SWANTON, Md., Oct. 3, 2012 (GLOBE NEWSWIRE) -- Green Processing Technologies, Inc. (OTC:TMGR) announced today that its BioGrow division has sold 20 tons of its BioGrow™ organic soil amendment and growth accelerator product to Capital Energy Xploration, a Wyoming-based oil and gas exploration and service company.
Capital Energy Xploration will use Green Processing Technologies' BioGrow™ to accelerate vegetation growth on a completed drilling site located in Pennsylvania in order to return the site to its original state. BioGrow™ serves to moderate the pH, supply nutrients and organic matter, reduce crusting and lower soil density on contaminated mining sites. BioGrow™'s organic matrix serves a multitude of functions in soil fertility and may be the most significant single mechanism whereby fertility constraints are removed in both commercial and residential applications.
Chairman and CEO of Green Processing Technologies, Stephen D. Cummins, commented, "We are very excited to sell our BioGrow land remediation product to Capital Energy Xploration, which is a forward-thinking oil and gas company with an honest land ethic. The remediation and reclamation of drilling sites and mine tailings is a challenging global environmental issue and BioGrow is one of the most effective solutions to this problem. We believe that Capital Energy's utilization of BioGrow on completed drilling sites will generate a great deal of interest in the product throughout the Mid-Atlantic region's oil and gas exploration community and beyond."
About Green Processing Technologies, Inc.
Green Processing Technologies, Inc. (GPTI) is a corporation focused on the development, fabrication and commercialization of green technology designed to establish new environmental standards on a global basis. The Company's technologies presently include RDF Waste-to-Energy Power Generation, Oil Field Water and Sludge Remediation, Water Desalinization, BioGrow Contaminated Land Remediation, Alternative Agriculture Seafood Farms, Oil Recycling, Medical Waste Remediation, and E-Waste Remediation.
For more information visit www.greenprocessingtechnologies.net.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
CONTACT: Green Processing Technologies, Inc. 301-387-8088Source:Green Processing Technologies, Inc.