EcoloCap signs exclusive agreement with Nano-Tech Industries

EcoloCap Solutions Inc. announced that it has signed an exclusive agreement with Nano-Tech Industries of Australia for the distribution of its Nano Processing Unit (NPU) and the additive for the production of M-Fuel.  Nano-Tech will distribute EcoloCap products in Australia, New Zealand and the Pacific Islands. Michael Siegel, CEO of EcoloCap states, “Given the rapid increase in the international price of diesel fuel, M-Fuel represents a solution for larger fuel users, faced with impossibly high fuel prices. Municipal transportation authorities’ annual fuel costs can easily exceed $100,000,000. At today’s diesel prices the switch to M-Fuel would decrease costs by some $25,000,000. Additionally, M-Fuel obviates the need to install emissions reduction equipment or even the purchase of brand new equipment to meet recently enacted emission regulations.” (May 3, 2011)