SOURCE: KleanGas Energy Technologies, Inc.
TAMPA, FL--(Marketwired - Jan 8, 2014) - Kleangas Energy Technologies, Inc. (OTCQB: KGET) is pleased to report that our Subsidiary G-PEL, has been presented with multiple offers to supply Pellets to Canada, Europe, and Asia. G-Pel is currently in negotiations with various Pellet Buyers from these regions. These shipments are expected to begin before the end of the first Quarter of 2014.
G-Pel also has several requests for Exclusive Country representation, which we will consider on a case-by-case basis. The explosive demand for wood pellets is fueled by Environmental legislation throughout Europe and much of Asia. This has created a huge, profitable, and rapidly growing market demand for Pellets to be supplied by US producers. This large increase of interest for G-Pell to deliver RDF Pellets to sales and distribution organizations from selected regions around the world is due to the ability of Kleangas Energies' subsidiary to deliver large quantities of RDF Pellets. This is why Kleangas subsidiary G-Pell is so well positioned in this industry.
Maxine Pierson, Executive Vice President, stated, "We feel we are very well positioned in this sector and see excellent growth opportunities due to the demand for pellets."
Kleangas Energy Technologies, Inc., CEO Bo Linton will provide a Company update at www.kleangas.com January 9, 2014.
Kleangas Energy Technologies is a research and development company dedicated to producing alternative clean technologies that promote energy efficiency throughout a wide range of applications. Kleangas designs, develops and markets various technologies including Oxy-Hydrogen on-demand generators, Reverse Fuel Cells, solar to Hydrogen fuel cells, and other products to deliver a clean gas that provides energy savings, emissions reductions of diesel fuel, and other natural gas applications. All of our products are designed to assist companies in reducing operational costs, providing a competitive advantage and increasing our customers' profitability. Green Day Technologies Inc. has licensed patented waste heat to electric power generation technology and works as a co-generator when installed on a primary electrical generator unit. It is also powerful enough to serve as a primary energy source. Green Day also has pending contracts to sell refuse and biomass derived pellets which are alternatives to producing electricity instead of the traditional method of burning coal.
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Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Kleangas or KGET or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.