Micro Bubble Technology
(OTC-BB: ECOS) ("MBT") took effective control of EcoloCap Solutions
Ltd. of Montreal, Quebec on September 8, 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.
Michael Siegel, President and CEO of Micro Bubble and EcoloCap stated: “Over
the last two years, we have researched the markets worldwide, signed major distribution
agreements and built the base of a substantial operation. Our access to the
public market through our control of EcoloCap (ECOS) will allow us to speed
up our growth and return to our shareholders the return they expect from such
a dynamic field as reduction of energy use, as well as a major contribution
to the green effort worldwide.”
During the past year, MBT has prepared to launch its new CNT Battery and has
continued to market its M-Fuel technology internationally through direct sales
and distribution agreements that are signed or in the final stages of completion.
These agreements have taken place in industries ranging from maritime to telecommunications.
Carbon Nano Tube Batteries (“CNT Batteries”) promise to change
the panorama of 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 serious demonstrations of interest.
In independent laboratory testing, CNT Batteries have proven, for the same
price as a traditional lead-acid battery, will 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
MBT has also developed a new process that blends non-miscible liquids (oil
and water) on a submicron level in order to create a new non-emulsified fuel
product that it calls EM-Fuel. This 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 also be used without any modification of the engine or
furnace burning the oil.