Micro Bubble Technologies Unveils M-Fuel and CNT-Battery to the Public

BARRINGTON, ILLINOIS--(Marketwire - 09/28/09) - Micro Bubble Technologies Inc. ("MBT"), the operating subsidiary of EcoloCap Solutions Inc. (OTC.BB:ECOS - News), will be hosting an event at its Korean factory on Tuesday November 3, 2009, to showcase its two core technologies, M-Fuel and the CNT-Battery, for the first time to the public.

Attendees of the event will take part in demonstrations of M-Fuel used on a boat, truck, and stationary diesel engines, along with observing M-Fuel being burned in open and closed furnace applications. Each demonstration of M-Fuel will be connected to emission monitoring equipment that will evidence and record the reduction of emissions produced by the burning of M-Fuel compared to that of traditional fuels.

MBT will also be holding demonstrations of the discharge and charging characteristics of their Carbon Nano Tube Battery (CNT-Battery). These batteries yield up to 8 times the reserve capacity and recharge in less than ten minutes compared to a similar type battery. MBT is currently offering a 5 year limited replacement guarantee on all CNT-Batteries charged with the MBT designed charger system.

This long awaited presentation of MBT's M-Fuel and CNT-Battery to the public will illustrate and confirm the unique characteristics of these revolutionary technologies. Michael Siegel, President and CEO of EcoloCap Solutions Inc. and Micro Bubble Technologies Inc. stated: "This is a truly exciting event for the Company. It will be open to the press, distributors, vendors and those individuals and businesses interested in implementing the technology and we expect this occasion to generate a great deal of positive response."

This event corresponds to the unveiling of the Version 3.0 of the NPU-60 and Version 1.0 of the NPU-10. These Nano Processing Units (NPU) are the self-contained devices that mix M-Fuel, and have the capacity to produce 60 tons and 10 tons of M-Fuel per 24-hour period respectively. In addition, MBT also announces the official name of their proprietary Emulsion Fuel (M-Fuel). This water, nano oil particle and gas suspension fuel will now be known as M-Fuel.

ABOUT MBT:

Micro Bubble Technologies Inc. ("MBT") is a "green" nanotechnology company, focused on improving alternative energy solutions through the development and marketing of their nanotechnology-based energy products. MBT's Carbon Nano Tube battery (CNT-Battery) demonstrated to have 8 times the energy reserve capacity of traditional lead-acid batteries, 2.5 times that of lithium-ion batteries and a recharge time of five to 10 minutes; all for a slight premium over the price of similar lead-acid battery. MBT's M-Fuel technology processes oil with water and a special additive through its proprietary NPU system. The results provide a 60% reduction in emissions, a 40% reduction in oil consumption, and up to a 25% reduction in cost of fuel and engine maintenance. These reduced emissions will also generate Carbon Credits, which can be sold on the open market, for those users in countries participating in the Kyoto Protocol of the United Nations.

MBT markets its products worldwide either directly or through agreements with distributors and is presently exploring distributors in Europe.

For further details on the November 3rd event or for additional information on the business and their technologies please visit the Ecolocap website, www.EcoloCap.com, or send an inquiry to Investor Relations at IR@EcoloCap.com.

Use of Forward-looking Statements

This press release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. These forward-looking statements are based on the current expectations of the management of Micro Bubble Technologies Inc. only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in technology and market requirements; our technology may not be validated as we progress further; we may be unable to retain or attract key employees whose knowledge is essential to the development of our products and services; unforeseen market and technological difficulties may develop with our products and services; inability to timely develop and introduce new technologies, products and applications; loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of Micro Bubble Technologies Inc. to differ materially from those contemplated in such forward-looking statements. Except as otherwise required by law, Micro Bubble Technologies Inc. undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting Ecolocap Solutions Inc., reference Ecolocap Solutions Inc.'s reports filed from time to time with the Securities and Exchange Commission.