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GreenChek Technology Inc. Announces Green Fleet ERD Pilot Program Launched

Dépèche transmise le 10 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, previously announced the shipping of ERD units to the UK. The company is pleased to report that the heavy goods vehicle ERD installations in the United Kingdom are now completed. During the green fleet pilot program, the ERD 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. The goal is to increase fleet fuel efficiency and decrease environmentally harmful emissions, such as carbon dioxide and particulates, from the current operational baseline. Greenchecks’ mechanics performed the installation of the ERD units on modern Euro 3 standard vehicles. Lincoln Parke, President of GreenChek stated, “The company is hopeful that this project could serve as a blueprint for both public and private heavy goods vehicle fleets to engage in a more environmentally proactive approach to emission reduction. We look forward to more successful installations in Europe, Asia and North America.”

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.