SOURCE: GDT TEK, INC.

September 07, 2010 08:00 ET

GDT Tek's Subsidiary RTR Receives Its Second Twenty Year Power Purchase Agreement From Pacific Gas and Electric (PG&E)

ORLANDO, FL--(Marketwire - September 7, 2010) -  GDT TEK (PINKSHEETS: GDTK) today announced that its subsidiary RTR Global Investments, LLC acquired its second Power Purchase Agreement (PPA) from Pacific Gas and Electric Company (PG&E). The term of the contract is for 20 years. The contract states that PG&E will purchase all electricity produced by GDT TEK's subsidiary RTR Global up to 1.5 Megawatt (MW). RTR's patented GREEN process will convert waste heat into electricity at the facilities located at the Santa Cruz Landfill (604 Dimeo Lane, Santa Cruz, California 95060) tiered over the 20 year term and purchase prices ranges between $.09/KW to $.12/KW.

President Bo Linton stated, "With up to $100 million debt financing obtained through Janco Partners and Business Interruption Insurance obtained through Willis Insurance we are implementing our 9MW Power Purchase Agreements as we begin deployment of our Green equipment at these land fill locations. We are very pleased to be working with the reputable companies PG&E, Janco Partners, and Willis Insurance. As always, we invite questions from our shareholders so we can address them in our upcoming Webinar."

Shareholders and investors that wish to participate in September 15th Webinar are invited to send their questions in advance to shq@gdttek.com

About GDT Tek

GDT TEK, INC is an Orlando, Florida-based publicly traded company (PINKSHEETS: GDTK) focused on renewable and sustainable energy technologies. The company has licensed patented waste heat to electric power generation technology and is driving its adoption by power plants, landfills and other waste-heat generating industries. GDT TEK's waste heat to electricity systems are powerful enough to serve as a primary energy source, highly efficient, immediately cash-flow positive when installed under a Power Purchase Agreement and are scalable with system sizes from 150 KW/Hr to 5000 KW/Hr currently available. The GDT TEK system has been proven through a long-term five year installation at a San Jose, California-area landfill. Waste heat captured from landfill-generated methane gas generator engine exhaust and radiator jacket coolant systems is used by the GDT TEK system to generate electricity which is then sold to the grid. Professor Robert W. Dibble of the University of California at Berkeley assessed the GDT TEK system and stated that "of the many technologies that I have evaluated over the course of the past several decades, GDT TEK's heat to power conversion solution has proven to be the most reliable, versatile, efficient, lowest emissions, and overall cost-effective solution available in today's changing world market."

About RTR Global Investments

RTR Global Investments, LLC is a wholly owned subsidiary of GDT Tek, Inc. Its holds projects, contracts, and power purchase agreements for its parent company GDT Tek, Inc.

About Pacific Gas and Electric (PG&E)

Pacific Gas and Electric Company, incorporated in California in 1905, is one of the largest combination natural gas and electric utilities in the United States. Based in San Francisco, the company is a subsidiary of PG&E Corporation trading on the NYSE under the symbol PCG. There are approximately 20,000 employees who carry out Pacific Gas and Electric Company's primary business -- the transmission and delivery of energy. The company provides natural gas and electric service to approximately 15 million people throughout a 70,000-square-mile service area in northern and central California. Pacific Gas and Electric Company and other utilities in the state are regulated by the California Public Utilities Commission.

GDT TEK, INC.'s website is www.gdttek.com, which is in the process of being updated; please sign up for our newsletter (http://www.gdttek.com/info-signup.php) for future information about the company.

About Janco Partners Investment Banking:

Janco Partners' investment banking group specializes in providing capital raising and mergers and acquisitions advisory services. Janco Partners arranges financing of $3 - $150 million for companies seeking capital for growth or expansion. We also provide sell side and buy side mergers and acquisitions advisory services. Our expertise in telecommunications, technology, cable television, media, entertainment, energy and related industries provides us with unique access to strategic investors, buyers and sellers in each vertical. Our extensive list of institutional contacts provides clients with unparalleled access to investors with deep knowledge of our clients' businesses.

About Willis Insurance Services

Willis Insurance Services is part of Willis Group Holdings PLC, trading on the NYSE under the symbol (WSH), is a global insurance broker. The Company is the ultimate holding company for the Willis Group. It provides a range of insurance brokerage, reinsurance and risk management consulting services to its worldwide clients, both directly and indirectly through its associates.

Safe Harbor Statement: This release includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as GDTK 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.

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