Contact Information: Contacts: Chuck Coppa CFO Lyle Jensen CEO GreenMan Technologies 781-224-2411 Investor Relations Contacts: John Nesbett Jennifer Belodeau Institutional Marketing Services (IMS) 203-972-9200
GreenMan Technologies Fourth Quarter and Year End Financial Release and Conference Call Alert
| Source: GreenMan Technologies Inc.
CARLISLE, IA--(Marketwire - January 12, 2010) - GreenMan Technologies, Inc. (OTCBB : GMTI ),
today announced that it plans to release the results for its fourth fiscal
quarter and year ended September 30, 2009 on Wednesday, January 13, 2010,
before the market opens. GreenMan will host a conference call later that
day at 2:00 PM EST in which we will discuss the results for the quarter and
fiscal year ended September 30, 2009. To participate, please call
1-877-545-1403 and ask for the GreenMan call using passcode 4891047. A
replay of the conference call can be accessed until 11:50 PM on January 31,
2010 by calling 1-888-203-1112 and entering pass code 4891047.
About GreenMan Technologies
GreenMan Technologies, through its subsidiaries, provides technological
processes and unique marketing programs for alternative energy, renewable
fuels and innovative recycled products. The Company's alternative energy
subsidiary, American Power Group, Inc. (APG) provides a cost-effective
patented duel fuel technology for diesel engines. APG's dual fuel
alternative energy system is a unique external fuel delivery enhancement
system that converts existing diesel engines into more efficient and
environmentally friendly engines that have the flexibility to run on: 1)
diesel fuel and compressed natural gas ("CNG"); 2) diesel fuel and
bio-methane, or 3) 100% diesel fuel depending on the circumstances. The
proprietary technology seamlessly displaces up to 70% of the normal diesel
fuel consumption with CNG or bio-methane and the energized fuel balance
between the two fuels is maintained with a patented control system ensuring
the engines operate to Original Equipment Manufacturers' ("OEM") specified
temperatures and pressures with no loss of horsepower. Installation
requires no engine modification unlike the more expensive high-pressure
alternative fuel systems in the market. Our Green Tech Products
subsidiary, the company develops and markets branded products and services
that provide schools and other political subdivisions viable solutions for
safety, compliance, and accessibility including recycled surfacing. See
additional information at: www.americanpowergroupinc.com and
www.playgroundcompliance.com
"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 risks and uncertainties that may individually or collectively
impact the matters herein described, including but not limited to the facts
that we have sold the tire recycling operations which have historically
generated substantially all our revenue, the risk that we may not be able
to increase the revenue of our Green Tech Products the risks that we may
not be able to identify and acquire complementary businesses and that we
may not be able successfully to integrate any such acquisitions with our
current businesses, the risk that we may not be able to return to sustained
profitability, the risk that we may not be able to secure additional
funding necessary to grow our business, on acceptable terms or at all, the
risk that, if we have to sell securities in order to obtain financing, the
rights of our current stockholders may be adversely affected, and the risks
of possible adverse effects of economic, governmental, seasonal 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, 2008. The Company
disclaims any intent or obligation to update these "forward-looking"
statements.