SOURCE: GelTech Solutions, Inc.

June 05, 2009 07:00 ET

Wall Street Resources, Inc. Releases an Updated Analytical Profile on GelTech Solutions, Inc.

JUPITER, FL--(Marketwire - June 5, 2009) - GelTech Solutions, Inc. (OTCBB: GLTC) announces today the release of an updated Analytical Profile on the Company, by respected micro-cap analyst Mr. Paul Silver, Director of Research for Wall Street Resources, Inc.

The free report is available at: The 36-page report provides investors with an updated look at the Company's business model, products, industry, valuation, management and risks. Wall Street Resources, Inc. is a professional research and consulting firm and its principals have over 30 years of experience providing analysis for emerging growth companies and information to the investment community.

Michael Cordani, GelTech Solutions' CEO, stated, "The GelTech story has evolved significantly since the publication of Wall Street Resources' first report on our Company in September 2008. Moreover, we are excited about the national level of interest in our innovative products and the deal flow that is building rapidly. We believe that this update provides investors with a taste for what is in store for us over the next several months as we continue to diligently and aggressively execute our plan."

Mr. Silver stated, "In our initial Analytical Profile, we discussed GelTech's environmentally friendly, non toxic polymer-based products and the market potential associated with each product line. After nine months, the potential is beginning to bear fruit, as evidenced by the domestic and international orders that GelTech has announced since late October. Based on existing evidence, we expect robust revenue growth over the next 12 months, with profitability likely achieved during fiscal year 2010."

In order to receive regular updates on GelTech Solutions, please click on the following link:

About GelTech:

GelTech Solutions creates innovative, Earth-friendly, cost-effective products that help industry, agriculture, and the general public accomplish environmental and safety goals, such as water conservation and the protection of lives, homes, and property from fires and other dangers. GelTech's dedication to finding global answers to common problems touches its current products and its development pipeline of new and promising innovations.

GelTech markets and sells innovative proprietary products invented by Peter Cordani and assigned to GelTech Solutions, including:

--  FireIce®, a patented powder that extinguishes fires, including
--  RootGel™, a solution to today's drought challenges. RootGel™ is
    a moisture-retentive soil conditioner that decreases the need for water.
    RootGel™ is ideal for golf courses, lawns, tree and sod farms, and
    nurseries; and
--  SkinArmor™ is a trademarked product of GelTech Solutions.

For more information on GelTech, please visit GelTech at

About the Analyst

Mr. Silver joined Wall Street Resources in 2006 as the Director of Research. He has been in the financial services industry since 1995 and began his professional career in auditing with a Big Four accounting firm in New York City. Mr. Silver made the move to Wall Street as a sell-side research analyst for two global investment banks in New York City including Salomon Smith Barney and UBS Paine Webber. At Salomon Smith Barney he was a member of the firm's research team covering REITs that was consistently ranked #1 by Institutional Investor magazine. Most recently, Mr. Silver worked for a private equity firm as its Chief Investment Strategist.

Mr. Silver is a graduate of the College of William and Mary in Virginia with a BA in liberal arts and New York University's Stern Business School with an MBA in International Finance and Accounting.

About Wall Street Resources

Wall Street Resources, Inc. and its affiliated site is a leading source for information on micro-to-small capital publicly traded companies and its principals have over 25 years of experience providing analysis on these companies. Wall Street Resources (WSR) acts as a conduit between micro-to-small capital company investors and emerging growth companies through its proprietary financial publications including daily and monthly newsletters, as well as comprehensive 20-50 page featured company reports. To sign up to receive WSR's financial publications go to: WSR also provides business consulting services to help corporate executives by writing analytical reports, building financial models, and developing business plans.

Disclaimer -- We, our affiliates, and any officer, director or stockholder or any member of their families may have a position in and may from time to time purchase or sell any securities discussed in our financial publications. There may be instances when fundamental, technical, and quantitative opinions may not be in concert. Our associates may from time to time perform investment banking or other services for, or solicit investment banking or other business from, any company mentioned in our reports. WSR is a consultant to the Company and has received or expects to receive 35,000 shares of 144 restricted stock and $5,000 per month for due diligence fees and consulting services from July of 2008 through August of 2009. Also, a principal of Wall Street Resources is the owner of WSR Consulting which provides interim CFO services to the Company.

Safe Harbor

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including executing GelTech's business plan. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include global and domestic economic conditions, budgetary pressures facing state and local governments and our failure to receive or the potential delay of anticipated orders for our products. Further information on GelTech's risk factors is contained in its filings with the Securities and Exchange Commission, including the Form 10-K for the year ended June 30, 2008. GelTech does not undertake any duty nor does it intend to update the results of these forward-looking statements.

Contact Information