ecoSolutions Intl. Executes Letter of Intent on Solar Aquisition

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Fridays news.. > ECOI Executes LOI for Solar Acquisition - Yahoo! Finance

ASHLAND, Ore.--(BUSINESS WIRE)-- ecoSolutions Intl. (Pink Sheets:ECOI.pk - News) announced today it has a fully executed Letter of Intent with SolCool One, LLC, “SolCool”, a private solar company.



SolCool has developed a direct current, solar air-conditioning unit for distribution to the communication and off-grid global markets. Systems are designed to substantially reduce energy costs while improving back-up power capability.



In October 2010 SolCool successfully sold a 6000 BTU system to Freeport McMoRan (NYSE:FCX - News), the largest publicly traded gold and copper producer in the world. Freeport McMoRan is utilizing the unit in a remote, off-grid location to cool equipment that monitors seismic activity.



“The future of energy management with large, power-consuming customers is growing exponentially, and SolCool is well positioned to market and sell its products directly into that segment,” ecoSolutions Intl. CEO Lawrence Adams stated. "The market for this and other SolCool energy products is growing exponentially as these types of companies turn to key vendors for Solar and off-grid solutions.”



SolCool is located in San Bernardino, CA. “We feel SolCool has a vast array of products ready for entry into this growing market demand, we look forward to a long and prosperous partnership,” Mr. Adams commented in closing.