Consolidated Ecoprogress Technologies Inc.: Flushaway Sales up 84 Percent at Wal Mart.VANCOUVER, British Columbia -- Consolidated Ecoprogress Technologies Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:CES) - Mr. John Banks reports: Consolidated Ecoprogress Technologies Inc. is pleased to announce that its US distributor Dr. Fresh reports an 84% increase in sales of Flushaway brand feminine hygiene products through Wal Mart in the United States as compared to last year. Flushaway is the world's first and only line of flushable, biodegradable feminine hygiene products. Dr. Fresh serves a number of major US retailers including Wal Mart. "We see this as an indication of growing consumer adoption of Flushaway through US Wal Mart stores. We believe that the new generation of Flushaways, priced at parity with ordinary feminine hygiene products and on the shelves since July, has made an impact on sales. We expect to see continued sales growth through Wal Mart and through our expanding sales and distribution network worldwide in coming months," said Ecoprogress' president John Banks. Flushaways are currently available in 1,700 Wal Mart stores throughout the Unites States and in South Africa in Clix and Pick 'n Pay stores. They are also on their way to the United States Marine Corps United States Marine Corps (USMC) Separate military service within the U.S. Department of the Navy (see U.S. Navy), charged with providing marine troops for seizure and defense of advanced bases and with conducting operations on land and in the air in connection with worldwide. Ecoprogress is diligently working on becoming a lead player in environmentally friendly, absorbent absorbent /ab·sor·bent/ (-sor´bent) 1. able to take in, or suck up and incorporate. 2. a tissue structure involved in absorption. 3. a substance that absorbs or promotes absorption. and plastic replacement products. Its first branded product, Flushaway, provides women with the choice of a flushable feminine hygiene product that, after disposal, biodegrades in 28 days. ON BEHALF OF THE BOARD OF DIRECTORS John Banks, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President Consolidated Ecoprogress Technologies, Inc. Statements contained in this news release that are not historical facts are forward-looking statements as that term is defined in the private securities litigation reform act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results. Such risks and uncertainties are detailed in the Company's filings with the TSX-V and on SEDAR SEDAR System for Electronic Document Analysis and Retrieval SEDAR Southeast Data, Assessment, and Review . The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed nor accepted responsibil ity for the adequacy or accuracy of the contents of this news release, which has been prepared by management. Consolidated Ecoprogress Technology Inc. (TSX VENTURE:CES) |
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