Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

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

Information storage with a nanoscale twist: Discovery of a novel rotational force inside magnetic vortices makes it easier to design ultrahigh capacity disk drives March 28th, 2017

ATTOPSEMI Technology Joins FDXcelerator Program to Deliver Advanced Non-Volatile Memory IP to GLOBALFOUNDRIES 22 FDX® Technology Platform: Leading-edge I-fuse™ brings higher reliability, smaller cell size and ease of programmability for consumer, automotive, and IoT applications March 27th, 2017

Leti and HORIBA Scientific to Host Webinar on Ultrafast Characterization Tool: Plasma Profiling Time-of-Flight Mass Spectrometer Tool Cuts Optimization Time In Layer Deposition and Fabrication of Wide Range of Applications March 27th, 2017

Laser activated gold pyramids could deliver drugs, DNA into cells without harm: Microstructures create temporary pores in cells March 27th, 2017

Products

STMicroelectronics Peps Up Booming Social-Fitness Scene with Smart Motion Sensors for Better Accuracy, Longer Battery Life, and Faster Time to Market January 2nd, 2017

Cutting-edge nanotechnologies are breaking into industries November 18th, 2016

STMicroelectronics’ Semiconductor Chips Contribute to Connected Toothbrush from Oral-B That Sees What You Don’t: Microcontroller and Accelerometer help brushers clean their teeth more effectively October 4th, 2016

Particle Works launches range of high quality magnetic nanoparticles August 31st, 2016

Announcements

Information storage with a nanoscale twist: Discovery of a novel rotational force inside magnetic vortices makes it easier to design ultrahigh capacity disk drives March 28th, 2017

ATTOPSEMI Technology Joins FDXcelerator Program to Deliver Advanced Non-Volatile Memory IP to GLOBALFOUNDRIES 22 FDX® Technology Platform: Leading-edge I-fuse™ brings higher reliability, smaller cell size and ease of programmability for consumer, automotive, and IoT applications March 27th, 2017

Leti and HORIBA Scientific to Host Webinar on Ultrafast Characterization Tool: Plasma Profiling Time-of-Flight Mass Spectrometer Tool Cuts Optimization Time In Layer Deposition and Fabrication of Wide Range of Applications March 27th, 2017

Laser activated gold pyramids could deliver drugs, DNA into cells without harm: Microstructures create temporary pores in cells March 27th, 2017

Patents/IP/Tech Transfer/Licensing

Laser activated gold pyramids could deliver drugs, DNA into cells without harm: Microstructures create temporary pores in cells March 27th, 2017

Harris & Harris Group Issues Its Financial Statements as of December 31, 2016, Posts Its Annual Shareholder Letter, And Will Host a Conference Call for Shareholders on Friday, March 17, 2017 March 15th, 2017

Intertronics introduce new nanoparticle deagglomeration technology March 15th, 2017

Keystone Nano Announces The US FDA Has Awarded Orphan Drug Designation For Ceramides For The Treatment Of Liver Cancer November 8th, 2016

Automotive/Transportation

ATTOPSEMI Technology Joins FDXcelerator Program to Deliver Advanced Non-Volatile Memory IP to GLOBALFOUNDRIES 22 FDX® Technology Platform: Leading-edge I-fuse™ brings higher reliability, smaller cell size and ease of programmability for consumer, automotive, and IoT applications March 27th, 2017

Promising results obtained with a new electrocatalyst that reduces the need for platinum: Researchers from Aalto University have succeeded in manufacturing electrocatalysts used for storing electric energy with one-hundredth of the amount of platinum that is usually needed March 24th, 2017

CRMGroup in Belgium uses a Deben three point bending stage in the development of new steel & coated steel products for automotive and other industrial applications March 21st, 2017

New nanofiber marks important step in next generation battery development March 14th, 2017

Alliances/Trade associations/Partnerships/Distributorships

ATTOPSEMI Technology Joins FDXcelerator Program to Deliver Advanced Non-Volatile Memory IP to GLOBALFOUNDRIES 22 FDX® Technology Platform: Leading-edge I-fuse™ brings higher reliability, smaller cell size and ease of programmability for consumer, automotive, and IoT applications March 27th, 2017

Leti and HORIBA Scientific to Host Webinar on Ultrafast Characterization Tool: Plasma Profiling Time-of-Flight Mass Spectrometer Tool Cuts Optimization Time In Layer Deposition and Fabrication of Wide Range of Applications March 27th, 2017

AIM Photonics Welcomes Coventor as Newest Member: US-Backed Initiative Taps Process Modeling Specialist to Enable Manufacturing of High-Yield, High-Performance Integrated Photonic Designs March 16th, 2017

Applied Graphene Materials plc - Significant commercial progress in AGM’s three core sectors March 3rd, 2017

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