GEC Announces $1.5 Million Funding for Company Projects
(firmenpresse) - MONTCLAIR, NJ -- (Marketwire) -- 08/16/11 -- Global Ecology Corporation (GEC), (OTCQB: GLEC) announced today that it has received an initial draw as part of a $1,500,000 funding from an investment partnership that will enable the company to expedite the completion of current development projects.
These projects include three Alabama organic fertilizer-blending centers and the expansion of its existing Florida soil amendment locations. The funding will also help expedite the completion of the U. S. government registration for its IMS1000 chemical products and related water-cooling tower efficacy testing.
Additionally, the company will now have the means to invest more capital in the development and execution of its product lines and its marketing and distribution strategies.
GEC President Peter Ubaldi said, "This important investment is the first of several significant developments focusing on domestic market expansion that we expect to announce in the coming weeks and months. We look forward to proving additional details."
Please visit the company's website for more information: .
Investors may contact President & CEO Peter Ubaldi at 973-655-9001 or Frank Hawkins, Hawk Associates, at 305-451-1888, e-mail: . To receive future releases in e-mail alerts, sign up at .
This news release includes forward-looking statements regarding, among other things, the company's business and financial plans, strategies and prospects. Although the company believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, it cannot provide assurance that it will achieve or realize these plans, intentions or expectations. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as: believe, expect, anticipate, should, planned, will, may, intend, estimated, and potential, among others. Important factors that could cause actual results to differ materially from the forward-looking statements made in this news release include market conditions and those set forth in any reports or documents that the company may publicly file from time to time.
Contact:
Peter Ubaldi
President & CEO
973-655-9001
Frank Hawkins
Hawk Associates
305-451-1888
e-mail:
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Datum: 16.08.2011 - 07:11 Uhr
Sprache: Deutsch
News-ID 1031063
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contact information:
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MONTCLAIR, NJ
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Kategorie:
Waste Management
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