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

Searching for errors in the quantum world September 21st, 2018

Viral RNA sensing: Optical detection of picomolar concentrations of RNA using switches in plasmonic chirality September 21st, 2018

UT engineers develop first method for controlling nanomotors: Breakthrough for nanotechnology as UT engineers develop first method for switching the mechanical motion of nanomotors September 21st, 2018

Nanobiotix: Update on Head and Neck Phase I/II Trial with NBTXR3 and Other program data presented at ImmunoRad 2018 September 20th, 2018

Products

CTI Materials drives nano commercialization with it's patented surfactant free nanoparticle dispersions August 15th, 2018

NEI Corporation introduces UV-Protect Technology to NANOMYTE® Coating Line April 9th, 2018

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

Announcements

Searching for errors in the quantum world September 21st, 2018

Viral RNA sensing: Optical detection of picomolar concentrations of RNA using switches in plasmonic chirality September 21st, 2018

UT engineers develop first method for controlling nanomotors: Breakthrough for nanotechnology as UT engineers develop first method for switching the mechanical motion of nanomotors September 21st, 2018

Nanobiotix: Update on Head and Neck Phase I/II Trial with NBTXR3 and Other program data presented at ImmunoRad 2018 September 20th, 2018

Patents/IP/Tech Transfer/Licensing

Silvaco, Purdue team up to bring scalable atomistic TCAD solutions for next generation semiconductor devices and materials August 24th, 2018

CTI Materials drives nano commercialization with it's patented surfactant free nanoparticle dispersions August 15th, 2018

Sirrus's Issued Patent Portfolio Continues To Accelerate July 18th, 2018

Changing the grocery game: Manufacturing process provides low-cost, sustainable option for food packaging June 26th, 2018

Automotive/Transportation

A Comprehensive Guide: The Future of Nanotechnology September 13th, 2018

Mirrorcle Demonstrates MEMS-based Programmable Light Source at CES and PW18 August 30th, 2018

Strategic Materials Conference 2018 Highlights “Materials Shaping the Future of Electronics” July 30th, 2018

Researchers use nanotechnology to improve the accuracy of measuring devices July 24th, 2018

Alliances/Trade associations/Partnerships/Distributorships

Leti Announces EU Project to Develop Powerful, Inexpensive Sensors with Photonic Integrated Circuits: REDFINCH Members Initially Targeting Applications for Gas Detection and Analysis For Refineries & Petrochemical Industry and Protein Analysis for Dairy Industry September 19th, 2018

Leti & EFI Aim to Dramatically Improve Reliability & Speed of Low-Cost Electronic Devices for Autos: Project Will Extend Model Predictive Control Technique to Microcontrollers, Digital Signal Processors and Other Devices that Lack Powerful Computation Capabilities September 18th, 2018

Silvaco, Purdue team up to bring scalable atomistic TCAD solutions for next generation semiconductor devices and materials August 24th, 2018

Leti & CMP Announce World’s First Multi-Project-Wafer Service with Integrated Silicon OxRAM: Oxide-Based Resistive Ram Memory Platform Development for Backend Memories To Offer Non-Volatility Associated with Embedded Designs August 2nd, 2018

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



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project