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From the Wires
EarthFirst Announces Ten Unit Plant Sale in the E.U. and Caribbean Basin
EarthFirst Announces Ten Unit Plant Sale in the E.U. and Caribbean Basin

By: Marketwire .
Sep. 19, 2007 06:39 PM

TAMPA, FL -- (MARKET WIRE) -- 09/19/07 -- EarthFirst Technologies, Incorporated ("EarthFirst" or "the Company") (OTCBB: EFTI) announced today that Renewable Carbon Technologies, LLC ("RCT"), a joint venture between EarthFirst and Orion Industrial Services ("OIS"), has entered into a Memorandum of Understanding ("MOU") with Phoenix Energy Systems, Inc. ("Phoenix"), to deliver ten Catalytic Activated Vacuum Distillation ("CAVD") plants in the Caribbean basin and the European Union.

The detailed MOU calls for the parties to finalize a Master License Agreement that will become effective after demonstration of the Mobile, Alabama plant. Upon execution of the Master License Agreement, Phoenix has agreed to order a CAVD unit for the continuing development of its "Energy Island" in Kingston, Jamaica. Construction of the Kingston unit could begin as early as March 2008.

Randy L. Thomas, Phoenix's CEO and President, signed the MOU after receiving a financial commitment from an international bank for its Kingston Energy Island. Phoenix intends to incorporate other proven, high-tech, award-winning waste-to-energy technologies into Energy Island (see www.phoenixenergysystems.com).

Mr. Thomas stated, "We are all systems go for our one stop waste-to-energy project. We will employ multiple cutting-edge technologies to recover energy from a variety of waste streams that are generated on the island of Jamaica. Our ability to de-construct (de-polymerize) tires is an important part of our processing capability on this project and we are pleased to have chosen RCT's CAVD as our tire remediation module. We studied RCT's CAVD process and all major industry competitors and concluded that the RCT's CAVD is the best available technology to integrate with our waste-to-energy process and the CAVD proprietary method of de-constructing tires will soon become a day in, day out commercial reality. In conclusion, we believe that RCT's CAVD will produce high-value commodity by-products that are beneficial to our process, will reduce our electric demand and carbon footprint, without producing any of the harmful emissions that are associated with the manufacture of similar virgin products."

John Kateon, RCT's managing member, was pleased with Phoenix's selection of the CAVD technology saying, "The Phoenix MOU validates the OIS commitment to partner with EFTI in finalizing CAVD development. We have built on EFTI's vision by adding our own pyrolysis intellectual property and experience. The Phoenix transaction should be just the first step in the proliferation and mainstream acceptance of the CAVD technology and I am hopeful that after final proof of concept in Mobile, scores of CAVD facilities will spring up around our country and the world and helping to finally solve the nagging problem of waste tire disposal."

About EarthFirst

EarthFirst, www.earthfirsttech.com, is a specialized holding company engaged in researching, developing and commercializing technologies for the production of alternative fuel sources and the destruction and/or remediation of liquid and solid wastes, and in supplying electrical contracting services to commercial and government customers internationally. Through its subsidiary World Environmental Solutions Company (WESCO), EarthFirst markets solid waste remediation plants utilizing a proprietary Catalytic Activated Distillation (CAVD) process, which is a superior technology developed by EarthFirst to recycle rubber tires and other waste by heating the material without burning it. Through its subsidiary Electric Machinery Enterprises, Inc., www.e-m-e.com, the Company provides electrical contracting services both as a prime contractor and as a subcontractor, electrical support for industrial and commercial buildings, power generation stations, and water and sewage plants in the US and abroad. Through its subsidiary, SolarDiesel Corporation, the Company is primarily focused on facilitating commercial scale production and distribution of biofuels produced from palm oil.

Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statement of EFTI officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "can," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future EFTI actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and EFTI has no specific intention to update these statements.

CONTACT:
Beverly Mercer
813-865-1122

Market News First - News Agent
Angela Junell
214-461-3411
ajunell@MN1.com

Published Sep. 19, 2007
Copyright © 2007 SYS-CON Media, Inc. — All Rights Reserved.
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