TMGR >> NEWZZZ OUT /// Green Processing Technologies' Subsidiary, KeyEco Tech, Announces Marketing Services Agreement With Advanced Waste & Water Technology, Inc.
Press Release: Green Processing Technologies, Inc. – 27 minutes ago
SWANTON, Md., Sept. 13, 2012 (GLOBE NEWSWIRE) -- Green Processing Technologies, Inc. (TMGR) announced today that its majority-owned subsidiary, KeyEco Tech, Inc., has entered into a Marketing Services Agreement with Advanced Waste & Water Technology, Inc. (AWWT), a company that specializes in chemical and liquid waste removal, waste and water treatment and disposal services.
The agreement outlines that AWWT will provide marketing services to commercialize and increase the awareness and use of KeyEco Tech's water remediation technologies. KeyEco Tech is focused on establishing itself and Green Processing Technologies as a word leader in the remediation of contaminated tailings ponds, or areas of refused mining tailings where water borne refuse material is pumped into a pond to allow the separation of solid particles from the water.
Marketing services as listed in the agreement, will include, but are not limited to the contact and solicitation of companies involved in fracking on the Marcellus Shale, governmental municipal water treatment projects and large-scale private water treatment projects. Additionally, KeyEco Tech has agreed to license its water remediation technologies to AWWT for specific projects.
"We are very excited to enter into this agreement with AWWT, which I believe will achieve great success commercializing KeyEco Tech's water remediation technologies and solutions in a diverse array of markets. Our tailings processing systems provide the world with an environmentally safe and economically efficient alternative to remediate contaminated toxic mining tailings as well as inland or ocean oil spills globally," commented Stephen D. Cummins, CEO of Green Processing Technologies, Inc.
"The safe disposal and clean up of mine waste, including tailings, is generally recognized as the single largest environmental challenge facing the mining industry worldwide and a major expense for mining companies, which makes the revenue opportunity very large for both KeyEco Tech and Green Processing Technologies," continued Cummins.
About Advanced Waste & Water Technology, Inc.
Advanced Waste & Water Technology, Inc. (AWWT) specializes in chemical and liquid waste removal, waste and water treatment and disposal services. AWWT's mission is to provide a variety of water treatment solutions for contaminated water so it can be returned safely to the environment for municipal, private, industrial and commercial clients in all industries. The Company is strategically headquartered in Long Island, NY and segregates its operations into four U.S. states including New York, Pennsylvania, New Jersey, and Connecticut. For more information visit www.awwtinc.com.
About Green Processing Technologies, Inc.
Green Processing Technologies, Inc. (GPTI) is a corporation focused on the development, fabrication and commercialization of green technology designed to establish new environmental standards on a global basis. The Company's technologies presently include Power Generation, Oil Sand Processing, Oil Shale Processing, Inland and Salt Water Oil Spill Remediation, Water Remediation, Water Desalinization and Medical Waste Remediation, and E-Waste Remediation.
For more information visit www.greenprocessingtechnologies.net.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact:
Green Processing Technologies, Inc.
301-387-8088
Posted On: 09/13/2012 8:30:55 AM
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