SAN FRANCISCO, Feb. 7 /PRNewswire/ -- ECO2 Plastics (formerly ITEC Environmental Group, ITEC.OB), the eco-friendly recycling company that is changing the way plastics are recycled, today announced the appointment of industry veteran Bill Whittaker to its Board of Directors. ECO2 continues to deepen its board, which is comprised of business leaders focused on defining and driving the strategic direction of the company. Whittaker's appointment to the board reflects the company's commitment to expanding its business. "Bill's expertise in asset management, both real estate and investment management, positions him as a strong Board member that can help ECO2 grow from an early stage recycling company to an industry leader," said Rod Rougelot, CEO of ECO2. "We look forward to availing ourselves of his expertise to help guide the company through its next stage of growth." Bill Whittaker stated: "It is an honor be part of a company that is going to change the way plastic is recycled throughout the world. As an investor, I am pleased to be associated with a stable, ethical business that is the low cost, high quality producer of recycled plastic flake. As a concerned human being, I am thrilled to be associated with a company that is making a huge contribution to the environment by conserving both energy and water. It is a great example of how environmentally sensitive methods can be both good for the environment and good for the bottom line." In addition to Bill Whittaker, ECO2's Directors include: *Gary De Laurentiis, Chairman, Chief Technology Officer of ECO2 Plastics *Ronald M. Domingue, Managing Partner at Arbor Malone, LLC and co-founder of SupplyBase, Inc. *Lawrence A. Krause, President of Lawrence A. Krause & Associates, Inc. *David M. Otto, Principal of The Otto Law Group, PLLC *Rod Rougelot, CEO of ECO2 Plastics Whittaker has been involved in asset management, both real estate and investment management and currently manages approximately $125 million through his primary operating company, Whittaker Asset Management, Inc. He is the Chairman and CEO of Whittaker Asset Management as well as the controlling principal of more than 40 privately held companies and/or partnerships that in turn own commercial income properties or investments in operating businesses. About ECO2 Plastics (http://www.eco2plastics.com/ ) ECO2 Plastics, formerly ITEC Environmental Group (ITEC.OB), is a publicly traded company engaged in PET plastic recycling. The Company's patented and patent-pending process was developed through a research partnership with Honeywell FM&T and the US Department of Energy. ECO2 Plastics is the exclusive worldwide licensee of the technology. The Company operates a recycling plant in Riverbank, California and another plant is currently under development in Southern California. ECO2's approach sets it apart from competitors that deploy water-based recycling processes. Unlike other recyclers, ECO2's process eliminates the use of water, respects and preserves the environment, while delivering the highest quality recycled plastic flake with up to a 50% lower operating cost. ECO2 Plastics is the only recycling company that can claim (i) that its plastic recycling technology has a negligible impact on the environment and (ii) is distinguishable from existing technologies when it comes to water waste and chemical contamination. For more information please email . Cautionary Warning Regarding Forward-Looking Statements "Forward-looking statements," as defined in the Private Securities Litigation Reform Act of 1995, may be included in this news release. These statements relate to future events and/or our future financial performance. These statements are only predictions and may differ materially from actual future events or results. ECO2 Plastics, Inc. disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. Please refer to the documents filed by ECO2 Plastics, Inc. with the Securities and Exchange Commission, which identify important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with our ability to (i) increase revenues, (ii) obtain profitability, (iii) obtain additional financing, (iv) changes in general economic and business conditions (including in the online business and financial information industry), (v) actions of our competitors, (vi) the extent to which we are able to develop new services and markets for our services, (vii) the time and expense involved in such development activities, (viii) risks in connection with acquisitions (ix) the level of demand and market acceptance of our services and (x) changes in our business strategies. DATASOURCE: ECO2 Plastics, Inc. CONTACT: media, +1-415-885-8049, or , at ECO2 Plastics, Inc. Web site: http://www.eco2plastics.com/

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