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United EcoEnergy Corp. Announces Agreement with the American Diabetes Association

^{Published on 2010-08-05 09:35:50 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--United EcoEnergy Corp. (OTCBB: UEEC), a healthcare solutions and product development company focusing on the expanding wound-care industry, today announced that its wholly owned subsidiary, Epic Wound Care, Inc., has signed a corporate sponsorship agreement with the American Diabetes Association.

"As we participate in corporate sponsored events and fundraisers over the next several years we are committed to helping increase awareness of diabetes and expanding our relationship with the Association."

The three-year agreement between Epic Wound Care and the American Diabetes Association recognizes Epic as a National Strategic Partner, the Associationa™s highest level of corporate support for a consumer product company and it grants Epic and its affiliates a license to utilize and display the Association name, taglines and various aProud Sponsora and aNational Strategic Partnera logos on its marketing material and products throughout the term of the agreement. The use of the Associationa™s name and logo does not constitute an endorsement of the product but acknowledges Epica™s commitment to supporting the mission to stop diabetes and improve the lives of those affected by the disease.

"We are pleased to announce this new agreement with the American Diabetes Association, the largest voluntary health organization committed to the fight to stop diabetes," said Kelly T. Hickel, Chairman and CEO of United EcoEnergy Corp. aAs we participate in corporate sponsored events and fundraisers over the next several years we are committed to helping increase awareness of diabetes and expanding our relationship with the Association.a

The sponsorship includes the opportunity for Epic to participate in the Associationa™s Annual Corporate Sponsor Summit, and marketing strategy meetings that help the company develop promotional ideas related to the affiliation. In addition, Epic will receive full page color advertisements in Diabetes Forecast® magazine and have the opportunity to participate in various Association fundraising events throughout the term of the agreement.

Mr. Hickel commented, aWe believe our innovative hemostatic gauze product, which is sold in the United States and around the world to help stop bleeding from various wounds, including diabetic ulcers, is an excellent example of products that complement the Associationa™s mission to prevent and cure diabetes and to improve the lives of all people affected by diabetes.a

Uniteda™s wholly-owned subsidiary, Epic Wound Care Inc., is penetrating the growing wound-care market by manufacturing an innovative gauze that changes the way medical professionals treat their patients. The gauze was initially developed as a tool to provide medical professionals the ability to stop bleeding in the most efficient manner possible. Epic Wound Care and its master distributor Coreva Health Science, LLC, are currently marketing and distributing this product within various dental, EMS, trauma, and military sectors.

Epica™s hemostatic gauze can be used on nearly any wound where bleeding is present. Upon contact with blood, the gauze forms a gel-like substance, which acts as a homeostatic agent that expands slightly to cause direct pressure on blood vessels and control bleeding. Once bleeding has ceased and coagulation has occurred, the product can be rinsed away with water and dissolves into saline (sodium and water). Because of its purity and the fact that it degrades to these simple end-products, the gauze does not cause delayed healing as do other hemostatic materials that may have a similar appearance.

With this innovative hemostatic gauze, United has the potential to transform segments of the market such as ambulatory emergencies, surgery, dental, home care and athletic injuries.

About United EcoEnergy Corp.

United EcoEnergy Corp. is a healthcare solutions company that has developed an innovative hemostatic gauze product that stops bleeding by forming into a gel-like substance upon contact with blood. The gauze was initially developed as a tool to provide medical professionals the ability to stop bleeding in the most efficient manner possible. Through the acquisition of intellectual property rights in 2009, Epic Wound Care and its master distributor Coreva Health Science, LLC, have the potential to transform segments of the market such as ambulatory emergencies, surgery, dental, home care and athletic injuries. Uniteda™s wholly-owned subsidiary, Epic Wound Care Inc., has been able to penetrate the growing wound-care market by introducing this innovative gauze product and changing the way medical professionals treat their patients. The product is currently being marketed in North America and around the world under the registered brand names: ActCel Gauze, ActJel Gauze, HemoStypa", and ABC Gauze (which stands for Advanced Bleeding Controla").

For more information on United EcoEnergy Corp., please visit: [ www.unitedecoenergy.com ]

For more information on the Companya™s innovative hemostatic gauze, please visit: [ www.abcgauze.com ] and [ www.actcel.com ]

Forward-Looking Statements

This press release may contain forward-looking statements 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. Investors are cautioned that these forward-looking statements involve uncertainties and risks that could cause actual performance and results of operations to differ materially from those anticipated. These risks and uncertainties include issues related to the ability to: obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new ventures, as well as other factors set forth in United EcoEnergy's most recently filed Form 10-K and Form 10-Q reports. The forward-looking statements contained herein represent the Company's judgment as of the date of this release and it cautions readers not to place undue reliance on such statements. United EcoEnergy assumes no obligation to update the statements contained in this release.