SOURCE: GreenMan Technologies Inc.

February 16, 2009 09:00 ET

GreenMan Technologies Fiscal 2009 First Quarter Financial Release and Conference Call Alert

CARLISLE, IA--(Marketwire - February 16, 2009) - GreenMan Technologies, Inc. (OTCBB: GMTI) today announced that it plans to release the results for its first fiscal quarter ended December 31, 2008 on Tuesday, February 17, 2009, before the market opens. GreenMan will host a conference call later that morning at 11:00 AM EST in which we will discuss the results for the quarter ended December 31, 2008. To participate, please call 1-877-879-6201 and ask for the GreenMan call using passcode 6834038. A replay of the conference call can be accessed until 11:50 PM on March 3, 2009 by calling 1-888-203-1112 and entering pass code 6834038.


About GreenMan Technologies

GreenMan Technologies pursues technological processes and unique marketing programs to transform recycled materials into innovative recycled products, renewable fuel and alternative energy. Through GreenMan's subsidiary, Welch Products, the company develops and markets branded products and services that provide schools and other political subdivisions viable solutions for safety, compliance and accessibility. The Company's other subsidiary, GreenMan Renewable Fuel and Alternative Energy pursues opportunities focused on the commercialization of products and processes derived from green-based technologies. To learn more about all of the companies, please visit the following websites: www.welchproducts.com; www.nssi-usa.com

"Safe Harbor" Statement: Under the Private Securities Litigation Reform Act

With the exception of the historical information contained in this news release, the matters described herein contain "forward-looking" statements that involve risks and uncertainties that may individually or collectively impact the matters herein described, including but not limited to the facts that we have sold the tire recycling operations which have historically generated substantially all our revenue and that we will be prohibited from competing in that business on a regional basis until 2013, the risk that we may not be able to increase the revenue of our Welch division, the risks that we may not be able to identify and acquire complementary businesses and that we may not be able successfully to integrate any such acquisitions with our current businesses, the risk that we may not be able to return to sustained profitability, the risk that we may not be able to secure additional funding necessary to grow our business, on acceptable terms or at all, the risk that, if we have to sell securities in order to obtain financing, the rights of our current stockholders may be adversely affected, and the risks of possible adverse effects of economic, governmental, seasonal and/or other factors outside the control of the Company, which are detailed from time to time in the Company's SEC reports, including the Annual Report on Form 10-KSB for the fiscal period ended September 30, 2008. The Company disclaims any intent or obligation to update these "forward-looking" statements.

Contact Information

  • Contacts:
    Chuck Coppa
    CFO

    or

    Lyle Jensen
    CEO

    GreenMan Technologies
    781-224-2411