GTSO Develops Urban Mining Best Practices to Build Innovative Business Model
SAN JOSE, Calif.--(BUSINESS WIRE)-- Green Technology Solutions (OTCBB: GTSO) CEO Paul Watson conducted the first of several planned site visits to large recycling facilities last week as part of a research mission to optimize supply chain methods for GTSO's urban mining initiative.
Watson visited a municipal e-waste recycling center in Houston, Texas, where he interviewed operations supervisors and volunteers and spent a few hours working with their recycling team to gain hands-on experience in the proper reclamation and disposal of both valuable and toxic materials from discarded electronics.
"As GTSO makes plans to initiate our own large-scale urban mining projects, it's important to learn first-hand how we can improve on the existing infrastructure," Watson said. "This visit helped me to fully comprehend the recycling process from a grass-roots level in order to help our company determine areas for increased efficiency, optimization and profitability."
GTSO's leadership has more visits planned to cell-phone recycling facilities as well as emerging industry leaders such as Waste Management (NYS: WM) . Watson will also attend MINExpo International next week in Las Vegas to learn and network with other traditional and urban mining companies from around the world.
Urban mining is a major pillar of GTSO's plans to compete alongside major international corporations striving for sustainable manufacturing solutions, such as Sprint Nextel Corp. (NYS: S) and Toyota Motor Corporation (NYS: TM) . The company is also exploring traditional mining opportunities in the U.S. and Africa through its joint venture with Diamond V Associates.
About Green Technology Solutions, Inc.
Green Technology Solutions, Inc. [www.gtsoresources.com] is a growth-oriented company exploring rare earth minerals and precious metals production around the world. To learn more, please visit our website at www.GTSOresources.com/investors.html.
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Green Technology Solutions, Inc.
Paul Watson, 408-432-7285
President and CEO
KEYWORDS: United States North America California Nevada Texas
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