GreenMan Technologies Retains Institutional Marketing Services to Lead Investor Relations Initiatives

SAVAGE, MN--(Marketwire - July 25, 2007) - GreenMan Technologies, Inc. (OTCBB: GMTI), a leading recycler of over 12 million scrap tires per year in the United States, announced the Company has retained Institutional Marketing Services ("IMS") (www.institutionalms.com), a full service investor relations firm.

Lyle Jensen, Chief Executive Officer of GreenMan, stated, "Our Company has weathered some challenging times and is now poised to reassert its unique position as one of the country's only publicly traded tire recyclers. We recognize the growing opportunities within our industry and are focused on pursuing technological processes and marketing programs designed to maximize the transformation of recycled materials into renewable fuel, alternative energy, reusable feedstock and innovative recycled products. As we move forward, we are pleased to be working with IMS, a firm well-suited to assist us in communicating our company's vision and achievements given their extensive experience developing and implementing strategic investor relations programs."

John Nesbett, Founder and President of IMS, commented, "GreenMan Technologies is at the final stages of executing an impressive turnaround that has strengthened the Company and resulted in organic revenue growth, expanding margins and improved cash flow. The Company is now in a solid position to strengthen its leadership position as a regional tire recycler while expanding its focus to include the development and production of new tire derived products as well as other potential recycled materials. We look forward to conveying the company's reemergence and vision for the future to a broader investor audience."

About GreenMan Technologies

GreenMan collects and recycles over 12 million tires annually into alternative fuel, alternative energy and innovative products. Today, our products are used as an efficient alternative fuel in large industrial boilers, as a substitute for crushed stone in civil engineering applications and as crumb rubber in playground and sport surfaces, rubberized asphalt and landscaping applications. We pursue technological processes and unique marketing programs intended to maximize the value of each tire we manage. To learn more, please visit our website at www.greenman.biz.

About Institutional Marketing Services (IMS)

Institutional Marketing Services, Inc. (IMS) is a full-service investor relations firm that offers a fresh and sensible approach to building reach in the investment community. The mission of the firm is simple: to make investor relations strategic and measurable. IMS provides a level of objective and subjective targeting analysis unmatched in the industry and strategic consulting rooted in many years of experience helping public companies amplify their message to Wall Street.

"Safe Harbor" Statement: Under the Private Securities Litigation Reform Act

With the exception of the historical information contained in this news release, the matters described herein contain "forward-looking" statements that involve risk and uncertainties that may individually or collectively impact the matters herein described, including but not limited to the possibility that we may not be able to secure the financing necessary to return to profitability, the possibility that the delisting of our stock by the American Stock Exchange could substantially limit our stock's future liquidity and our ability to raise capital, the possibility that we may not realize the benefits of product acceptance, economic, competitive, governmental, seasonal, management, technological and/or other factors outside the control of the Company, which are detailed from time to time in the Company's SEC reports, including the annual report on Form 10-KSB for the fiscal period ended September 30,2006. The Company disclaims any intent or obligation to update these "forward-looking" statements.

Contact Information: Contacts: Chuck Coppa CFO Or Lyle Jensen CEO GreenMan Technologies 800-526-0860