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GreenChek Announces Advancement in ERD Technology

Dépèche transmise le 12 mars 2009 par Business Wire

SAN FRANCISCO--(BUSINESS WIRE)--GreenChek Technologies Inc., a leading globally focused provider of hydrogen based technology for mobile transportation and stationary power generation applications, is pleased to announced today the release of the ERD 2.0.

GreenChek has achieved advances in our hydrogen based emission reduction technology. The ERD 2.0 requires less maintenance and increases our ability to link units together in a modular format for greater efficiency. The ability to link units together contribute to further fuel cost savings and greater emission reduction, at the same time maintaining durability and overall quality to ensure that the systems have a long life. “We are very pleased with our ERD development,” stated Lincoln Parke, President of GreenChek. “This opens the door for GreenChek to implement its fuel saving and emission reduction technology to a wider range of vertical markets, in the future.”

About GreenChek

GreenChek Technology Inc. (www.greenchektech.com) is traded under the symbol GCHK on the OTCBB exchange and is based in San Francisco, California. GreenChek manufactures and distributes hydrogen injection technology which is primarily focused on mobile transportation applications, as well as stationary power generation applications. 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 GreenChek'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.