Over the last two years, we have researched markets worldwide, signed distribution agreements and built the base of our operation. The access to the public market through our agreement with EcoloCap (ECOS) will allow us to speed up our growth and return to our shareholders the returns expected.
Montreal, Quebec (PRWEB) September 14, 2009
Through a 50% ownership of Micro Bubble Technology Korea, MBT develops products and processes based on its Research & Development in the field of Nanotechnology ("MBT's business").
Michael Siegel, President and CEO of Micro Bubble and EcoloCap stated: "Over the last two years, we have researched markets worldwide, signed distribution agreements and built the base of our operation. The access to the public market through our agreement with EcoloCap (ECOS) will allow us to speed up our growth and return to our shareholders the returns expected."
MBT is prepared to launch its CNT Battery and continuing to market its EM-Fuel technology through direct sales and distribution agreements, some already signed, others in the final stages of completion in industries ranging from maritime to telecommunications.
Carbon Nano Tube Batteries ("CNT Batteries") mark a step forward in the energy storage market in the near-term by offering superior performance compared to existing lead-acid and lithium-ion batteries. Several industries, including the telecommunications industry, have been receptive with either substantial orders or demonstrations of interest.
In independent laboratory testing, CNT Batteries have proven, for the same price as a traditional lead-acid battery, to deliver up to 8 times the reserve capacity of a lead-acid battery and 2.5 times that of a lithium-ion battery, while taking only ten minutes to recharge, as compared to five to 12 hours for standard batteries.
MBT has also developed a nanotechnology process that blends non-miscible liquids (oil and water) on a submicron level in order to create a new fuel product, the EM-Fuel. The EM Fuel has been tested over the past two years on internal and external combustion engines that burn kerosene, diesel, bio-diesel, waste oil, and heavy "bunker" oils. EM-Fuel has numerous diesel applications, including marine, wheeled vehicles, and open furnaces.
Laboratory and actual in use measurements have demonstrated a 25% reduction in cost for fuel and maintenance, while reducing particulate CO2 and NOx emissions by 60%. The M-Fuel can be used without any modification of the engine or furnace burning the oil.
About Micro Bubble Technology:
Micro Bubble Technology Inc. (OTC-BB: ECOS) is an energy and environmental technology company whose mission is to develop improved sources of energy and to reduce greenhouse gasses, harmful emission, and pollutants. Through research in nanotechnology, MBT is developing more efficient source of energy that can be used immediately that will reduce pollution and emissions at the same time as providing significant economic advantage to users. The first two products being launched, the Carbon Nano Tube Battery and the EM Fuel stand to make major contributions to that effect.
Michael Siegel, CEO
Micro Bubble Technology, Inc. http://www.microbubbletech.com/
RMN Consulting LLC