STUART, Fla., Feb. 1, 2012 (GLOBE NEWSWIRE) -- Ecosphere Technologies, Inc. (OTCBB:ESPH) (the "Company") announced today that it has retained ICR as its investor and public relations firm.
Founded in 1998, ICR is a leading financial communications consulting firm that provides counsel from industry-focused senior professionals. ICR sets a new standard for financial communications with a business model driven by deep capital markets expertise provided by a team of former Wall Street and corporate professionals, including senior sell-side analysts, portfolio managers and investment bankers. ICR was recently ranked by O'Dwyer's annual survey as the number one independent financial communications firm in North America. The firm represents approximately 300 corporate clients, including some of the most recognized names in the clean technology sector.
Charles Vinick, Chairman and Chief Executive Officer of Ecosphere Technologies, commented, "We are pleased to have ICR join our team to help us share our story with a broader audience. Investors are looking for ways to profit from the revolution in shale gas production and Ecosphere is well-positioned to capitalize on the trend. With our accelerating growth and bright prospects in chemical-free water treatment, the time is right to work with a firm of ICR's caliber."
ICR Senior Vice President Gary Dvorchak, CFA, added, "ICR is excited about working with Ecosphere Technologies. The Company has unmatched intellectual property and is a leader in treating the high volumes of water used during hydraulic fracturing operations. Ecosphere's patented Ozonix water treatment technology is emphatically unique because it uses a proprietary combination of advanced oxidation processes rather than chemicals to recycle industrial wastewater."
About Ecosphere Technologies
Ecosphere Technologies, Inc. (OTCBB:ESPH) is a diversified water engineering, technology licensing and environmental services company that designs, develops and manufactures wastewater treatment solutions for industrial markets. The Company provides environmental services and technologies for use in large-scale and sustainable applications across industries, nations and ecosystems. Ecosphere is driving clean water innovation with its patented Ozonix advanced oxidation technologies and its mobile, low maintenance water treatment systems. Ecosphere's patented Ozonix technology is a high volume, advanced oxidation process designed to recycle water while reducing liquid chemicals used during water treatment applications. For more information, please visit www.EcosphereTech.com
About ICR
ICR is a leading financial communications consulting firm specializing in investor relations and corporate communications. Established in 1998, ICR represents more than 300 companies and has significant industry expertise and relationships in the clean technology sector. ICR maintains offices in Norwalk, CT, New York, Los Angeles, San Francisco, Boston and Beijing and is one of the industry's fastest growing consultancies. For more information, visit the firm's website at http://www.icrinc.com.
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