CHICAGO, ILLINOIS — (Marketwire) — 08/08/11 — EcoloCap Solutions Inc. (OTCBB: ECOS)
Michael Siegel, CEO of EcoloCap Solutions Inc., today announced that the M-Fuel tests being conducted by Empresas Energy Partners of Chile on a 4,000 Hp diesel 1.8 Megawatt MTU GenSet without any modification, have produced better than expected results. The M-Fuel is being produced by an EcoloCap NPU-10, which yields 10 metric tons of M-Fuel per 24-hour period.
The nanotechnology-based M-Fuel, an emulsion of diesel fuel, water and a proprietary additive, was developed by EcoloCap–s Korean team over the last few years. The Company is now marketing the technology worldwide, with orders and Memorandums of Understanding with governments, transportation and utility companies from over ten countries, all waiting for these tests.
Siegel stated: “M-Fuel burns cooler than standard diesel, so the engine does not overheat during heavy loads, as it does while running on pure diesel,” commented Mr. Siegel. This added benefit effectively gives the operator increased generation capacity with a reduction in operating costs.”
“With a mixture of 70% diesel, 28% water and 2% additive, the M-Fuel burn rate is almost identical to that of diesel, while running cooler, and emitting less than 2% particulate matter, 64% less NOx, and at least 20% reduction in CO2 per liter/Megawatt. Preliminary indications are that this results in a saving of approximately 30% in the production of electricity as compared with using 100% diesel,” he added.
With similar diesel-powered engines running trains and ships, these test results will open numerous markets for EcoloCap. After compilation of all the data, results will be posted on the EcoloCap web site. Full release of the results is expected in a few weeks.
About The Company:
EcoloCap Solutions Inc. (OTCBB: ECOS) and its subsidiaries Micro Bubble Technologies Inc. (“MBT”) and K-MBT Inc. of Korea are an integrated group of environmentally focused technology companies that utilize nanotechnology to develop alternative energy products. Their portfolio of products and services include Li-Nano Battery, a rechargeable battery that surpasses the performance capabilities of any existing battery, MBT–s M-Fuel, a suspension fuel for non-gasoline applications that exceeds all conventional fuel–s efficiency and a unique single step process for the production of Bio-Diesel. For additional information, please visit the EcoloCap website, .
Forward looking statement:
This press release may contain statements of a forward-looking nature regarding future events. These statements are only predictions, and actual events may differ materially. Please refer to documents that EcoloCap Solutions Inc. files from time to time with the Securities and Exchange Commission for a discussion of certain factors that could cause actual results to differ materials from those contained in the forward-looking statements.
Contacts:
Investor Relations:
Capital Situation Inc.
Nada Guirguis
514-402-2538
EcoloCap Solutions Inc.
866-479-7041