SOURCE: GreenChek Technology Inc.

GreenChek Technology Inc.

June 10, 2010 08:45 ET

GreenChek Delivers Fuel Savings With ERD™-3.0

SAN FRANCISCO, CA--(Marketwire - June 10, 2010) -  GreenChek Technology Inc. (OTCBB: GCHK) is pleased to announce that its ERD™-3.0, a greenhouse gas emissions reduction and fuel economy enhancement product, has demonstrated fuel efficiency savings of 9-11% on heavy duty vehicles in France.

Tests of the proprietary ERD™-3.0 units over a two year period have shown 9.3% to 11.5% in fuel savings and a quick return on investment. Third party verified field trials in France were completed last week. Based on current European fuel prices and 120,000 miles driven per annum, with 2,400 miles driven per tank of fuel, return on investment on the ERD™-3.0 equates to less than seven months. Because of the technology's scalability and versatility, future versions will be readily adaptable to different engine types, enabling the Company to address sales opportunities in a variety of industry vertical markets.

According to the European Commission (2008), there have been significant improvements over recent years in emissions technologies, resulting in better fuel efficiency and lower CO2 emissions -- but these have not been enough to neutralize the effect of increases in traffic, distance and vehicle size. The European Union's strategy aims to achieve a target of 120g CO2/km by 2012 for passenger vehicles. In the U.S. there are fuel consumption standards for passenger vehicles but no such regulation for medium and heavy duty vehicles. In response to legislation passed in Congress in 2008, the U.S. Department of Transportation is required to establish fuel economy standards for these vehicles for the first time in history in the very near future.

Lincoln Parke, President and Chief Executive Officer, stated, "The ERD™-3.0 is a smart solution to save on transportation companies' fuel costs. We are thrilled to have been able to achieve this spectacular result, one that bodes well for the pipeline of new customers throughout Europe that have expressed interest in using the ERD™-3.0. This product is our solution for consumers to save money while at the same time helping the environment."

About GreenChek
GreenChek Technology Inc. is traded under the symbol GCHK on the OTCBB exchange and is based in San Francisco, California. GreenChek manufactures and distributes hydrogen injection technology that is primarily focused on mobile transportation applications, as well as stationary power generation applications. GreenChek manufactures an emission reducing device simply known as the ERD™, which can be retrofitted to any vehicle regardless of fuel source.  GreenChek provides innovative world-class mobile Greenhouse Gas (GHG) emissions reduction technology, while greatly enhancing fuel economy for the mobile transportation industry. GreenChek's Onboard Hydrogen Generation and Injection (OHGI) technology is positioned to occupy the pre-eminent position in the emerging market for emissions reduction technology and fuel economy enhancement. Please visit our website: www.greenchektech.com.

Safe Harbor Statement
Statements in this press release regarding GreenChek's products, services, capabilities, performance, opportunities, development and business outlook that are forward-looking involve and are subject to known and unknown risks, uncertainties and other factors, some of which are beyond GreenChek's control and difficult to predict, and could cause actual results to differ materially from those anticipated, expressed or forecasted in the forward-looking statements. Such risks and uncertainties may include, but are not limited to: lack of operating history, transitioning from a development company to an operating company, difficulties in distinguishing GreenChek's products and services, ability to manufacture and deploy GreenChek's products, lack of or delay in market acceptance and fluctuations in customer demand, dependence on a limited number of significant customers, reliance on third party vendors and strategic partners, availability of raw materials, subassemblies and components, ability to meet future capital requirements on acceptable terms, continuing uncertainty in the emissions reduction industry and the global economy, compliance with federal and state regulatory requirements, timing, availability and success of new technology and product introductions and the other factors discussed in GreenChek's filings with the Securities and Exchange Commission.

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