest rates; uninsured and underinsured losses; operating hazards; risks of future legal proceedings; income tax matters; credit facilities; availability and terms of financing; distribution of securities; restrictions on potential growth; effect of market interest rates on price of securities; and potential dilution.

For further information: Bruce Linton, President and CEO, Clearford Industries Inc., Phone: (613) 599-6474 ext. 301, www.clearford.com; Martin Tremblay, Investor Relations, (514) 476-7773

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Water Stocks; American Water Resources (NYSE:AWK) Expands Water Line Protection Programs in Five States

Water Stocks; American Water Resources (NYSE:AWK) Expands Water Line Protection Programs in Five States


Programs to Be Offered in Communities in Arizona, Kentucky, Maryland, New York, West Virginia

VOORHEES, N.J.--( www.investorideas.com water stocks newswire, www.water-stocks.com) --American Water Works Company, Inc. (NYSE:AWK), the largest investor-owned U.S. water and wastewater utility company, announced today the expansion of the Water Line Protection Program to homeowners in additional communities in Arizona, Kentucky, Maryland, New York and West Virginia.



“Many homeowners are unaware of their potential liabilities relating to repairs of the water line they own on their property”



Offered through American Water Resources, Inc., a subsidiary of American Water, the Water Line Protection Program provides homeowners with comprehensive protection for water line repairs that are not covered by homeowners’ insurance or their water service provider.



“Many homeowners are unaware of their potential liabilities relating to repairs of the water line they own on their property,” said Sharon Cameron, president of American Water Resources. “We are pleased to offer this program in additional communities to help protect homeowners from the high cost of those repairs.”



The Water Line Protection Program provides homeowners with coverage for water line emergencies, including the dispatching of a qualified local contractor for repairs, basic site restoration and 24-7 customer service. Protection starts at $5 per month and covers up to $5,000 in repairs.



Residents in the communities where this service will now be offered will receive information by mail on or around October 4, 2010.



American Water Resources provides a broad spectrum of service line protection programs to residential customers in American Water’s service areas in 16 states. The programs cover leaks and breaks in the customer owned water lines, as well as clogs or blockages in customer owned sewage lines. The In-Home Plumbing Emergency Program covers sudden in-home related emergencies such as a clogged sink, an overflowing toilet, a leaking hot water heater valve or a leaking washing machine valve. The company has been providing residential protection programs for nearly ten years, and has an A-plus rating from the Better Business Bureau.



American Water Resources also extends its service line protection programs to municipalities through municipal partnerships in the LineSaver® program. LineSaver is a solution for service line repairs that are neither the responsibility of a municipality’s water department, nor covered by homeowners’ insurance. At no cost to the municipality, the experts at American Water Resources will fully manage LineSaver, and will take care of all requirements for developing and implementing the program – from establishing a local contractor network and providing customer service, to educating the community about service line ownership and responsibility. LineSaver enables municipalities to participate in making a valuable service available in their communities without investment or staffing increases.

Founded in 1886, American Water is the largest investor-owned U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs more than 7, 000 dedicated professionals who provide drinking water, wastewater and other related services to approximately 16 million people in 35 states and Ontario and Manitoba, Canada. More information can be found at http://www.amwater.com/.


Published at www.investorideas.com  water stocks newswire and www.water-stocks.com
- leaders in cleantech investor research .

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Tuesday, September 28, 2010

Water Stocks; Global Ecology Corporation Announces the First U.S. Demonstration of Its Mobile Water Purification System

Water Stocks; Global Ecology Corporation Announces the First U.S. Demonstration of Its Mobile Water Purification System


MONTCLAIR, NJ--(http://www.investorideas.com/ water stocks blog )  - September 28, 2010) - Global Ecology Corporation (PINKSHEETS: GLEC) (OTCQB: GLEC) announced today the first demonstration of its new Mobile Water Purification System in the United States.

The event will take place October 9th at the Living Waters Ministries in Wall, New Jersey. Representatives from the United Nations, state and local government officials and representatives of the news media have been invited to attend. Also present will be members of Rotary International, an international charitable organization that provides billions of dollars in aid and disaster relief worldwide.


Global Ecology CEO Peter Ubaldi said, "We have completed construction of our newly-designed mobile system and we will demonstrate its ability to convert contaminated water to pure clean drinking water.



"The upgraded technology in this new system not only allows for the immediate consumption of the water, but also treats the water with the company's patented IMS 1000™ solution so that water can be safely transported and stored even in tropical conditions. This is an important feature for developing countries with limited water transportation and storage infrastructure.



"Additionally, we are in negotiations with several distributors who have expressed a serious interest in marketing the system both domestically and internationally," Ubaldi said.



The demonstration will be recorded by a professional film crew and will be added to the Global Ecology company website.



About Global Ecology Corporation

Through its extensive network, Global Ecology Corporation (GEC) has obtained licensing rights to several EPA-approved technologies in the water treatment and soil remediation fields. These proprietary technologies help reduce algae, bottom sludge and harmful bacteria and are able to provide "green" and if needed, transportable methods to recover the usability of water, soil and land. For more information, please visit www.geco.us



Investors may contact President & CEO Peter Ubaldi at 973-655-9001 or Frank Hawkins, 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.hawkassociates.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. 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.

Peter Ubaldi

President & CEO

973-655-9001



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