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GreenChek Shipping Update

Dépèche transmise le 4 juin 2009 par Business Wire

SAN FRANCISCO--(BUSINESS WIRE)--GreenChek Technology Inc. (OTCBB:GCHK), a leading globally focused provider of hydrogen based technology for mobile transportation and stationary power generation applications, is pleased to report that we have shipped several ERD units to the United Kingdom for real time evaluation by a world class transportation company. In conjunction with our ongoing European distribution agreement with TESEL, the ERD units will be installed on heavy goods vehicles by the Company’s licensed technicians. The units will undergo real time evaluation, demonstrating the integration of the ERD into the regular operational services of a large transportation system, while allowing monitoring of operations, maintenance and fueling over a sustained period of time. “We want to demonstrate the practical and everyday use of our hydrogen-based technology. A technology that contributes to improving the environment and overall air quality,” states GreenChek’s President, Lincoln Parke. “We are excited about the Company’s future prospects made possible by the UK project, which has provided us with the unique opportunity to implement our plans on a large European scale.” After the initial evaluation period, management expects that orders of its ERD product will be generated.

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. GreenChek has operations in the United States, Canada, Asia and Europe.

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 GreenCheks'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.

Business Wire

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