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Green Earth Technologies (Pink Sheets: GETG), a leading manufacturer and marketer of "green" environmentally safe consumer packaged goods and products, announced today a distribution deal with Green Planet Products, LLC, of Schenectady, New York (GPP).
Under the agreement, GPP will be the bulk distributor of the full line of "G"-Branded products in the North East and Mid Atlantic, penetrating various market segments such as automotive manufacturers, car rentals, municipalities, schools and hospitals. Green Planet Products, LLC is an affiliated company of the Galesi Group, which has bulk infrastructure facilities as well as truck and rail systems already in position in the North East and Mid Atlantic.
"We are delighted to sign a long term deal with Green Planet Products, LLC, allowing us to supply and support large users with GET products, seamlessly flowing into new markets through existing channels," said Jeff Marshall, Chairman and CEO of Green Earth. "We have been building our brand to reach large bulk users over the last year and this new deal is a huge milestone for our company."
Francesco Galesi, Chairman of The Galesi Group said, "New Technology that enhances and protects our environment is in the forefront of much of today's thinking. The Galesi Group is excited to be a part of Green Earth Technologies advanced processes for reducing emissions, improving performance and providing a unique model of sustainability. We believe that our bulk distribution facility will provide hospitals, schools, resorts, and municipalities with the environmentally safe alternative to their currently used engine oils, lubricants, cleaning solutions, herbicides and pesticides. We believe this is the wave of the future and we are pleased to be leading this effort."
Green Earth Technologies produces a full line of "G"-Branded products that are all recyclable, renewable, biodegradable and environmental friendly. These products include G-OIL, the world's first bio-based motor oil to achieve the API "Donut" for SAE-5W30. Unlike traditional petrochemical-based motor oils from leading manufacturers, Green Earth Technologies' G-OIL is made with American-grown renewable animal fats.
Made from American-grown plant oils, the "G"-Branded automotive appearance products use plant oils to create 1-4 nanometer sized "micelles" that penetrate dirt, breaking it into billions of little particles that constantly repel each other until eaten by the micro-organisms and bacteria living in the ground. G-WASH Heavy Duty Car Wash and G-CLEAN Organic Glass Cleaners are among GET's best selling appearance products to date.
Statements made in this release that relate to future plans, events, financial results or performance are forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995. These statements are based upon current information and expectations. Actual results may differ materially from those anticipated as a result of certain risks and uncertainties. Investors should also be aware that while the Company from time to time does communicate with securities analysts, it is against the Company's policy to disclose to them any material non-public information or other confidential commercial information. Investors should not assume that the Company agrees with any report issued by any analyst or with any statements, projections, forecasts or opinions contained in any such report.
About Green Earth Technologies
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(TM), G-LUBE (TM), G-WASH(TM), G-GLASS(TM), G-CLEAN(TM), G-SCENT(TM), G-WHEEL(TM), G-PROTECT(TM) and G-TIRE(TM), and are offered in a wide range of automotive categories including performance and appearance chemicals. GET products are now available at The Home Depot, Meijers, Kroger, Albertson's, Giant, Shop Rite, VIP, National Auto, Fred Meyer, participating ACE & True Value dealers, Redners, Trader Horns, The Andersons, Biggs, Bennett Auto, Frank's Auto Supermarket and Amazon.com. Please visit www.getG.com for the latest news and in-depth information about GET and its brands.
About the Galesi Group
Founded in 1969, the Galesi Group is among the leading industrial real estate development firms in the Northeast. With more than 10 million square feet of existing buildings and 1,000 acres of Industrial property the Galesi Group owns one of the largest, most versatile third-party logistics companies in the region. For over 40 years the Galesi Group's Logistics Division has provided customized supply chain management solutions to Fortune 500 companies. In addition to its industrial real estate and distribution expertise the Galesi Group has diversified into commercial and multi-family real estate as well as the exploration and production of natural resources. The Galesi Group is headquartered in the Albany (NY) area and operates in 11 different States. Please visit Galesi.com for more information about the company.
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Green Earth Technologies, Inc.
3 Stamford Landing, Suite 200
Stamford, CT 06902
Phone: 877.GET.GRN1 (877.438.4761)
Fax: 877.GET.FAX3 (877.438.3293)
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