SOURCE: KleanGas Energy Technologies, Inc.

January 22, 2014 08:00 ET

Kleangas Energy Technology Wholly Owned Subsidiary Secures Production for Initial Pellet Order and Receives 3 Additional Requests for Pellets

TAMPA, FL--(Marketwired - Jan 22, 2014) - Kleangas Energy Technologies, Inc. (OTCQB: KGET) is pleased to report that our Subsidiary Green Day Technologies, will have 2,500 MT of Pellets for shipping by mid February 2014 with the balance to be delivered by first week in March 2014. The initial order for 5,000 metric tons will be delivered to South Korea. This first shipment represents a minimum of over $800,000 in revenue to the Company of the 12 month long $10,000,000 order commitment. Green Day is in the process of expanding production and will accept additional pellet orders as production allows.

Green Day had originally expected to only have one buyer for South Korea. This plan changed when the Company received 3 additional requests for product. Based upon the original contract we would have had to turn down the additional request, and the other pellet buyers did not want to turn over their clients to the one buyer the Company has contracted. An 8k was filed yesterday, January 21, 2014 reflecting this single distributor agreement termination. Free of this single distributor agreement, KGET subsidiary is now receiving additional inquiries for product beyond the 3 additional requests mentioned above.

Bo Linton CEO of Kleangas Technologies, Inc., stated, "We are working on the logistics which is a whole new area for the Company due to the fact we are shipping overseas. Each shipment will become easier to arrange as we become experienced with the logistic process."

An officer of Kleangas Energy Technologies, Inc., is scheduled to appear on MoneyTV ( Friday January 24, 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.

Safe Harbor Statement:

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.

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