Consolidated Ecoprogress Technology Inc.: Dr. Fresh Orders New Flushaway for Wal-Mart.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Consolidated Ecoprogress Technology Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:CES) is pleased to announce a re-order from Dr. Fresh for the latest version of its Flushaway product. This C$50,000 order, for one container of Flushaway, is expected to be the first in a series of orders from Dr. Fresh. The shipment will comprise 1500 cases of liners and 900 cases of pads. Distribution of this order will be through more than 1700 Wal-Mart stores that stock Flushaway where, according to Dr. Fresh, shelf sales have recently been increasing. Following a recent product demonstration to Dr. Fresh, Ecoprogress received confirmation that the new improved Flushaway product has been accepted. At that same meeting Ecoprogress confirmed its intent to complete an independent consumer test to validate the positive comments and results it has already received from informal consumer tests, bench tests and laboratory tests. Independent test results are used by retailers and distributors to give them confidence in the products performance. Ecoprogress believes that with its new product, packaging, pricing, wider placement and anticipated promotion that Flushaway will see a significant increase in sales in the near future. 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 a flushable feminine hygiene alternative 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 responsibility 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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