OXFORD, Miss., Aug. 14 /PRNewswire-FirstCall/ -- Encore Energy Systems (Pink Sheets: ENCS) released today the details its stock dividend. Upon merging with BioConversions International, all record-date stockholders and all EGVI stockholders will receive, pro rata, $2,000,000 in Convertible Preferred Stock. The Preferred Stock may be converted into Common Stock annually. The Conversion feature will expire in 5 years. This dividend is in addition to the previously declared cash dividend whereby all royalty income from the Company's patents will be distributed directly to stockholders. The Company has executed a Letter of Intent to merge with BioConversions International. BioConversions reports over $17,000,000 in projected sales with net earnings of approximately 12%. Encore will continue as a subsidiary. The Directors and Officers of Encore will resign. About Encore Energy The Company owns the patents for the use of grey-water, and domestic water in heat exchanger systems. They also provide all forms of conventional geothermal heat exchange systems. See our video at http://www.encoreenergyinc.com/. The Company licenses its patented technology to other energy-related businesses. About BioConversions International BioConversions is an international aggregator bio-diesel reactor technology, fuel distribution, production systems. Safe-Harbor Statement This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company's web-site version of this press release contains various RISK FACTORS (and are incorporated herein by reference) and should be read before any investment decision. Investor Relations: Contact: Encore Energy Systems, Inc. 888-234-0963 DATASOURCE: Encore Energy Systems, Inc. CONTACT: Encore Energy Systems, Inc., 1-888-234-0963, Web site: http://www.encoreenergyinc.com/

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