General Environmental Management, Inc. (GEVI.OB) Acquires Exclusive Rights for PetroMax Treatment Technology

In the company’s news yesterday,

General Environmental Management Inc. announced that its subsidiary, Southern California Waste Water (SCWW), has acquired exclusive licensing rights to market the PetroMaxTech treatment chemical and process known as PetroMax as part of its service to the oil and gas industry.

Tim Koziol, CEO of GEM, commented, “This technology provides SCWW with additional capabilities to service a core segment of our client base, the oil and gas industry. As a non-hazardous wastewater treatment facility, SCWW is the treatment option of choice for our clients, and we are always looking for additional means to service our clients’ needs. The PetroMax process is an excellent example of meeting the needs of our current clients who provide SCWW with a substantial portion of our volume in non-hazardous liquid waste while also providing the impetus to add new clients.”

“We are thrilled to offer what we believe is an industry changing treatment process,” added Doug Edwards, GEM Chief Strategy Officer and Executive Vice President for Corporate Development. “The great merit of the PetroMax process is that it can generate savings of 30% to oil producers and refineries who struggle to move thick oil sludge. This can literally save a million dollars or more for a large tank cleaning.”

In addition to oil and gas production and refineries, SCWW has acquired the exclusive right in North America to market PetroMax to the shipping industry. Edwards explained, “PetroMax will save enormous money as shippers use PetroMax to pump their oil sludge with ease and clean their tankers in a fraction of the time currently required.”

A third aspect of the license is for the stimulation of downhole oil production. “Put simply,” said Edwards, “PetroMax allows thick oil to come out of the ground quicker.”

Mr. Koziol stated the following in conclusion, “We look forward to marketing PetroMax and sharing with our shareholders how this process both enhances our current wastewater services at SCWW and brings us into the broader oil and gas service industry. The rights to PetroMax provide GEM the ability to move quickly into new geographic markets and develop a wastewater network.”

About QualityStocks

QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their advertising efforts and now has over 750,000+ subscribers that receive The Daily Stock Newsletters.

To sign up for “The QualityStocks Daily Newsletter” please visit http://www.qualitystocks.net/

Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net 

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.