Ecosphere Technologies, Inc.

Ecosphere Technologies Selected as Finalist for the World Technology Awards

World Technology Awards Honor Companies and Individuals Doing the "Innovative Work of the Greatest Likely Long-Term Significance"

STUART, Fla., Sept. 24, 2013 (GLOBE NEWSWIRE) -- Ecosphere Technologies, Inc. (OTCBB:ESPH), a water engineering, technology licensing and innovative U.S. manufacturing company, announced it has been named a finalist for the World Technology Awards in the corporate "Environment" category.

The World Technology Awards have been presented by the World Technology Awards since 2000, as a way to honor those in 20 different categories doing "the innovative work of the greatest likely long-term significance." Nominees for the 2013 World Technology Awards were selected by the WTN Fellows (winners and finalists from previous annual Award cycles in the individual Award categories) through an intensive, global process lasting many months.

The winners of the 2013 World Technology Awards will be announced during a ceremony at the historic Time-Life Building in New York City on the evening of November 15th at the close of the 12th Annual World Technology Summit, a two-day "thought leadership" conference (Nov. 14/15) held at the TIME Conference center and presented by the WTN in association with TIME Magazine, Fortune, CNN, Science/AAAS, and others.

"We are honored to be recognized by the World Technology Network and selected as a finalist for the 2013 World Technology Awards in the corporate Environment category," said Dennis McGuire, Chairman and CEO of Ecosphere Technologies. "Ecosphere's patented Ozonix® water treatment technology has and will continue to have a growing positive impact on protecting the environment while helping our customers reduce costs, increase treatment efficiencies and eliminate harmful liquid chemicals from their wastewater treatment operations."

About Ecosphere Technologies

Ecosphere Technologies, Inc. (OTCBB:ESPH) is a water engineering, technology licensing and innovative U.S. manufacturing company that develops environmental water treatment solutions for industrial markets throughout the world. The Company is a leader in emerging advanced oxidation processes and has an extensive portfolio of intellectual property that includes five United States patents for the Ecosphere Ozonix® process. The patented Ecosphere Ozonix® process is a revolutionary advanced oxidation process that is currently being used by customers to reduce costs, increase treatment efficiencies and eliminate harmful chemicals from wastewater treatment operations around the United States. Ozonix® can be used to replace chemicals in a wide variety of industries and applications, including but not limited to agriculture, energy, environmental, food and beverage, industrial, mining, marine, and municipal wastewater treatment.

In 2013, Ecosphere was chosen by Bloomberg as a New Energy Pioneer and selected by IHS CERAWeek as a 2013 Energy Innovation Pioneer. Ecosphere is also a recipient of the 2013 American Technology Award - "Clean Tech/Green Tech" category and the 2012 Frost & Sullivan North American Product Leadership Award in Disinfection Equipment for Shale Oil and Gas Wastewater Treatment. In addition, Ecosphere has been chosen for the Artemis "Top 50 Water Tech" Listing for the last three years.

Since 2008, Fidelity National Environmental Solutions, an Ecosphere licensee, has enabled oil and gas customers to treat, recycle and reuse over 3 billion gallons of water on more than 800 oil and natural gas wells.

For more information, please visit www.EcosphereTech.com.

About the World Technology Network

The WTN is a curated membership community comprised of the world's most innovative individuals and organizations in science, technology, and related fields. The WTN and its members - those creating the 21st century -- are focused on exploring what is imminent, possible, and important in and around emerging technologies.

The WTN brings key players together - from the most cutting-edge technologists to the most forward-thinking financiers, from the most conceptual futurists to the most grounded entrepreneurs, from the most insightful science writers to the most savvy marketers, from the most big-picture government officials to the most focused policy analysts, and from the world's leading corporations to the world's newest start-ups -- helping to make things happen sooner and better than they might have.

The WTN exists to "encourage serendipity" -- the happy accidents of colliding ideas and new relationships that cause the biggest breakthroughs for individuals and institutions. The WTN works to accomplish its mission through global and regional events for its members (and others) to help make connections among them, and to examine the likely implications and possible applications of emerging technologies.

For more information, please visit www.wtn.net.

To receive timely information on Ecosphere Technologies, sign up for Ecosphere's email news alert system at http://www.ESPH-IR.com.

CONTACT: Investor Relations:
         Gary Dvorchak, CFA
         Senior Vice President
         ICR, Inc.
         +1 (310) 954-1123
         gary.dvorchak@icrinc.com

         Press and Media Relations:
         Brian Ruby
         Vice President
         ICR, Inc.
         +1 (203) 682-8268
         brian.ruby@icrinc.com

         Company:
         Corey McGuire
         Director of Marketing
         Ecosphere Technologies, Inc.
         +1 (772) 287-4846
         cmcguire@ecospheretech.com

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Source: Ecosphere Technologies, Inc.

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