Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > Green Earth Technologies Forges $3 Million Partnership with Inventek

Abstract:
Relationship To Drive Expansion of GET's Appearance Products In The $4 Billion Automotive Products Aftermarket

Green Earth Technologies Forges $3 Million Partnership with Inventek

STAMFORD, CT | Posted on February 6th, 2008

Green Earth Technologies, Inc. (Pink Sheets: GETG), a manufacturer and marketer of environmentally friendly consumer products, today entered into a strategic relationship with Inventek Colloidal Cleaners, LLC, a Philadelphia-based developer of bio-based colloidal formularies and products, to manufacture automotive appearance products including carwash and windshield rain repellent. Green Earth Technologies (GET) has been granted a perpetual royalty-free license and exclusive rights to global sales for eight products now and for additional products as mutually agreed upon and developed using Inventek's proprietary technology. Inventek also will manufacture the active ingredients and has made an equity investment on extended payment terms in GET valued at $3 million.

Jeff Marshall, President & CEO of GET, stated, "As an emerging developer of superior performing, totally green products, this strategic relationship will be critical in supporting the manufacturing, financial and human resources needed to put GET's products onto the retailers' shelves. Consumers will then be able to replace traditional products with green products without sacrificing performance or paying a premium price."

Paul Andrecola, Founder and Chief Chemist for Inventek, said, "We love GET's ‘G'-Branded strategy and are confident that consumers will migrate toward the totally green and environmentally friendly characteristics of these products."

GET's "G"-Branded products meet ASTM's highest biodegradable ranking Ultimate Biodegradable, which ensures that contents completely biodegrade within 28 days. The products also meet "harmless" OSHA definitions, with the Hazard Ratings on MSDS sheets - sheets required for all consumer products shipped within the USA - scoring zero in the four required areas of health, fire, reactivity and special.

Inventek utilizes proprietary colloidal chemistry, which makes it possible to produce a microscopic particle called a micelle. Micelles are comprised of a collection of linear molecules or fatty esters and fatty acids clumped together in the shape of a sphere about one to four nanometers. For perspective, a human hair is 80,000 nanometers thick; a red blood cell covers 10,000 nanometers; a virus measures 100 nanometers across. These micelles are the workhorses behind the superior performance of GET's products and the economics that allow this performance to be made available to consumers.

Dr. Zuckerman, CTO and Chairman of GET, stated, "I am extremely pleased that through this agreement we will be able to work closely with the very talented and accomplished founder of Inventek, Paul Andrecola."

Bio-based and biodegradable, these products contain no polyethylene glycols, benzene, triclosan or other chemicals. Instead, the ingredients are extracted and blended from FDA GRAS (Generally Regarded as Safe) approved food stocks, principally corn, grains, soybeans, and potatoes. The products are non-toxic to humans, animals or plant life. All GET's ingredients are approved organic materials, and it qualifies for a non-hazardous zero U.S. government rating. Even acute overexposure to the cleaner results in no evidence of adverse effects with respect to swallowing, skin absorption, skin contact, eye contact, repeated overexposure and inhalation.

####

About Green Earth Technologies, Inc.
Green Earth Technologies produces "G" - Branded superior performing totally green products made with American-grown base oils that utilize the power of nanotechnology to deliver environmentally friendly products with no compromise...meaning, consumers can now "do their part" without having to give up performance or value - Save the Earth - Sacrifice Nothing. The G-Brand family of products include G-OIL™, G-WASH™, G-GLASS™, G-SCENT™, G-WHEEL™ and G-TIRE™, and are offered in a wide range of automotive categories including performance & appearance chemicals. Please visit www.GETgreenearth.com or www.getg.com for the latest news and in-depth information about G.E.T. and its brands.

SAFE HARBOR STATEMENTS:

Certain statements in this release regarding future events and developments, future performance, management's expectations, beliefs, plans, or projections are "forward looking statements" within the meaning of the federal securities laws. Such statements are subject to a number of risks and uncertainties, and are based on the Company's current expectations, and speak only as of the date of such statements. Actual Company results may differ materially from any forward-looking statements due to such risks and uncertainties.

For more information, please click here

Contacts:
ICR
Media:
Brian Ruby, 203-682-8268

or
Investors:
Ina McGuinness, 310-954-1100

Copyright © Business Wire 2008

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Fonon Announces 3D Metal Sintering Technology: Emerging Additive Nano Powder Manufacturing Technology August 28th, 2014

Ultra-Low Frequency Vibration Isolation Stabilizes Scanning Tunneling Microscopy at UCLA’s Nano-Research Group August 28th, 2014

Novel 'butterfly' molecule could build new sensors, photoenergy conversion devices August 28th, 2014

New technique uses fraction of measurements to efficiently find quantum wave functions August 28th, 2014

Products

QuantuMDx announce prototype handheld lab for 15 minute malaria diagnosis and drug resistance testing April 23rd, 2014

Nanovations Sets new Benchmark in Automotive Windscreen Coating Durability: Nanovations new automotive glass coating Vision Protect, sets new benchmark in glass coating durability March 23rd, 2014

Tawada CleanTech to show fabric duct and eco cool coating in MegaBuild March 21st, 2014

NEI Introduces Self-healing Anti-corrosion Coating for Zinc-Plated and Galvanized Steel March 14th, 2014

Announcements

Leading European communications companies and research organizations have launched an EU project developing the future 5th Generation cellular mobile networks August 28th, 2014

Ultra-Low Frequency Vibration Isolation Stabilizes Scanning Tunneling Microscopy at UCLA’s Nano-Research Group August 28th, 2014

Novel 'butterfly' molecule could build new sensors, photoenergy conversion devices August 28th, 2014

New technique uses fraction of measurements to efficiently find quantum wave functions August 28th, 2014

Patents/IP/Tech Transfer/Licensing

AQUANOVA receives Technology Leadership Award 2014 FROST & SULLIVAN honors NovaSOL® Technology again August 12th, 2014

Blacktrace Holdings Ltd. to in-license PerkinElmer Technology August 8th, 2014

Silicene Labs Announces the Launch of Patent-Pending, 2D Materials Composite Index™ : The Initial 2D Materials Composite Index™ for Q2 2014 Is: 857.3; Founders Include World-Renowned Physicist and Seasoned Business and IP Professionals July 24th, 2014

UCF Nanotech Spinout Developing Revolutionary Battery Technology: Power the Next Generation of Electronics with Carbon July 23rd, 2014

Automotive/Transportation

Fonon Announces 3D Metal Sintering Technology: Emerging Additive Nano Powder Manufacturing Technology August 28th, 2014

SouthWest NanoTechnologies CEO Dave Arthur to Discuss “Carbon Nanotubes and Automotive Applications” at The Automotive Composites Conference and Expo 2014 (ACCE2014) August 28th, 2014

Creation of a Highly Efficient Technique to Develop Low-Friction Materials Which Are Drawing Attention in Association with Energy Issues August 26th, 2014

New Method Provides Nanoscale Details of Electrochemical Reactions in Electric Vehicle Battery Materials August 4th, 2014

Alliances/Partnerships/Distributorships

Leading European communications companies and research organizations have launched an EU project developing the future 5th Generation cellular mobile networks August 28th, 2014

JPK expands availability of instrumentation in the USA – appointing new distributors – launched a new web site to support the US market - AFM now available to US users August 26th, 2014

Sunblock poses potential hazard to sea life August 20th, 2014

SouthWest NanoTechnologies Appoints Matteson-Ridolfi for U.S. Distribution of its SMW™ Specialty Multiwall Carbon Nanotubes August 13th, 2014

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More














ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE