TAMPA, FL--(Marketwired - Jan 16, 2014) - Kleangas Energy Technologies, Inc. (OTCQB: KGET) is pleased to report that our Subsidiary Green Day Technologies, has received and accepted an order for between 5,000 to 10,000 Metric Tons of pellets to be delivered per month to South Korea. This one agreement runs for a full 12 month period and represents a minimum of over $800,000 to as much as $1,700,000 per month of income.
Green Day has several additional similar requests and expects more agreements to be processed over the next few months. Kleangas Energy's Subsidiary, Green Day, has secured the ability to deliver the quantities for this order and is in the process to greatly expand on production capabilities in the near term. As Green Day expands production capabilities, several more orders will be accepted. Demand for these pellets has been dramatically increasing and is expected to continue to do so due to the increasing environmental pressures to burn cleaner and more environmentally friendly products than coal and crude products.
Bo Linton CEO of Kleangas Technologies, Inc., stated, "This first agreement for the Company represents gross income of a minimum of $10,000,000 to over $20,000,000 for the year. This Income could be doubled or tripled over the next 12 months due to the ever increasing demand for pellets in both domestic and oversea markets. Kleangas is perfectly positioned in the market place as a clean energy producer."
William Wylie, President of Kleangas Energy Technologies, Inc., will be appearing on MoneyTV ( www.moneytv.net ) Friday January 17, 2014.
Kleangas:
Kleangas Energy Technologies is a research and development company dedicated to producing alternative clean technologies that promote energy efficiency throughout a wide range of applications. Kleangas designs, develops and markets various technologies including Oxy-Hydrogen on-demand generators, Reverse Fuel Cells, solar to Hydrogen fuel cells, and other products to deliver a clean gas that provides energy savings, emissions reductions of diesel fuel, and other natural gas applications. All of our products are designed to assist companies in reducing operational costs, providing a competitive advantage and increasing our customers' profitability. Green Day Technologies Inc. has licensed patented waste heat to electric power generation technology and works as a co-generator when installed on a primary electrical generator unit. It is also powerful enough to serve as a primary energy source. Green Day also has pending contracts to sell refuse and biomass derived pellets which are alternatives to producing electricity instead of the traditional method of burning coal.
Safe Harbor Statement:
Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Kleangas or KGET or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
Company Contact:
Kleangas Energy Technologies, Inc.
http://www.kleangas.com/
Telephone 1-888-720-0806
FAX: 1-888-720-0806
E-mail: info@kleangas.com
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