SOURCE: Green Energy Solution Industries, Inc.; SATMax Corp.

November 17, 2011 08:30 ET

GESI Technology Selection Aims to Be Fully Financed, With Proven up to $15M Annual Revenue

HOUSTON, TX--(Marketwire - Nov 17, 2011) - Green Energy Solution Industries, Inc. (PINKSHEETS: SATM) announces that it has narrowed its technology selection to negotiations with a proven provider for creation of energy from waste rail ties in order to target the full revenue of $15,000,000 annually. The targeted technology has been proven at over 100 commercial sites worldwide; over 20 plants being between 100 tons and up to 200 tons per day waste to energy remediation plants. The targeted technology has also been consistently proven adept for use with waste rail ties of which GESI has secured as a large source of feedstock. GESI is also targeting a 20 megawatt size electrical production plant for its site in Alberta.

The targeted technology comes with full financing being available for the GESI plant. With the availability of energy credit payments, repayment of any financing terms by GESI looks easily achievable.

"The proven commercial ability of the targeted technology, and the company's specific expertise using rail ties makes it very attractive," stated CEO Gordon MacKay. "We expect our technology search may be shortened significantly by this provider."

The breakdown of the rail ties is already accomplished on site from the normal processing at the location by GESI's partner company, On Track Railway Servicing. The ability to use the small chips of creosote soaked rail ties for energy creation makes for a predictable energy output for the chosen technology.

About GESI
Green Energy Solution Industries, Inc. is a project developer for renewable energy projects in Canada. Utilizing in-depth due diligence, GESI has developed business plans, contracts and agreements with resource providers, land owners, waste sources, technology providers, and government entities for the placement of renewable energy projects. GESI is now a public company with offices in Houston, Texas and Alberta, Canada. For More Information on GESI see the web site at

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans,"" projected," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

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