Ecosphere Technologies, Inc. Announces Hiring of Strategic Intellectual Property Brokerage Firm ICAP Patent Brokerage to License Ecosphere's Patented Clean Water and Solar Technology Portfolios for Numerous Industries and Applications Worldwide STUART, Fla., June 18, 2014 (GLOBE NEWSWIRE) -- Ecosphere Technologies, Inc. (OTCBB:ESPH), a U.S. technology licensing and innovative manufacturing company, today announced thatthe Company has engagedICAP Patent Brokeragetomonetize its patented Ozonix®andEcosPowerCube® technology portfolios. ICAP PBwill betheCompany'sexclusive technologybroker, tasked withsuccessfully monetizing both technologies across a wide variety of industries and applicationson a global basis. Since 2008,Ecosphere'spatentedOzonix®water treatmenttechnology hasexperienced significantcommercial successfor the Company,generatingapproximately$70 million in revenuein the U.S.hydraulic fracturingmarketandtreating more than 4 billion gallons of water forapproximately 1,000 oil and natural gas wellsfor Fortune 500companiesaround the United States. Consistent with the Company's strategy of licensing its patented, commercializedtechnologies to strategicpartnersin a given industry, Ecospherebelievesthat its patentedOzonix®water treatmenttechnology will havethe greatestimpactin the hands ofwell-capitalized partnersas it expandsbeyond the energy market. In the coming weeks, anumber of licensingand manufacturingopportunities and specific fields-of-use for variousregions andcountries around the worldwill become availablethrough ICAPPB including but not limited to mining, agriculture,food and beverage, industrial, marine and municipal wastewater treatment. Ecosphere has also engagedICAPPBto monetizeits innovativeand recently patented EcosPowerCube® technology, whichis the world's largest mobile solar powered generator. The Company has worked for seven years toreceive theEcosPowerCube®patent and believes there arenumerouscommercial applications for thetechnologyincludingbut not limited tomilitary, humanitarian relief, emergency/disaster preparedness, remote habitation, industrial utilities, off-grid telecommunications, solar powered wireless Internet, survivalists &preppers, construction, agriculture & ranching, temporary entertainment events & venues, equipment rental & leasing as well as remote off-grid facilities and research stations. TheCompanyhascompleted manufacturing ofthe first Ecos PowerCube® andis readyto begin demonstrations. "We are pleased topartner withICAP Patent Brokeragetolicense and monetize ourpatented Ozonix®andEcosPowerCube® technologyportfolios."saidDennis McGuire, Chairman and CEO of Ecosphere Technologies."Weare looking forward to leveragingICAP Patent Brokerage'sextensive experienceinworking withhigh-growthcompaniesand itsindustry leadingintellectual property transaction advisory servicesin our effort tomaximizeshareholder value." Dean Becker, CEO of ICAP Patent Brokerage and Director of Ecosphere,stated,"We areexcitedtobe workingwith Ecosphere Technologies. Intellectual property isa unique asset requiring significant business, technical, marketing, and legal expertisein order to successfullycomplete transactions. Our veteran brokers have more than 35 years of experience in monetizing and leveraging intellectual property assets, drawing on anextensive knowledge of the marketplace across multiplesectors throughout the United States, Asia, and Europe." Mr. Becker also stated, "ICAPPBbrings liquidity to theIPmarketplace and has becomethe intellectual property brokerage of choice for IP assets in both the primary and secondary markets.Withthe growing pressure on global water resources and the need for clean, renewable energy, we believethatEcosphere's patented technology portfolios, which were recently valuedby a third partyNYSE listed valuation firmfor over$500million,will continue to expand and are delighted to be engaged inimmediate andfuture transactions going forward." For more information about licensing opportunities, please visit http://www.ecospheretech.com/environmental-engineering-technologies/licensing-opportunities About Ecosphere Technologies Ecosphere Technologies, Inc. (OTCBB:ESPH) is a U.S. technology licensing and innovative manufacturing company that develops environmental solutions for global markets.We help industry increase production, reduce costs, and protect the environment through a portfolio of unique, patented clean water and energy technologies: Technologies like Ozonix®and our Ecos PowerCube®, which are licensable across a wide range of industries andapplications throughout the world. For more information, please visit http://www.ecospheretech.com About ICAP Patent Brokerage ICAP Patent Brokerage is the world's largest intellectual property brokerage and patent auction firm, leveraging the talents of experienced patent brokers to match buyers and sellers for the sale of patents and other intellectual property assets. With multiple transaction platforms and unparalleled industry knowledge, including experience with trademarks, brands, intellectual property licensing, and UCC sales, ICAP Patent Brokerage is the global leader in the transaction of intellectual property. For more information, please visit http://icappatentbrokerage.com/ To receive timely information on Ecosphere Technologies, sign up for Ecosphere's email news alert system at http://www.ESPH-IR.com. CONTACT: Investor Relations: Shawn Severson The Blueshirt Group Phone: (415) 489-2198 E-mail: firstname.lastname@example.org Press and Media Relations: Alex Wellins The Blueshirt Group Phone: (415) 217-5861 E-mail: email@example.com Company: Corey McGuire Director of Marketing Ecosphere Technologies, Inc. Phone: (772) 287-4846 E-mail: firstname.lastname@example.org
Ecosphere Technologies, Inc. Announces Hiring of Strategic Intellectual Property Brokerage Firm
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