Ecosphere Technologies, Inc.

Ecosphere Technologies Selected by The Artemis Project(TM) as a 2012 Top 50 Water Company

The Benchmark for Technologies That Will Matter

STUART, Fla., Sept. 13, 2012 (GLOBE NEWSWIRE) -- Ecosphere Technologies, Inc. (OTCBB:ESPH), a diversified water engineering, technology licensing and environmental services company, is pleased to announce that it has been chosen for the 2012 Artemis Top 50 Water Tech Listing.

"The Artemis Top 50 is the water industry's benchmark for innovation that will matter. It identifies the new solutions that will meet the world's water challenges," stated Laura Shenkar, Chair of the Artemis Top 50. "The Top 50 are some of the most promising start-ups in the emerging high tech wave in water."

Ecosphere Technologies, Inc. was selected by a jury that included experts from corporations such as Intel, Archer Daniels Midland, IBM, Ecolab and Syngenta as well as McKinsey, CH2M Hill, Carollo Engineers and Singapore's Public Utilities Board.

"The Artemis Project's selection of Ecosphere Technologies as a Top 50 Water Company for the third consecutive year is a tremendous honor and we are proud to be recognized for our innovations in water treatment for the oil and gas industry," said Charles Vinick, Chairman and CEO of Ecosphere Technologies. "Water innovation is a critical component to improved environmental performance for exploration and production companies, and as the industry continues to improve their water management practices to meet their production goals and environmental requirements successfully, they will also improve the economics of their operations and their relationships with the local communities in which they operate."

To date, Ecosphere's patented Ozonix technology has enabled oil and gas operators to recycle and reuse more than 2 billion gallons of water on approximately 600 oil and natural gas wells, eliminating the need for 1.6 million gallons of liquid biocides.

Links in this release:

The Artemis Water Tech Top 50: http://artemistop50.com/

Top 50 Awards: http://theartemisproject.com/news-events/competition/

2012 Artemis Top 50 Jury: http://artemistop50.com/information/judges/

Laura Shenkar's bio: http://theartemisproject.com/about-us/management-bio/

About Ecosphere Technologies

Ecosphere Technologies, Inc. (OTCBB:ESPH) is a diversified water engineering, technology licensing and environmental services company that designs, develops, and manufactures wastewater treatment technologies for a variety of industrial markets. The company provides environmental services and technology solutions for large-scale, sustainable applications across industries, nations and ecosystems.

Ecosphere is currently driving clean water innovation with its patented Ozonix advanced oxidation technologies and mobile, low-maintenance water treatment systems. Ecosphere's patented Ozonix technology is a high-volume, advanced oxidation process designed to recycle water while reducing liquid chemicals used during water treatment applications. A recipient of Frost & Sullivan's 2012 North American Product Leadership Award in Disinfection Equipment for Shale Oil and Gas Wastewater Treatment, Ecosphere has enabled oil and gas customers to recycle and reuse over 2 billion gallons of water on approximately 600 oil and natural gas wells in major shale plays around the United States since 2008.

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

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

The Ecosphere Technologies, Inc. logo is available at https://www.globenewswire.com/newsroom/prs/?pkgid=12214

About Artemis Water Strategy

The Artemis Top 50 is hosted by Artemis Water Strategy. Artemis is a boutique consulting practice dedicated to helping companies thrive in a world of increasing water scarcity. We operate at the intersection of corporate strategy, advanced technology, investment and policy. We work with global corporations to achieve a sustainable competitive advantage through operational excellence in water management and assist advanced water technology companies in maximizing the value they bring to their customers. For more information visit: www.theartemisproject.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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