SOURCE: Green Planet Group, Inc.

Green Planet Group, Inc.

July 12, 2012 08:50 ET

Green Planet Announces Transportation Initiative

SCOTTSDALE, AZ--(Marketwire - Jul 12, 2012) - Green Planet Group, Inc. (PINKSHEETS: GNPG) announced today that its wholly owned subsidiary XenTx Lubricants, Inc., has launched a new transportation initiative directed towards large transportation fleets. The majority of these fleets consume enormous amounts of diesel fuel and as the price of fuel increases, the resulting negative impact on profits is significant. For many fleets, fuel is now their largest expense.

This new XenTx initiative is based on a new series of heavy-duty products, specially formulated for commercial users, which have been proven to improve fuel economy and reduce emissions. The Company developed a new website -- www.xentxhd.com which includes a new Fuel Savings Calculator that allows any interested party to enter basic data regarding their fleet and instantly view their annual fuel savings. The report can then be e-mailed back to the user for further analysis. Throughout years of testing the XenTx Diesel Fuel additive, the average fuel savings has been 4.6% and we are so confident that we will guarantee these results or reimburse the purchase price. To our knowledge, XenTx Lubricants is the first fuel additive company to offer a 100% money back guarantee.

In addition, the new website includes a portal to the XenTx Synergyn e-commerce site that permits the immediate purchase of the XenTx Diesel Fuel additive. Graham Pettifer, Chief Technology Officer, states, "Allowing the fleet operator to easily and quickly view the calculated savings from using our diesel fuel additive should improve sales. Recently we have seen a five-fold increase in web traffic as fleet operators search for ways to reduce fuel costs."

Edmond L. Lonergan, President & CEO, added, "This new initiative will expose our technology to many new potential customers which should result in increased revenues thereby helping Green Planet meet its profit objectives."

About Green Planet Group

Green Planet Group, Inc. (PINKSHEETS: GNPG) is based in Scottsdale, Arizona and engages in ongoing research and development to create products and services that enhance our environment. The Company's revenues are currently derived from the production and distribution of fuel-based energy conservation and clean-air products, as well as through the placement of members of the growing ranks of the unemployed into meaningful "green collar" careers. For additional information, please visit www.greenplanetgroup.com.

SAFE HARBOR: Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results.

Contact Information

  • Investor Relations Contact:

    TEN Associates, LLC
    Tom Nelson
    Managing Director
    Phone: (480) 232-5469