News / Business
GreenMan Technologies, Inc. (GMTI.OB) Engages Leading Government Affairs and Public Relations Consulting Firm
QualityStocks would like to highlight GreenMan Technologies, Inc. (OTCBB: GMTI). The company provides technological processes and unique marketing programs for alternative energy, renewable fuels and innovative recycled products. Through the company's Green Tech Products subsidiary, the company develops and markets branded products and services that provide schools and other political subdivisions viable solutions for safety, compliance, and accessibility including recycled surfacing.
In the company’s news yesterday,
GreenMan Technologies, Inc. announced that it has retained the services of O’Neill and Associates, a leading full-service government affairs and public relations consulting firm. The firm has been engaged to assist GreenMan’s management team in working with government entities including the Environmental Protection Agency (EPA), the Department of Transportation, and the Department of Energy. O’Neill and Associates will primarily focus on programs and federal funding associated with the Recovery and Reinvestment Act.
Lyle Jensen, GreenMan’s Chief Executive Officer stated, “Through our recently announced acquisition of American Power Group, GreenMan has realigned its business focus to encompass a patented dual fuel alternative energy technology which reduces emissions, provides an alternative fuel for diesel fuel, and extends the useful life of a diesel engine. We believe the benefits of our dual fuel technology make the company eligible for many of the stimulus programs identified in the American Recovery and Reinvestment Act. With their public policy expertise, we believe O’Neill and Associates is explicitly qualified to assist us in matching our new capabilities with environmental and alternative energy initiatives that improve our air quality and reduce our dependence on foreign oil.”
“We are excited to be part of such a transformational technology which has nothing but positive implications for our economy and environment,” commented Thomas P. O’Neill III, Chief Executive Officer, O’Neill and Associates.
Mr. Jensen added, “There is no question that GreenMan’s dual fuel technology aligns perfectly with many of the energy efficiency and energy independence goals sought by several of the stimulus programs. The retrofitting of stationery generators and vehicular diesel engines to run substantially on compressed natural gas or bio-methane is a proven solution with over 1,000 installations around the world. GreenMan’s technology is fully developed and installations are already being proposed under the stimulus programs. The technology is ’shovel ready’ and its benefits are immediate. Job creation has already commenced.”
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
