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United EcoEnergy Corp.: United EcoEnergy Corp. Announces Acquisition of Epic Wound Care LLC, and Product Launch in New York

^{Published on 2009-05-28 11:49:41, Last Modified on 2009-05-28 11:50:37 - Market Wire}
 

COCOA, FL--(Marketwire - May 28, 2009) - United EcoEnergy Corp. (OTCBB: [ UEEC ]), a Business Development Company (BDC), incorporated in Nevada and with its principal offices located in Florida, announced that it is acquiring Epic Wound Care LLC, a Nevada Limited Liability Company which manufactures an innovative gauze to serve the wound care market. Epic Wound Care LLC manufactures and distributes its proprietary products under its own label, HymoStyp®, and its distributor's trademarks, ActCel®, ActJel™, and ABC Gauze™. The gauze is a natural product for use in any wound site where bleeding is still present. Upon contact with moisture, the gauze breaks down to form a gel-like substance that acts as a homeostatic agent to stop bleeding. Once bleeding has ceased and coagulation has occurred, the product is then rinsed away with saline solution or lukewarm water.

Epic Wound Care LLC currently has an established distribution network with a worldwide customer base, anchored by Coreva Health Science, and is expanding its marketing efforts into the US and European retail sectors. Kelly Hickel, CEO of UEEC, stated: "It is an exciting time for UEEC and our business development program. We intend to help Epic Wound Care expand its markets for the gauze in areas of personal, retail and institutional wound care management globally. The acquisition of Epic Wound Care LLC by UEEC will allow UEEC to provide the management support and funding capability to enable Epic to expand its product base and increase its revenue potential with new product offerings."

UEEC also announced that it will launch two of its portfolio investment companies in New York City simultaneously on June 3 - 4, featuring the wound care product of Epic Wound Care and the Ultimate Aero Supercar manufactured by Shelby Super Cars and currently holding the Guinness World Record title as the "Fastest Production Car in the World." Shelby's green division, SSC Green, Inc., is also the developer of the revolutionary All-Electric Scalable Powertrain, the AESP whose systems range from 200hp to 1200+hp. For more information on these products please visit [ www.abcgauze.com ], and [ www.shelbysupercars.com ].

Safe Harbor Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.