In European Markets the Demand Grows for Ethos FR(R)
* Reuters is not responsible for the content in this press release.
SAN DIEGO, CA, Jun 24 (MARKET WIRE) --
Ethos Environmental, Inc. (OTCBB: ETEV), a San Diego-based company,
announced that increased demand for its Ethos Fuel Reformulating products
has led to the expansion of the firm's marketing efforts throughout the
European Union's 27 member states.
The recent surge in oil prices has hit American drivers hard, but
expensive gas has long been the norm in the EU. High fuel taxes, adopted
by European leaders to discourage carbon emissions and speed compliance
with the Kyoto Protocol, have resulted in current gas prices as high as
$9.85 per gallon in The Netherlands. More and more, EU drivers are
discovering that they can increase mileage while still reducing harmful
greenhouse gases through the use of Ethos FR(R).
For Earth, Inc., the marketing arm of Ethos Environmental, is rapidly
expanding its European distribution network to meet growing demand for the
product. With the increased sales generated through this expanded network,
For Earth, Inc. president Miguel Gallimore anticipates "an excellent
growth in the company's revenue stream beginning early in the third
quarter."
Ethos FR(R) is an ester-based fuel reformulating product that reduces
harmful emissions while improving both fuel mileage and engine
performance. Ethos FR(R)'s ability to integrate easily with existing
fueling infrastructures makes it both an effective and realistic
pro-environmental step that can be implemented by companies and
municipalities of all sizes.
For additional information, please visit www.ethosfr.com.
About Ethos Environmental, Inc.
Ethos Environmental, Inc. (OTCBB: ETEV), a San Diego-based corporation, is
the manufacturer of award-winning fuel reformulating products that help
industries meet environmental regulations and relieve skyrocketing fuel
costs. By using Ethos FR(R), commercial vehicles can increase fuel mileage
between 7 percent and 19 percent while reducing harmful emissions by more
than 30 percent. For more information about Ethos Environmental, Inc.,
visit www.ethosfr.com
Forward-Looking Statements
Except for statements of historical fact, this news release contains
certain "forward-looking statements" as defined by the Private Securities
Litigation Reform Act of 1995, including, without limitation,
expectations, beliefs, plans and objectives regarding future activities.
Such forward-looking statements involve known and unknown risks,
uncertainties and other factors, which may cause the actual results,
performance or achievements of Ethos Environmental to be materially
different from any future results, performance or achievements expressed
or implied by such forward-looking statements. Such factors include
general economic and business conditions, the ability to acquire and
develop future assets, the ability to fund operations and changes in
consumer and business habits and other factors over which Ethos
Environmental, Inc., or any affiliates, has little or no control.
Investor Contact:
NetGain Financial, Inc.
Barron Hess
877-ETHOSIR
877-384-6747
barron@netgain-financial.com
Press Contact:
Yasmine Rangel
Ethos Environmental, Inc.
619-575-6800
yrangel@ethosfr.com
Copyright 2008, Market Wire, All rights reserved.
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