Ecosphere Technologies, Inc.'s majority owned subsidiary Ecosphere Energy Services LLC, ("EES") has closed financing of $7.5 million with Fidelity National Financial, Inc("FNF"). FNF will own 19% of EES. The company provides a proprietary water purification and management services to the energy industry. They manufacture water purification and management units, utilizing the proprietary Ozonix Technology.
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About Ecosphere Technologies:
Ecosphere Technologies, Inc. (OTC Bulletin Board: ESPH) is a diversified water engineering and environmental services company primarily focused on the natural gas industry. The Company provides water-recycling services to provide clean water for energy companies to extract natural gas from unconventional shale plays. Ecosphere's mission is to identify, create and produce clean technologies that solve a significant industry challenge, improve the quality of life and the environment, and are economically viable.
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