Category: ECOX

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Eco Innovation Signs Exclusive License Agreement for PoolCooled™ Climate Control Technology Solution

June 08, 2021 Eco Innovation Group, Inc. an innovative company in new technologies that promote environmental and social well-being and the advancement of green energy solutions, is excited to announce the signing of an exclusive License Agreement (the “Agreement”) with Lance Nist, inventor of PoolCooled™ Tech (“PoolCooled™”), a revolutionary climate control solution that leverages proprietary technology to cool a home or building by taking cool water from an existing swimming pool and looping it through the existing air conditioning system to boost efficiency on a per-unit power consumption basis.
The Agreement grants the Company exclusive rights to commercialize PoolCooled™. “ECOX has reached a series of milestones throughout 2020 and 2021, and this exclusive license to bring PoolCooled™ to market is another significant step forward,” stated Julia Otey-Raudes, CEO of ECOX. “The license allows us to kickstart the next phase as we push toward the anticipated launch of this cost-saving renewable energy technology solution available for installation and use any time, in any weather, in any part of the country.” According to the Association of Pool & Spa Professionals, there are over 10.7 million swimming pools in the United States alone. Otey-Raudes added, “The market potential for PoolCooled™ is enormous. The amount of heat-sinking potential being lost across millions of swimming pools every day is a game-changer once efficiently harnessed because it offers the potential to simultaneously reduce both the costs and carbon footprint for any pool-adjacent structure with AC needs.” As previously reported by the Company, an initial efficiency test was performed under controlled conditions by Mr. Nist. The test compared the power usage involved in cleaning a swimming pool and cooling a home equipped with a three-ton central AC system, where the pool was immediately adjacent to the home. The test showed that, over a specified period, the separate tasks of operating the pool filtration system and the home AC system, independently and with traditional systems in place, required 4,300 watts of power. By comparison, both tasks were accomplished equally well by the PoolCooled™ system, which consumed only 1,100 watts of power over the same time period. This represents an approximate savings of 65-75% in total energy usage and costs. According to Lance Nist, inventor, “I am thrilled to sign this exclusive agreement with ECOX, and I look forward to continuing our efforts to tap into the enormous energy and cost savings potential that PoolCooled™ aims to offer millions of homes and businesses, as well as hotel chains, amusement parks, and other establishments with swimming pools and the drive to reduce costs and carbon emissions.” Now that the Agreement has been signed by all parties, ECOX will begin aggressively pursuing the PoolCooled™ opportunity as part of its ongoing strategy to deliver carbon free energy solutions that can be deployed on a global scale. VanNuysCaliforniaUSA

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Eco Innovation Group™ Signs Definitive Agreement and Commences Manufacturing of Next-Gen Supercritical Plant Extraction Device

 

May 26, 2021  Eco Innovation Group, Inc. (OTC: ECOX) (“ECOX” or the “Company”), an innovative company aggregating investments in new technologies that promote environmental and social well-being and the advancement of green energy solutions, announced today it has signed a Definitive Agreement with Fluitron, Inc. (“Fluitron”), and has commenced production for the development and manufacturing of a fully functional prototype based on the specialized non-CO2 novel supercritical extraction technology exclusively licensed to ECOX™ by Glytech, LLC (“Glytech”).

Fluitron Inc., a Pennsylvania-based advanced pressure technology manufacturing company is manufacturing the prototype of the patent-pending extraction technology for ECOX. Unlike current technology in the marketplace, this technology utilizes a non-CO2 solvent and cofactors to extract selected bioactive compounds from plant materials. The result is an extracted fluid superior in viscosity to the output of current CO2 -based extraction methods, while streamlining time, energy, and capital costs.

According to ECOX, this technology allows for larger yields in a more affordable process. It makes extraction more efficient and more consistent. This will allow customers to get the same product every time which is not currently the case with current extraction methods in use today including super critical CO2.

With a more fluid solution that is created by super critical extraction, it is expected that one can automate the process. It is expected that this technology will generate lower overhead costs to manufacturers and creates better overall yields.

Julia Otey-Raudes, President and CEO of Eco Innovation Group, said, “We are extremely pleased to have achieved this important milestone and now that we have begun the manufacturing process, we’re really excited to get this first one finished, and to show it to the world later this year.

This has blockbuster potential and represents a huge opportunity for ECOX and businesses that move quickly to recognize this potential early to gain tremendous competitive advantage. “ This next generational technology is ideal for extraction technology for high-value plant-based products including licensed cannabis extraction products, and active compounds for the pharmaceutical, cosmetic, nutraceutical and other markets.

About Fluitron

Fluitron Incorporated is a manufacturing company specializing in high pressure equipment since 1976.

Fluitron’s workforce is devoted to providing exceptional products and services.

About Eco Innovation Group

“Eco Innovation Group was founded by Inventors and Business Professionals to help nurture and catalyze the most innovative and impactful products and services, and to deliver those innovations to the world, improving the quality of life in our communities and the world around us, while delivering value to our shareholders. At ECOX, we are dedicated to developing and commercializing successful products.

But we will never lose sight of the fact that we exist, first and foremost, to help people and improve life on the planet we all share. We take our Social Responsibility Contract seriously in all our endeavors. It is not only what we do. It is who we are.“

For more information, visit www.ecoig.com.

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