GreenChek Announces Its Planned Entry Into the German Market
On Thursday June 4, 2009, 11:03 pm EDT
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SAN FRANCISCO--(BUSINESS WIRE)--GreenChek Technologies Inc., a leading globally focused provider of hydrogen based technology for mobile transportation and stationary power generation applications, has announced today that the company plans to enter the German marketplace in the first quarter of 2010, in conjunction with our distribution partner TESEL.
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GreenChek will leverage test data gathered in France and England for the planned entrance into Germany. In Germany, we will also be installing our ERD units on a world class transportation company’s heavy goods vehicles. GreenChek’s President and Chief Executive Officer Lincoln Parke stated, “While we are currently focused on the ERD installations in France and England, we are subsequently preparing for the deployment of our technology in Germany.” Parke also added, “The future of hydrogen fuel cell implementation in Europe is on its way and we are excited about the Company’s prospects in the commercialization of the ERD in this lucrative market.”
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 Statements
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.
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Windfall Communications, LLC
Trevor Justus, 866-590-6589
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