SOURCE: Geotec, Inc.

June 16, 2008 09:57 ET

Geotec, Inc. to Host Open House and Teleconference Call to Shareholders June 19th

DELRAY BEACH, FL--(Marketwire - June 16, 2008) - Geotec, Inc. (PINKSHEETS: GETC) announced today that it will hold an open house on Thursday, June 19, 2008 from 10:00 AM to 3:00 PM for shareholders. Two shareholders have requested an introductory meeting to discuss technology. Therefore, Geotec, Inc. invites all shareholders to attend the meeting at Geotec's headquarters at 110 E Atlantic Avenue, Suite 200, Delray Beach, Fl 33444. For those who cannot attend the meeting there will be a teleconference call between 2:00 to 3:00 PM to answer all technology related questions. The educational meeting and conference call is limited to Geotec's proprietary technology to convert lower value hydrocarbon feedstocks to cleaner and higher value commercial products and, in the process, produce remediated byproducts.

Geotec will be giving an overview of its technology, present state of implementation as well as an update on Geotec's additional initiatives, including but not limited to, the status of its asphaltite to diesel fuel bio-refining program, transesterification of ethanol into bio-fuels and bio-crude, environmental remediation, preliminary stages of carbon sequestration and its process to decontaminate gasses containing impurities.

During the presentation technology-related questions can be emailed to and will be answered in the order that they are received. The conference call can be accessed by dialing a direct toll access number at (978)964-0049. The participant pass code to access the call is 808355#. For questions please contact Richard Kaneb at (888)429-6210 or Jereme Brancheau at (561)276-9960.

About Geotec, Inc.

Geotec, Inc. (PINKSHEETS: GETC) 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, the Company owns process technologies that can remediate hydrocarbon-contaminated soils. The Company's assets in Argentina are comprised of the mineral rights in seven Asphaltite (high-volatile hydrocarbon material) mines.

Safe Harbor

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 no 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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