EBIOSS announced that it had signed an exclusive collaboration agreement with Urbaser S.A.U. ("Urbaser") to identify and secure opportunities for the collection, treatment and, where suitable, the conversion of waste into energy. The EBIOSS announcement stated that the Parties have agreed, subject to Urbaser technical due diligence, to use EQTEC's gasification technology for waste to energy gasification projects in Bulgaria, Greece, Macedonia and potentially Romania. EQTEC confirms that it is not party to the Agreement and that there is no-binding commitment on the Company pursuant to the Agreement for the provision of its technology to the Parties.