SOURCE: GelTech Solutions, Inc.

GelTech Solutions, Inc.

October 04, 2013 07:30 ET

GelTech Announces Appointment of Mr. Neil Reger to Its Board of Directors

JUPITER, FL--(Marketwired - Oct 4, 2013) - GelTech Solutions, Inc. (OTCBB: GLTC) (OTCQB: GLTC), creators of FireIce, a revolutionary water enhancing fire suppressant that has the potential to change current firefighting techniques, announces the Board of Directors has appointed Mr. Neil Reger as GelTech's newest board member.

The Board selected Mr. Reger due to his proven track record, spanning over 45 years. His career began at the Internal Revenue Service (IRS). He then became Tax Director for a major US Fortune 500 multinational manufacturing company. Over the course of his career, he has developed and demonstrated strong consultative and executive decision making skills. Mr. Reger is also a successful entrepreneur and highly skilled investor.

Mr. Reger stated, "I am excited to join GelTech along with its management team that I've known for a number of years. I look forward to assisting management as we work toward building GelTech into a profitable and successful organization. Our first priorities are to increase shareholder value and to increase the various customer bases for our products that will result in revenue growth and eventual profitability."

"We welcome Neil to our Board and are confident that his vast experience and skills will enhance our Board and strengthen their ability to support management as we strive to increase shareholder value," said Michael Cordani, Chairman and CEO of GelTech Solutions, Inc. 

About GelTech Solutions, Inc.

GelTech Solutions creates innovative, Earth-friendly, cost-effective products that help industry, agriculture, and the general public achieve environmental and safety goals such as water conservation and protecting lives, homes and property from fires. All the products currently marketed by GelTech Solutions, Inc. were created for the Company by inventor and chief technology officer, Peter Cordani.

FireIce is a patent pending fire suppressant used for direct attack of fires as well as a medium term retardant for structure protection. FireIce can be used in all types of apparatus: fire extinguishers, pumper trucks, aerial units for wildfires and home defense units for personal home protection.

GelTech has recently developed the patent pending Emergency Manhole FireIce Delivery System (EMFIDS) which is an innovative system designed to deliver a mixture of FireIce and water into a manhole in order to coat the ladder and the utility worker in the event of an incident involving an explosion or fire in the manhole while utility workers are performing routine repairs or maintenance.

GelTech also markets Soil2O which is both a non-toxic soil conditioner and a dust abatement product. Soil2O "Dust Control" products and solutions stop all types of particulate matter from entering the air and water, solving even the most stubborn dust control problems. Soil2O Granular and Topical blends reduce water consumption up to 50% and promote healthy root development in plants and lawns, generating faster seed germination by keeping nutrients and moisture at the root level longer.

For more information on GelTech, please visit:

Cautionary Note Regarding Forward Looking Statements

This press release contains forward-looking statements including the Company becoming profitable, revenue growth and increased customer bases. Forward-looking statements can also be identified by words such as "targets," "expects," "believes," "anticipates," "intends," "may," "will," "plan," "continue," "forecast," "remains," "would," "should," and similar expressions. Forward-looking statements are based on current expectations, are not guarantees of future performance and involve assumptions, risks, and uncertainties. Actual performance and results may differ materially from those contemplated by the forward-looking statements. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include competition and reluctance to try new products. Further information on our risk factors is contained in our filings with the SEC, including the Form 10-K filed on September 27, 2013. Any forward-looking statement made by us in this press release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

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