SOURCE: Geotec Thermal Generators Inc.

June 06, 2007 15:01 ET

Geotec, Inc. Continues Filings With the Securities and Exchange Commission

DELRAY BEACH, FL--(Marketwire - June 6, 2007) - Geotec, Inc. (PINKSHEETS: GETC) confirmed today that it has filed with the Securities and Exchange Commission its quarterly report on Form 10-QSB for the period ending March 31, 2006. The Company also confirmed its commitment to continue efforts to file all past due periodic reports with the SEC. "It is one of the short term goals of the Company to file all past due periodic reports with the SEC and to seek re-listing of the Company's securities on the Over-The-Counter Bulletin Board market," stated Bradley T. Ray, Geotec CEO.

Geotec is a Green Energy Technology Company. Geotec has operations in the United States and Argentina and utilizes proteins and enzyme technology to chemically convert hydrocarbons to commercially higher value coal. The technologies are also used to purify hydrocarbons, such as coal or oil, of heavy metals and other contaminants such as sulfur, arsenic and mercury to prevent or correct pollution in the air, water or soils. In addition, hydrocarbon contaminated soils can be re-vegetated and re-forested after treatment with Geotec's proprietary protein/enzyme technology. Geotec has completed its first commercial scale bio-refinery at a facility located in Fredrictown, Pennsylvania and has commenced operations involving the treatment of waste coal with its proprietary protein/enzyme technology.

Statements in this release, which relate to other than strictly historical facts, including statements about the Company's plans and strategies, as well as management's expectations about new and existing products and services, technologies and opportunities, market growth, demand for new and existing products and services, are forward-looking statements. The words "believe," "expect," "anticipate," "estimate," "project," "intend" and similar expression identify forward-looking statements that can speak only as of the date hereof. This press release contains certain forward-looking statements regarding Geotec, its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause Geotec's actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. The Company assumes to obligation to notify of any changes, other than material events as required by the Securities and Exchange Commission. Readers are urged to carefully review and consider the various disclosures made by Geotec in this new release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect Geotec's business.

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